ISLAMABAD: A memorandum of understanding was inked between Saudi Arabia’s Al Baik Food System Company and Gas and Oil Pakistan Ltd (Go) under the Saudi Ministry of Investment, official media reported on Friday.
Reflecting Saudi Vision 2030 to enhance exports of rich national expertise and open new horizons for Saudi commercial expansion internationally, this deal would explore the possibility of establishing a strategic partnership to set up and operate Al Baik restaurants across Pakistan, APP reported.
The inking ceremony was held under the patronage of the Kingdom of Saudi Arabia’s Minister of Investment, Engineer Khalid Al-Falih, and high-ranking delegations from both Saudi and Pakistani sides in attendance.
Go is a leading player in Pakistan’s oil and gas sector. This partnership underscores the Kingdom of Saudi Arabia’s commitment to diversifying its economy and creating new growth opportunities in foreign markets.
