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FinancialNews
15-06-21
Saudi Arabia increases its annual rate of 9.6 percent in coffee market
(MENAFN)A research in 2019 done by the organizers of the Middle East Coffee Conference held in Riyadh showed that Saudi Arabia is considered the fastest-growing coffee market in the Middle East, enlarging at a yearly volume of 9.6 percent.
UAE-based RAW Coffee Co. increased its distribution network to Saudi Arabia and is planning to set up a physical presence in the Kingdom.
Arab News quoted Kim Thompson, the co-owner and managing director of RAW Coffee Co. as saying that “We would say that the KSA specialty coffee scene is catching up to the more established UAE industry both in quality and knowledge, which is a very exciting time.”
Thompson further stated, “We have completed establishing our KSA business licensing and are currently exploring opportunities based out of Riyadh. At the moment, we roast and deliver fresh from our roastery in Dubai to the commercial customers in KSA that we supply, one of which is L’ETO Cafe, which has branches in Riyadh, Jeddah and Dammam.”
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