Bacardi and champagne investing in Saudi Arabia to move its headquarters in 2025 : Saudi Alcohol News

Currently, after Saudi Arabia legalized Alcohol and top wine, beer, Tequila, Vodka, and Rum in its country, it seems that the world’s top alcohol companies are now attracting more investment and business from Saudi Arabia. To purchase alcohol in Saudi Arabia, you had to obtain a license and for an alcoholic person, purchasing alcohol in Saudi Arabia was banned, and quite recently, it was illegal. But ever since MBS (Mohammed bin Salman) has taken over the command of Saudi Arabia, the top alcohol companies are expected to buy a huge amount of alcohol than other countries of Saudi Arabia. If Saudi Arabia gives permission to top alcohol brands as halal then the liquor will not be sold openly but in bars, clubs, and adult males and it will be sold at a much faster rate. Alcohol is being made the new economic, financial, and business strategy of Saudi Arabia where tourists can fulfill their dreams in Saudi Arabia. After all, Saudi Arabia is one of the top countries in the world in luxury lifestyle but after the approvals of Alcohol, Saudi Arabia can also set up the headquarters of top luxurious Alcohol brands.

Top luxurious alcohol brands in Saudi Arabia, Why are top Alcoholic companies investing in the Middle East?

Bacardi and Champagne also have plans to establish their business in the Middle East where they are first eyeing Saudi Arabia, UAE, and Qatar. Because of the economic corridor building in the Middle East, Neom City, and future-based programs along with tax-free and VAT tax-free benefits, top companies want to take their business to the Middle East. But Saudi Arabia and UAE also want the approval of alcohol just like other Muslim countries like Pakistan, Turkey, Europe, USA, Indonesia, Africa, and India, now they want all the people who are affected by alcohol drinking should also get approvals for them. So I believe that in the future, Saudi Arabia’s thoughts on other Latin American and European countries companies will be able to approve Saudi Arabia’s other top alcohol brands. And it is possible that in future Saudi Arabia could become the world’s largest exporter of luxurious wine, vodka, Bacardi, and Gin.