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Mon 1 Jul 2019 02:06 PM

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UK coffee chain giant eyes Gulf expansion with new deal

Costa Coffee, Alghanim Industries announce an expansion of their partnership to cover Saudi Arabia, Oman, Qatar

UK coffee chain giant eyes Gulf expansion with new deal

Costa Coffee, the UK-based retailer with nearly 4,000 locations in more than 32 markets, is seeking further expansion across the Gulf region.

The coffee shop chain and Alghanim Industries announced an expansion of their partnership which will see Alghanim have development rights in Saudi Arabia, Oman, and Qatar, on top of existing rights in Kuwait.

The Costa Coffee-Alghanim partnership has opened 75 outlets in the region since its 2013 formation, a statement said.

It has also established a barista training centre, arranged pastry collaborations with celebrity chefs, upgraded store design and interiors, and opened a concept store at Al Hamra Tower, Kuwait.

Kutayba Y Alghanim, executive chairman, Alghanim Industries, said: “You must have a patient, long-term outlook, you must act decisively when opportunity arises, and above all, you must put the customer at the heart of your business. We share these values with Costa Coffee, a world-class brand.”

Omar K Alghanim, Group CEO, Alghanim Industries, added: “It comes as no surprise that most people in this region have a deep appreciation for good coffee. And that’s why we’re thrilled to grow with Costa Coffee, and to build on our success in Kuwait.”

“Today marks another exciting new chapter for Costa Coffee in the Middle East,” said Dominic Paul, CEO of Costa Coffee.

Alghanim Industries said it expects to open its first store outside Kuwait in Saudi Arabia by the fourth quarter of 2019.

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