Search Site

Trends banner

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Netherlands drinks the most coffee in the world

Saudi Arabia is among the top 10 countries in the world in coffee consumption.
    • The Netherlands is followed closely by Nordic countries Finland, Sweden and Norway

    • The global coffee market is enjoying ongoing growth despite the pandemic

    The Netherlands has emerged as the top coffee guzzling nation in the world, the data on the per capita consumption of the beverage across different countries has revealed.

    According to an estimate from the Statista Consumer Market Outlook, per capita consumption of coffee is set to be 8.3 kilograms in the European country, making it the most avid drinker of a cup of hot brown among the 15 countries with highest consumption of the beverage in the world.

    The Netherlands is followed closely by Nordic countries Finland, Sweden and Norway with a per capita consumption of 7.8, 7.6 and 6.6 respectively.

    Not far behind in the chart are Canada, Lebanon, Germany, Brazil and Qatar which at around 5 kg per capita consumption are the leading guzzlers of the bitter bean juice.

    Next are Switzerland, Italy, Estonia and Portugal which consume an average of  4 to 5 kgs of coffee per capita every year. The United States and France are at the bottom  of the chart with a consumption of 3.5 and 3.4 kgs respectively.

    According to a study by IndexBox, the global coffee market is enjoying ongoing growth despite the pandemic. Coffee yield figures have remained strong in 2020 and coffee bean exports have increased, despite the disruption to supply chains caused by the Covid-19 lockdown. Surging home coffee consumption has offset the slump in sales following the closure of the hotels, restaurants and cafes (HoReCa segment).