21 Hrs
معلومات مباشر
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معلومات مباشر

2026-10-20T15:09:33.120Z

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Tadawul partners with Morgan Stanley Saudi for market-making
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Saudi Arabia processes 246.4 million POS trades

Saudi Arabia processes 246.4 million POS trades

Saudi consumers' weekly spending via point-of-sale transactions continued to decline by 6.8% between October 11 and October 17, 2026, compared to the previous week. The total sales amounted to 12.6 billion SAR, down from 13.53 billion SAR previously. Additionally, the number of transactions decreased by 2.7%, reaching 246.42 million transactions compared to 253.36 million. Among the sectors, food and beverage activities led consumer spending with 2.22 billion SAR across 59.14 million transactions, followed by restaurants and cafes with 1.65 billion SAR and 59.56 million transactions. Fuel stations accounted for 1 billion SAR through 17.97 million transactions, and transportation totaled 920 million SAR with 6.93 million transactions. In terms of cities, Riyadh ranked first with expenditures of 4.41 billion SAR, marking a decline of 8.4%. Jeddah followed with spending of 1.67 billion SAR, representing a decrease of 7.2%.

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