Saudi fast food giant AlBaik to shake up Pakistan’s fast food scene

Saudi Arabia’s renowned fast food chain, AlBaik, famous for its fried and broasted chicken, is set to challenge Pakistan’s existing fast food market. According to latest reports, the company is planning to open several restaurants across the country and is currently in discussions with government to facilitate this expansion.

A reliable source disclosed that a memorandum of understanding (MoU) has already been signed between AlBaik Food Systems Company and Gas and Oil Pakistan Ltd (GO), the same company behind GO petrol stations in Pakistan.

Founded in 1974 by Shakour Abu Ghazalah in Jeddah, AlBaik has grown into a beloved household name, with over 120 outlets worldwide. Its popularity is such that many Saudis prefer it over international chains like KFC and McDonald’s.

The MoU between AlBaik and GO petroleum is part of a larger framework of 27 agreements, valued at more than $2 bn, signed between Pakistan and Saudi Arabia. These agreements were finalised during the visit of a Saudi delegation led by the Minister for Investment, Sheikh Khalid Bin Abdul Aziz Al Faleh.

Prime Minister Shehbaz Sharif stated on Thursday that the MoUs, which focus on boostin bilateral investment, are expected to significantly boost trade and economic cooperation between the two nations.