Tag: Saudi POS

Saudi POS transactions rise 31.5% to $4.16bn

Food and beverage category remained the largest in value at SR2.34 billion Spending at restaurants and cafes increased by 22.8% to SR1.90 billion RIYADH: Point of...

Education spending drives Saudi POS transactions to $3.16bn 

Education sector recorded SR111.18 million in transaction value Overall POS transactions across all sectors declined 2.9% to 206.46 million RIYADH: Education spending in Saudi Arabia increased...

Saudi POS spending hits $4bn, fueled by increased spending across all sectors

RIYADH: Saudi Arabia’s point-of-sale transactions climbed 36.2 percent to SR15.4 billion ($4.1 billion) in the week ending May 3, driven by increased spending across all...

Saudi POS spending hits $3bn, fueled by jewelry sales

RIYADH: Jewelry spending in Saudi Arabia hit SR320.7 million ($85.4 million) between April 20 and 26, marking a weekly rise of 18.2 percent, according...

Don't miss

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...