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Saudi fast food giant ready to challenge KFC in Egyptian market

The introduction of Saudi fast food chain Albaik to Egypt is part of the $7.7 billion investment package announced during the recent visit of Saudi Crown Prince Mohammed bin Salman to Cairo.

Saudi women wait in line in the "women's section" of a fast food restaurant in Faysalia mall, Riyadh City, Saudi Arabia, Sept. 26, 2011.
Saudi women wait in line in the "women's section" of a fast food restaurant in Faysalia mall, Riyadh City, Saudi Arabia, Sept. 26, 2011. — Fayez Nureldine/AFP via Getty Images

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