Tarar confirms Saudi Arabia’s Al Baik launch in Pakistan

Information Minister Attaullah Tarar has formally confirmed the launch of Saudi Arabia’s popular fast-food chain Al Baik in Pakistan

“Saudi investments are growing. Agreements [between both nations] have now exceeded $6 billion. Al Baik is on its way to Pakistan, and Aramco has opened its first fuel station here,” Tarar informed reporters in Lahore.

The minister highlighted the country’s improving global economic standing and pointed out that numerous allied countries are now looking to expand their investments in Pakisan.

He revealed that Qatar intends to invest $3 billion, while Azerbaijan has plans to contribute $2 billion.

“Foreign reserves now stand at $11 billion, and remittances have reached $8 billion. This will open up significant job opportunities,” Tarar noted, emphasising the positive impact of remittances on the national economy.