Since launching in 1986, Pret A Manger now has 500 stories across 10 countries
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Latest in coffee shop
business of coffee
Dubai coffee businesses to spill the beans on $980m industry at massive trade event
Dubai coffee industry to host trade show with more than 1,000 businesses
CEO
After four decades of leading Starbucks, Schultz handing over the reins to Narasimhan
The India-born Narasimhan joins the company from October 1 and will take over as the new CEO and a member of the board from April 1 next year
Coffee Bean
Philippines’ Jollibee buys Coffee Bean for $350m
Los Angeles-based Coffee Bean will add 14% to Jollibee’s global sales and expand its store network by more than a quarte
Americana
China’s answer to Starbucks eyes Middle East market
Coffee giant signs Luckin Coffee MoU with Kuwait food company Americana
AI for employees
It’s all about new ideas at Saudi Arabia’s oldest bank
On the cusp of a historic merger, Saudi Arabia’s oldest bank is using AI – and coffee – to reach out to a young, tech-savvy population
Alawwal Bank
Riyadh bank’s ‘coffee shop’ branch helps lure new customers
Alawwal managing director Soren Nikolajsen says the Ibda cafe bank branch in Riyadh’s Nakheel Mall is ‘by far’ the most active of the bank’s branches, with a higher proportion of young and female customers