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Naqi joins new deal with Mammo

Naqi joins new deal with Mammo

Niki Water Company has entered into a new contract annex with Mekkah Middle East Machines (Mmeko) with the aim of upgrading its production line at its factory in Qassim region. The goal is to improve operational efficiency and reduce resource consumption, while extending the operational schedule to the first half of 2027. The upgrade focuses on reducing the plastic weight used in packaging to achieve sustainability goals and lower costs. The modifications were made following an additional request valued at €114,600, bringing the total contract value to €1.0146 million. Coordination is being carried out with an interested party who is one of the major shareholders in Mmeko and holds a stake in Saqa Company, the main shareholder in Niki, in accordance with internal policies and regulatory regulations.

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