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2026-09-16T00:00:00.000Z

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Ras Al Khaimah Partners with 100,000+ Turkish Firms

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19 Hrs2026-09-16T14:29:00.000Z
Ras Al Khaimah Partners with 100,000+ Turkish Firms

Europe Faces Weather Disasters and Climate Reinsurance

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20 Hrs2026-09-16T13:23:00.000Z
Europe Faces Weather Disasters and Climate Reinsurance

Germany plans to boost gas storage support

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22 Hrs2026-09-16T11:18:00.000Z
Germany plans to boost gas storage support

Egypt to drill 16 new gas wells

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23 Hrs2026-09-16T11:08:00.000Z
Egypt to drill 16 new gas wells

Egypt dollar rates today September 16

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23 Hrs2026-09-16T10:55:00.000Z
Egypt dollar rates today September 16
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Saudi Point-of-Sale Spending Drops to 13.8B Riyals

Saudi Point-of-Sale Spending Drops to 13.8B Riyals

The Kingdom of Saudi Arabia experienced a decrease in consumer spending across point-of-sale locations during the week of September 6 to 12, 2026. The total sales amounted to 13.79 billion Saudi riyals, reflecting a 12.9% decline compared to the previous week, which recorded 15.83 billion riyals. The number of point-of-sale transactions declined by 4.8%, reaching approximately 255 million transactions. The most prominent sectors in spending were the Food and Beverage sector, with a value of 2.28 billion riyals, followed by Restaurants and Cafés at 1.7 billion riyals, then Clothing and Accessories with 1.09 billion riyals, Fuel Stations totaling 1.05 billion riyals, and the Transportation sector at 1 billion riyals. The cities of Riyadh and Jeddah led in expenditure, each experiencing a 12% decrease. Riyadh's spending reached 4.87 billion riyals, while Jeddah's totaled 1.88 billion riyals.

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