Saudi POS Spending Edges Up to $3.36bn as Digital Payments Hold Momentum
Weekly card and digital payment transactions remained above $3 billion, offering a useful snapshot of consumer demand and the Kingdom’s cashless economy transition.
Banking & Fintech Desk
The Banking & Fintech Desk is a collaborative Telegraph Middle East editorial desk responsible for banks, payments, fintech, digital currencies and crypto regulation. Reporting is developed from official statements, regulatory records, company disclosures, recognised data sources and attributable expert commentary. The desk distinguishes confirmed developments from projections and updates material information when reliable new evidence becomes available.
Coverage: Banks, payments, fintech, digital currencies and crypto regulation.
Iranian Media Says Draft Deal Could Release $24 Billion in Frozen Assets
The reported financial component remains politically sensitive and requires confirmation of ownership, custody and release conditions.