Saudi POS hits $3.6bn as education spending surges with academic year start

Saudi POS hits $3.6bn as education spending surges with academic year start

Via Miguel Hadchity in arabnews.com: Saudi Arabia’s point-of-sale transactions climbed to SR13.5 billion ($3.61 billion) between Aug. 11 and 17, reflecting a 3.6 percent increase from the previous week, official data showed. According to the latest figures from the Saudi Central Bank, also known as SAMA, the education sector led the charge, recording a 127.5 percent surge in spending, with total transactions reaching SR1.01 billion.





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