Saudi Arabia Expands Alcohol Access: Premium Residents Can Now Buy Booze

World
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CNBC TV18•21-12-2025, 12:51
Saudi Arabia Expands Alcohol Access: Premium Residents Can Now Buy Booze
- •Saudi Arabia has quietly expanded access to its only alcohol store in Riyadh.
- •The store, opened in Jan 2024 for diplomats, now serves non-Muslim foreigners with Premium Residency.
- •This move is part of Crown Prince Mohammed bin Salman's liberalization efforts to boost tourism and business.
- •Alcohol remains banned for the general public; the discreet store operates with strict security and high prices.
- •Premium Residency offers benefits like property ownership and no Saudi sponsor, requiring high income or investment.
Why It Matters: Saudi Arabia expands alcohol access for Premium Residents, signaling cautious liberalization for economic growth.
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