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Naqi Water Buys SAR3 Million in White Pullets

MT Newswires·11/11/2026 08:44:53
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08:44 AM EST, 11/11/2026 (MT Newswires) -- Naqi Water (SASE:2282) bought 720,000 white pullets of the Hisex breed from Al-Bayad Farms for 3.1 million Saudi riyals. The deal completes the expansion plan for the water company's poultry sector project, which adds two new poultry houses and lifts production capacity by 50%, according to a Wednesday release. The Saudi Arabian company funded the purchase using its internal funds. Naqi Water also intends to carry out a flock replacement and renewal plan in four existing poultry houses according to their production cycles.