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via argaam.comEconomy

POS transactions in Saudi Arabia reach SAR 16.5 billion

FROM THE WIRE · ARGAAM.COM

The point-of-sale (POS) transactions in Saudi Arabia reached nearly SAR 16.5 billion in the week ended Oct. 3, compared to about SAR 13.4 billion a we

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRising digital payments reflect growing consumer spending and digitalization of Saudi economy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01POS transactions reached SAR 16.5 billion in the week ended October 3.
  2. 02This represents an increase from approximately SAR 13.4 billion in the prior week.
  3. 03Data was released by SAMA, Saudi Arabia's monetary authority.

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