Riyadh, April 8, 2025 – Barbeque-Nation Hospitality Ltd, the popular casual dining chain from India, received approval from the Kingdom of Saudi Arabia for incorporating Barbeque Nation Saudi Arabia, a major milestone in its global expansion plans. The step will help the company achieve its vision of taking its distinctive dining experience to the world.
Highlights:
Saudi Arabia Incorporation
The Kingdom of Saudi Arabia officially endorsed the acquisition of Barbeque Nation Saudi Arabia, leading to the organization paving its path towards entering the Middle Eastern market.
The Riyadh outlet is projected to be open by Q3 FY26 with potential expansions scheduled for major cities such as Jeddah and Dammam.
Strategic Significance
Saudi Arabia is an attractive market for Barbeque Nation, owing to its surge in demand for varied dining culture and rising disposable incomes.
This expansion is the company's latest initiative to extend its presence overseas and diversify its revenue.
Market Background:
Barbeque-Nation has more than 200 establishments in India as well as several international outlets currently. The expansion in Saudi will considerably enhance its global presence.
Middle East foodservice market is expected to grow at a CAGR of 6.8%, providing sufficient opportunity for expansion.
Insights from the Leaders:
"We are excited to introduce our distinctive dining experience to Saudi Arabia. This expansion demonstrates our drive to provide world-class culinary experiences everywhere," said a spokesperson for Barbeque-Nation Hospitality.
Forecast:
With this inclusion, Barbeque-Nation will be in a position to reinforce its international dining brand and adapt to the changing tastes of Middle Eastern customers.
Conclusion:
The approval of Barbeque Nation Saudi Arabia is a crucial milestone in the company's international expansion and market diversification path.
Source: Placeholder analysis on given announcements.