Bateel sets sights on global market with new growth strategy

user icon
GHADA.ISMAIL
calender icon
Apr 13, 2025
article image

Riyadh – Sharikat Mubasher: Saudi luxury date producer Bateel is accelerating its international expansion plans under new CEO Nurtaç Afridi, aiming to triple its revenue from cafés and gourmet boutiques by 2029.

The company, backed by LVMH-linked private equity firm L Catterton, plans to increase its global retail footprint from under 200 stores to over 500, with recent openings in Seoul receiving strong consumer response, as reported by Bloomberg.

Afridi, former CEO of Godiva Chocolatier, said the company sees significant growth potential in positioning dates as a premium, healthy snack in markets from New York to Seoul. Bateel also plans to triple the number of date palms at its Saudi farms and build a new production facility to support growing global demand.

Founded nearly 80 years ago by Abdulrahman Al-Sudairy, Bateel remains privately owned and is not officially affiliated with the Saudi government, although its expansion aligns with national efforts to diversify the economy and boost agricultural exports.

Saudi Arabia produces about 3 million tons of dates annually, exporting nearly half. Bateel is leading efforts to redefine dates as a luxury product, supported by sustainable farming practices and rising international interest.


Share

Related News

Robo.ai to fully acquire QC Capital for $60mn
News
Calendar Icon
June 23, 2026
Robo.ai to fully acquire QC Capital for $60mn
Read More
Forbes Middle East names 12 Saudis in Most Influential CMOs List
News
Calendar Icon
June 23, 2026
Forbes Middle East names 12 Saudis in Most Influential CMOs List
Read More
Monsha’at graduates 33 startups from its AI Incubator Program
News
Calendar Icon
June 23, 2026
Monsha’at graduates 33 startups from its AI Incubator Program
Read More
KAUST, SAB, MISA partner to accelerate global startup expansion into Kingdom
News
Calendar Icon
June 22, 2026
KAUST, SAB, MISA partner to accelerate global startup expansion into Kingdom
Read More
Saudi Arabia issues 322 industrial licenses in April 2026
News
Calendar Icon
June 22, 2026
Saudi Arabia issues 322 industrial licenses in April 2026
Read More
Future Hospitality Summit 2026 convenes in Riyadh today
News
Calendar Icon
June 22, 2026
Future Hospitality Summit 2026 convenes in Riyadh today
Read More
Sidra Capital, Four Directions partner on SAR 450 mn Fashion District in Riyadh
News
Calendar Icon
June 22, 2026
Sidra Capital, Four Directions partner on SAR 450 mn Fashion District in Riyadh
Read More
Wego partners with Ministry of Hajj to redefine digital Umrah experience
News
Calendar Icon
June 22, 2026
Wego partners with Ministry of Hajj to redefine digital Umrah experience
Read More
Saudi Arabia leads Forbes’ Arab Family Business list with 32 companies
News
Calendar Icon
June 21, 2026
Saudi Arabia leads Forbes’ Arab Family Business list with 32 companies
Read More
Saudi Arabia rises to 13th globally in IMD Competitiveness rankings
News
Calendar Icon
June 21, 2026
Saudi Arabia rises to 13th globally in IMD Competitiveness rankings
Read More