Point-of-sale (POS) spending in Saudi Arabia surged by about 33 percent week on week to SR16.31 billion during the period from July 26 to Aug. 1, with 267.11 million transactions recorded across the Kingdom, according to the Saudi Central Bank (SAMA).

Point-of-sale (POS) spending in Saudi Arabia surged by about 33 percent week on week to SR16.31 billion during the period from July 26 to Aug. 1, with 267.11 million transactions…

RIYADH: Saudi Arabia’s total point-of-sale transactions reached SR16.3 billion ($4.35 billion) in the week ending Aug. 1, a 33 percent jump from the previous week, according to…