Saudi Arabia Has Potential to Lead Global Coffee Industry Trade

The International Forum for the Sustainability of Saudi Coffee concluded on Sunday in Jazan. (Asharq Al-Awsat)
The International Forum for the Sustainability of Saudi Coffee concluded on Sunday in Jazan. (Asharq Al-Awsat)
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Saudi Arabia Has Potential to Lead Global Coffee Industry Trade

The International Forum for the Sustainability of Saudi Coffee concluded on Sunday in Jazan. (Asharq Al-Awsat)
The International Forum for the Sustainability of Saudi Coffee concluded on Sunday in Jazan. (Asharq Al-Awsat)

The International Forum for the Sustainability of Saudi Coffee highlighted the Kingdom’s potentials to be a global hub for the trade and manufacture of coffee.

The forum, which concluded on Sunday, was organized by the Ministry of Culture in the southern city of Jazan with the participation of local and international experts to mark International Coffee Day.

A set of recommendations were issued at the end of the event, including the importance of Saudi Arabia joining the International Coffee Organization to promote the exchange of experiences, enhance the presence of the local product internationally, and cooperate in the field of research, innovation and development of national capabilities.

The forum stressed the need to help farmers improve production and boost the sector’s sustainability, and to support the innovation and entrepreneurship industry that would contribute to addressing challenges related to strengthening the Saudi coffee value chain.

The participants recommended organizing an annual international forum for Saudi coffee to discuss the achievements, challenges and aspirations, in partnership with the local community, and to study the launch of cultural indicators in cooperation with stakeholders, with the aim to monitor support for the coffee industry.

The second day of the forum concluded with two dialogue sessions that focused on the participation of government and research agencies in the field of coffee industry, in addition to examining the field from a medical angle, and its benefits on the health of the individual and society.

At the beginning of the first session, Dr. Al-Habib Khemira, researcher at the Center for Environmental Research and Studies at Jazan University, reviewed the main Saudi coffee varieties and their cultivation through different stages.

Eng. Bandar Al-Fifi, Director of the National Coffee Component at FAO, stated that coffee was the most consumed beverage around the world. He noted that the average daily demand for coffee consumption was increasing annually, which requires raising the production to meet the high demand.

He also emphasized the importance of teaching the next generation about farming to secure growth for the industry.

Radi Al-Faridi, deputy director general of the National Research and Development Center for Sustainable Agriculture, discussed the importance of cooperation of all authorities in agricultural integration.

“The definition of agricultural sustainability encompasses all environmental, social and economic aspects,” Al- Faridi said.

“Currently coffee is considered the second-largest traded commodity in the world after oil, with the global coffee market value reaching $102 billion in 2020. It is expected that the market will continue to grow to reach a rate of 4.28 percent during the period 2022-2026,” he said.

Moreover, he remarked that as the expansion in the coffee market increases so will the pressure on coffee supply chains.

The last session of the forum concluded with a working paper by researcher Ghadeer Fallata, from the Saudi Food and Drug Authority.

She pointed that around 43 percent of Saudi adults consume caffeine at a rate of less than 300 mg per day, highlighting an increasing growth of commercial activities related to coffee shops.

“There has been steady growth of commercial activities related to cafes, as the Kingdom ranked 11th globally in 2019 in importing tea products, 13th in importing coffee products, and 14th in importing chocolate,” she added.



Aramco CEO: We Will Invest $3.4 Billion to Expand Refinery in US

Amin Hassan Nasser, CEO of oil giant Aramco speaks during the Saudi-US investment forum in Riyadh on May 13, 2025. (Photo by Fayez NURELDINE / AFP)
Amin Hassan Nasser, CEO of oil giant Aramco speaks during the Saudi-US investment forum in Riyadh on May 13, 2025. (Photo by Fayez NURELDINE / AFP)
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Aramco CEO: We Will Invest $3.4 Billion to Expand Refinery in US

Amin Hassan Nasser, CEO of oil giant Aramco speaks during the Saudi-US investment forum in Riyadh on May 13, 2025. (Photo by Fayez NURELDINE / AFP)
Amin Hassan Nasser, CEO of oil giant Aramco speaks during the Saudi-US investment forum in Riyadh on May 13, 2025. (Photo by Fayez NURELDINE / AFP)

Saudi Aramco CEO Amin Nasser said the company will invest $3.4 billion to expand its refinery in the US, a move that reflects Aramco’s commitment to strengthening its presence in global markets, particularly in the integrated energy sector.

During his participation in the Saudi-US Investment Forum, Nasser said Tuesday that Aramco will sign an agreement with the US company Sempra to supply 6.2 million tons of liquefied natural gas annually, as part of the company’s plans to expand in this vital sector.

Aramco is pursuing 7.5 million tons a year of LNG offtake by 2030.

“The US is really a good place to put our investment,” he added.

Nasser explained that Aramco also invests in technology with global companies such as Nvidia, Google, IBM and Qualcomm.

Meanwhile, ACWA Power Chairman of the Board of Directors Mohammad Abunayyan said the company has succeeded in reducing the cost of electricity production from solar energy by 90%, and the cost of wind energy by more than 60%.

He pledged that the company will achieve a similar cost production in energy storage technologies.

“We have made renewable energy sources the backbone of the electricity grid, which is a globally unprecedented achievement,” Abunayyan said.

“Renewable energy has become a permanent source, thanks to the reliance on battery and hydrogen technologies,” he told a panel discussion at the Saudi-US Investment Forum.

Abunayyan said he is optimistic Saudi Arabia will become a digital hub and a global hub for data centers.

“There is no country in the world more capable than the Kingdom of Saudi Arabia to provide energy for data centers,” he said, stressing that Saudi Arabia is one of the few countries able to achieve net-zero emissions while maintaining the stability of the core energy grid.