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Saudi Arabia’s POS transactions surge 33% as education and freight spending lead the rally
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 the latest data from the Saudi Central Bank, also known as SAMA. The total number of transactions also climbed sharply, rising 18.1 percent to 267.1 million during the seven days, compared to 226.2 million the week before. Education, freight and telecom post sharpest gains The broad-based rally touched almost every sector tracked by SAMA, with education spending posting the sharpest increase.
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saudigazette.com.sa
Saudi POS spending surges 33% to SR16.3 billion in one week
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…
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arabnews.com
Saudi Arabia’s POS transactions surge 33% as education and freight spending lead the rally
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…