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.
Newsroom Desk: Saudi Arabia Desk
Saudi Non-Oil Activity Hits Four-Month High Despite Export Slump
Domestic demand and project approvals lifted Saudi Arabia’s non-oil PMI in June, but export weakness and cost pressure show that growth remains uneven.
Saudi POS Spending Rises to $3.36 Billion as Consumer Demand Holds
Weekly payment data show Saudi consumer spending remaining above the $3 billion mark, with food, restaurants and Riyadh transactions supporting the total.