Saudi Arabia’s point-of-sale value rises to $3.4bn as food spending increases: SAMA
CAIRO: Food and drink sales helped drive a 23 percent rise in point-of-sale transactions in Saudi Arabia in the week ending Oct. 1, the latest weekly data from the Saudi Central Bank revealed.
Sales grew by SR2.4 billion ($640 billion) last week to reach SR12.8 billion in what was the highest percentage rise since the week ending July 30.
POS is an economic term used to describe what is spent by…