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Saudi Arabians boycott Coca Cola and Pepsi for Iranian Zamzam
Saudi Arabia-Iran, Economics, 8/23/2002
An Iranian beverage drinks company has been witnessing great turnout in Saudi Arabia by boosting "an Islamic alternative" for the American drinks like Coca Cola and Pepsi Cola, due to people's boycott of the American products.
The Saudi promoter of the Iranian drink which is called "Zamzam Cola" said that the demand for this drink exceeds three times the expectations during the first week of selling the drink in the markets of the eastern area of the Kingdom.
The director general of the al-Majarra foodstuffs Fares Khawajah said that the sales are excellent due to the boycott campaign of US products and the good quality of " Zamzam Cola." The company is trying the establish a factory in Bahrain or the United Arab Emirates which will allow exempting its products from customs fees and reduces transport costs. Zamzam Cola sells its products in Bahrain and Pakistan and certain African countries and hopes to expand its operations to cover other countries.
Previous Stories:
Saudi Arabian investors withdraw 200 billion dollars in assets from USA
(8/22/2002)
Rumsfeld phones Prince Sultan to contain the Saudi- American crisis
(8/10/2002)
US - Saudi trade down 40% due to strained relations
(7/6/2002)
Saudi Arabia- Iran cooperation booming
(5/20/2002)
Saudi- Iranian joint economic committee starts deliberations
(2/6/2002)
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