Saudi Arabia’s well-known fast-food brand, Albaik, is making its move into Pakistan. After months of planning and talks, the process is now in its final stages, with the first Albaik branches expected to open soon. This exciting development is expected to create new jobs and help boost the trade relationship between Saudi Arabia and Pakistan.
The news was confirmed after a key meeting between Pakistan’s Commerce Minister, Jam Kamal Khan, and Rami Abu Ghazala, the owner of Albaik. During this meeting, the Minister toured Albaik’s operations and met with Pakistani employees working at the company. This visit highlighted the growing relationship between the two countries and the potential of Albaik’s entry into Pakistan’s fast-food market.
Pakistan’s Minister for Commerce was eager to welcome Albaik to the country, pointing out how this move could enhance the local fast-food scene and give consumers more options. The arrival of Albaik is not only a win for the food industry but is also a clear sign of strengthening economic and trade ties between Saudi Arabia and Pakistan.
In recent months, Minister Jam Kamal Khan has been busy in Jeddah, meeting with business leaders and exploring ways to increase trade and investment between the two nations. These discussions took place during the first-ever “Made in Pakistan” exhibition, where the Minister talked about several important business opportunities, including those for Saudi brands like Albaik to enter Pakistan’s growing market.
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During these meetings, the Commerce Minister encouraged Saudi investors to consider opportunities in various sectors in Pakistan, such as energy, agriculture, healthcare, IT, and infrastructure. He also highlighted Pakistan’s strong export growth to Saudi Arabia, which has increased by 22% to reach $700 million. In addition, the Pakistani government is offering tax exemptions and other business-friendly incentives to attract foreign investment.
Saudi businesses are already showing interest in Pakistan, especially in the areas of construction materials, textiles, and food. Several projects were discussed, and the Minister invited Saudi investors to visit Pakistan and explore new opportunities, including participation in trade exhibitions like TEXPO, Food-AG, and the Healthcare & Mineral Show.
Pakistan’s government has also made efforts to make it easier to do business in the country. The launch of initiatives such as the Pakistan Single Window (PSW) and the National Compliance Centre aims to streamline trade regulations and make it easier for businesses to operate.
In another key meeting, Minister Jam Kamal Khan met with Pakistani investors and business leaders based in Jeddah. He praised their contributions to Saudi Arabia’s economy and emphasized the strong financial links between the two countries, noting that over 1.7 million Pakistanis traveled to Saudi Arabia in the past five years. Saudi Arabia is also a major source of remittances for Pakistan, with $7.4 billion sent back to Pakistan last year alone.
The recent meetings and Albaik’s expansion into Pakistan are signs of the growing economic cooperation between the two nations. As the economic corridor between Saudi Arabia and Pakistan continues to develop, there are more opportunities on the horizon for both countries to benefit. This move by Albaik is just one example of the exciting future ahead for Pakistan’s fast-food industry and its broader economy.
With the potential for new jobs, better consumer choices, and stronger business partnerships, the future of the Pakistan-Saudi economic relationship looks brighter than ever.
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