ISLAMABAD: Saudi Fast Food Al -Bike has decided to start operations in Pakistan and is expected to open outlets in major cities, Commerce Minister Jam Kamal Khan said in Jeddah on Saturday.
The minister visited Albic’s plants and met with Pakistani employees working there.
During this visit, Albek confirmed that his plan to start operations in Pakistan was in its final stages, after which after signing a Memorandum of Understanding (MoU).
A press release released here on Saturday states that Pakistan’s exhibition, investment opportunities, and focused on Saudi brands, said the first time for the first time in the Pakistan exhibition.
In a key meeting with renowned Saudi traders, the minister invited him to find investment opportunities in Pakistan in energy, agriculture, IT, healthcare, infrastructure and consumer goods.
He highlighted the increase in Pakistan 22 PC exports to Saudi Arabia, reached $ 700 million, and Saudi Arabia’s business -friendly environment with tax exemption, investor protection laws, and 240 million strong consumer market access. Assured investors.
Saudi business leaders have expressed keen interest in cooperating with Pakistani counterparts, especially construction materials, textiles and food industries.
Numerous suggestions were discussed to enhance trade partnerships and industrial investment, when the minister invited him to visit Pakistan and participate in trade exhibitions such as Texpo, Food EG, and Healthcare and Mineral Show. Give
These debates also highlighted the recently easily -working business measures on Pakistan, including the Pakistan Single Window (PSW) and the National Compliance Center, which aims to smooth trade rules and increase export standards.
One of the great things of the visit, Jamal Kamal Khans met with Albican owner Rami Abu Ghazala. The minister was given a visit to Al -Bax’s operations, where he met Pakistani employees working at the fast food giant.
During the debates, Al -Bike confirmed its expansion in Pakistan, saying the process was in its final stages after signing a reconciliation. It is expected that the first al -Bike branches are expected to be opened soon in Pakistan, which will create new job opportunities and strengthen economic relations between the two countries.
The Minister praised the participation of Pakistani workers in Saudi businesses like Al -Bike and welcomed the entry of brands into Pakistan, which highlighted the ability of countries to expand the fast food industry and consumer market market.
In another important meeting, the minister met with Pakistani investors and business leaders living in Jeddah, who recognized decades of partnerships in Saudi Arabia’s economic landscape.
He acknowledged that in the last five years, 1.7 million Pakistanis traveled to Saudi Arabia, making it the first destination for the migrants.
The minister also highlighted $ 7.4 billion in remittances sent from Saudi Arabia last financial year, emphasizing strong financial links between the two countries.
He said that the recently established Pakistan Investor Forum in Jeddah is playing a key role in guiding the market and promoting Pakistani Saudi business cooperation.
He also encouraged Pakistani investors to take advantage of the visa policy revised visa policy, which allows citizens of GCC to enter Pakistan visa free for 90 days, which led to business travel. Gets easier.
In Jeddah, the engagements of Minister Jamal Kamal Khan reinforced Pakistan’s commitment to strengthen trade relations with Saudi Arabia. Until the coming expansion of Al -Bikes, which has confident in Pakistan’s economy with Saudi business leaders, the visit has taken an important step forward to deepen economic and trade relations between the two countries.
With the growing Saudi interest in Pakistani industries, increasing trade volume, and new business partnerships, the Pakistan Saudi Economic Corridor is ready to expand further, with interesting opportunities for both countries.
Dawn, appeared on February 9, 2025
