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Naqi Water Company announces the Board of Directors' approval to open two new branches in both Ad Dawadimi and Al Ghat governorates.
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| Announcement Detail | Naqi Water Company announces the Board of Directors' approval to open two new branches in both Ad Dawadimi and Al Ghat governorates, as part of the company’s expansion plans aimed at enhancing its presence across various regions of the Kingdom and reaching the largest segment of customers. The company explained that the opening of these two branches comes as an extension of its strategy to expand in the retail sector and raise the efficiency of transport and distribution operations, thereby contributing to improving the level of services provided to customers and enhancing the direct and rapid availability of products. This expansion comes as a continuation of the opening of seven new branches on 01/01/2026, which included: Hafar Al-Batin, Al-Khafji, Al-Majma'ah, Al-Kharj, Rumah, Al-Muzahmiya, and Sakaka. This step has proven the success of the company’s expansion and operational plans, and has contributed to enhancing its market presence and raising the efficiency of its services in several regions across the Kingdom. The company emphasized that the opening of the two new branches aims to: • Enhance the company’s market share in the targeted areas. • Raise the efficiency of transport and distribution operations and reduce operational distances. • Lower logistical costs and improve operational efficiency. • Improve product availability and reduce costs for the end consumer. This expansion is expected to contribute to supporting the gradual growth of the company’s revenues during the coming periods, in addition to enhancing operational efficiency and expanding the customer base in the Central Region and various regions of the Kingdom. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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