Arab News

Alghanim’s Costa Coffee to promote Saudi brand ‘Jazean’

-

Executive Chairman of Alghanim Industries

Alghanim Industries, one of the largest privately owned companies in the MENA region, has announced its strategic partnershi­p with Saudi Coffee Company, a wholly owned subsidiary of the Kingdom’s Public Investment Fund, through its specialty coffee brand Jazean. This partnershi­p will support local industries and embrace Saudi Arabia’s rich coffee heritage. This milestone is further enhanced by the opening of the 100th Costa Coffee store in the Kingdom, highlighti­ng the company’s commitment to growth and expansion in the region and the Saudi market.

Alghanim Industries, the largest franchisee of Costa Coffee across Europe, the Middle East, and North Africa by territory and its official representa­tive in the region, is dedicated to showcasing Saudi Arabia’s rich coffee heritage and authentic local flavors and blends, with a focus on supporting the burgeoning coffee industry. Jazean coffee’s blends, produced in the Kingdom’s southern region, will be prominentl­y featured as the “Coffee of the Day,” making them accessible to customers throughout the country. These distinctiv­e selections will be available across the menus of all 100 Costa Coffee stores in the Kingdom.

Kutayba Alghanim, executive chairman of Alghanim Industries, said: “Partnering with the Saudi Coffee Company to introduce locally grown Jazean coffee beans into our Costa Coffee stores represents a significan­t strategic initiative that underscore­s our deep commitment to the Kingdom of Saudi Arabia. This effort shines a light on our continuous drive to support job creation and expand employment opportunit­ies, aligning perfectly with the objectives of Saudi Arabia’s Vision 2030.

It signifies our contributi­on to the local economy, our dedication to energizing the job market, and our celebratio­n of the Kingdom’s rich coffee culture. We view this not merely as a business opportunit­y but as an avenue to support the community and safeguard the deep-rooted traditions that characteri­ze this region’s identity.” Mahmoud Samara, CEO of Alghanim Industries, said: “This collaborat­ion, especially through integratin­g Costa’s esteemed brand with distinctiv­e local concepts like Jazean coffee, not only underscore­s our commitment to innovation, community involvemen­t, and the celebratio­n of local heritage, but also opens the door to showcasing Saudi coffee beans across the region and potentiall­y beyond, leveraging our position as the largest Costa Coffee franchisee. It embodies our strategic vision to enhance the consumer experience significan­tly, contributi­ng positively to the Saudi economy and elevating the nation’s rich coffee culture on a global stage.” Saudi Arabia’s drive to establish itself as a prominent force in the global coffee market is underscore­d by significan­t initiative­s, particular­ly through the efforts of entities like the Saudi Coffee Company. These endeavors are focused on cultivatin­g the southern region of Saudi Arabia to harvest some of the highest quality Arabica coffee found in the market. This strategic developmen­t of a vibrant local coffee culture complement­s the observed surge in demand within the Kingdom, reflecting a broader impact with substantia­l figures to match. In 2023, the coffee sector reached a valuation of SR15.3 billion ($4.07 billion), indicating a promising growth outlook for the coming years. Alongside this internal growth, Saudi Arabia’s involvemen­t in the internatio­nal coffee trade is notable, with more than $1 billion worth of coffeerela­ted products imported in 2021 and an anticipate­d increase in trade value.

Khalid Abu Theeb, CEO of Saudi Coffee Company, said: “We are delighted to partner with Alghanim Industries, facilitati­ng the integratio­n of locally produced coffee beans in global coffee blends. This partnershi­p underpins Saudi Coffee Company’s commitment to empowering the private sector in the coffee industry, as well as promoting Saudi-based coffee production across the region and globally. At Saudi Coffee Company and through its specialty coffee brand Jazean, we are keen to partake in sustainabl­e coffee production processes across the full value chain, placing Saudi coffee beans on the global stage for coffee trade.”

Philippe Schaillee, CEO of Costa Coffee, said: “Alghanim has some of the best Costa Coffee stores in the world — helping us create a progressiv­e and innovative brand in Saudi Arabia, targeting younger consumers, as well as inspiring those who already know and love the Costa Coffee brand. The partnershi­p with Saudi Coffee Company is a fantastic example of how a global brand like Costa Coffee can operate in multiple markets and regions, whilst working with local partners to celebrate and champion the individual market’s heritage and produce.”

Alghanim Industries has establishe­d two state-of-the-art training centers in the Kingdom, dedicated to training and developing aspiring Saudi baristas to meet internatio­nal standards.

 ?? ?? Philippe Schaillee, CEO of Costa Coffee; Khalid Abu Theeb, CEO of Saudi Coffee Company; and Mahmoud Samara, CEO of Alghanim Industries; at the signing ceremony.
Philippe Schaillee, CEO of Costa Coffee; Khalid Abu Theeb, CEO of Saudi Coffee Company; and Mahmoud Samara, CEO of Alghanim Industries; at the signing ceremony.
 ?? ?? Partnering with the Saudi Coffee Company to introduce locally grown Jazean coffee beans into our Costa Coffee stores represents a significan­t strategic initiative that underscore­s our deep commitment to Saudi Arabia.
Kutayba Alghanim
Partnering with the Saudi Coffee Company to introduce locally grown Jazean coffee beans into our Costa Coffee stores represents a significan­t strategic initiative that underscore­s our deep commitment to Saudi Arabia. Kutayba Alghanim

Newspapers in English

Newspapers from Saudi Arabia