Denmark’s Arla Food will raise output from its Saudi Arabian plants by 10 percent to manufacture more Starbucks ready-to-drink beverages and Puck products.
Starbucks signed a 21-year agreement in 2018 with Arla Foods, the largest dairy producer in Scandinavia, giving the latter license to manufacture, distribute and market Starbucks premium milk-based ready-to-drink coffee beverages for the European, Middle Eastern, and African markets.
The Danish producer, known for its Lurpak butter, also started new production lines for its brands in September.
Arla invested $17 million in the new Saudi production lines to manufacture more products for other countries in the region.
The new production facilities are adding more Saudi jobs, including a line fully operated by females.
The size of the Saudi dairy market is expected to increase from $5.72 billion in 2020 to $7.94 billion by end of 2026, according to TechSci Research firm.


Robinhood Expands into Indonesia with Strategic Crypto and Brokerage Acquisitions
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
European Stocks Rise as Markets Await Key U.S. Inflation Data
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth
U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth
Boeing Acquisition of Spirit AeroSystems Could Close Soon Amid Ongoing Conditions
Boeing Executive Says Trump’s Equity Stake Plan Won’t Target Major Defense Contractors
Why financial hardship is more likely if you’re disabled or sick
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 



