A Memorandum of Understanding (MoU) has been signed between Al Baik Food System Company from Saudi Arabia and Gas and Oil Pakistan Ltd (GO) to explore opportunities for expanding the popular Saudi fast food chain into Pakistan. This announcement was made by the state-run news agency APP.
The signing of this agreement took place during a significant event that coincided with the visit of Saudi Arabia’s Minister of Investment. In total, 27 MoUs were signed during this event, covering a wide range of sectors, including energy, agriculture, mining, human resources, and cybersecurity. These agreements highlight the growing collaboration between Saudi Arabia and Pakistan in various industries.
Rami Abu Ghazaleh, the CEO of Al Baik, mentioned that the company is currently conducting an analysis of the local market in Pakistan. This analysis is aimed at understanding the preferences and needs of Pakistani consumers, which will help facilitate the launch of Al Baik’s operations in the country in the near future.
The entry of Al Baik into Pakistan’s fast food market could provide exciting new options for food lovers, as the brand is well-known for its delicious chicken meals and unique flavors. The company’s expansion would not only enhance the local dining scene but could also create new job opportunities and contribute to economic growth in the region.
Overall, this partnership marks an important step in strengthening the business ties between Saudi Arabia and Pakistan, paving the way for further investments and collaboration in the future.