* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Salem’s Harborwalk Garden Cultivates Community with Entertainment, Food, and Events – 105.7 WROR

    Discover the Vibrant Community Spirit at Salem’s Harborwalk Garden: A Hub for Entertainment, Food, and Fun!

    Entertainment-Focused Narrative and Culture Change Practice – New America

    Transforming Culture Through Engaging Entertainment Narratives

    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    AI for lawyers: Win back your time using technology – nationaljurist.com

    Reclaim Your Time: How AI is Transforming the Legal Profession

    Prosecutors accuse men of exporting U.S. military technology to China – Milwaukee Journal Sentinel

    Men Charged with Illegally Exporting U.S. Military Technology to China

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

    Salem’s Harborwalk Garden Cultivates Community with Entertainment, Food, and Events – 105.7 WROR

    Discover the Vibrant Community Spirit at Salem’s Harborwalk Garden: A Hub for Entertainment, Food, and Fun!

    Entertainment-Focused Narrative and Culture Change Practice – New America

    Transforming Culture Through Engaging Entertainment Narratives

    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    Finland Set to Lead EU Quantum Technology Defense Project – IoT World Today

    AI for lawyers: Win back your time using technology – nationaljurist.com

    Reclaim Your Time: How AI is Transforming the Legal Profession

    Prosecutors accuse men of exporting U.S. military technology to China – Milwaukee Journal Sentinel

    Men Charged with Illegally Exporting U.S. Military Technology to China

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

‎Consumer spending rises to SAR 122B in May

July 2, 2024
in Business
‎Consumer spending rises to SAR 122B in May
Share on FacebookShare on Twitter

Consumer spending rises to SAR 122B in May

Consumer spending in Saudi Arabia increased by nearly 14% to SAR 121.96 billion in May 2024 from nearly SAR 107.43billion in the same month last year.

For more details on consumer spending from Argaam Tools

For more details on consumer spending from Argaam Tools

Consumer spending in Saudi Arabia represents total cash withdrawals, point-of-sale (POS) transactions, and e-commerce via Mada cards.
 

Consumer Spending (SAR bln)

Period

2023

2024

Change

January

105.19

114.24

+9 %

February

97.85

113.37

+16 %

March

120.62

126.18

+5 %

April

111.51

113.17

+1 %

May

107.43

121.96

+14 %

June

115.41

—

—

July

104.63

—

—

August

115.42

—

—

September

106.61

—

—

October

110.01

—

—

November

111.47

—

—

December

113.53

—

—

POS transactions saw a 13% year-on-year (YoY) rise to around SAR 56.5 billion in May.

The data showed that 894.49 million transactions were processed through 1.8 million POS terminals during the same period.

POS transactions represent the expenditures made by consumers using their ATM cards and credit cards at shopping malls, retail stores, pharmacies, and other retail outlets.

The table below indicates the development of POS transactions:
 

POS Transactions (SAR bln)

Period

2023

2024

Change

January

48.33

53.80

+11%

February

44.80

53.72

+20%

March

55.41

59.68

+8%

April

51.57

52.95

+3%

May

49.80

56.49

+13%

June

51.85

—

—

July

49.35

—

—

August

54.64

—

—

September

50.50

—

—

October

51.10

—

—

November

52.37

—

—

December

54.23

—

—

Cash withdrawals from ATMs grew by 10% YoY to about SAR 49.3 billion in May.

These withdrawals were processed through 15,800 ATMs in 129.8 million transactions.
 

ATM Withdrawals (SAR bln)

Period

2023

2024

Change

January

45.15

46.01

+2%

February

41.74

45.54

+9%

March

51.70

50.61

(2%)

April

47.32

—

(4%)

May

44.93

—

+10%

June

50.17

—

—

July

42.38

—

—

August

46.40

—

—

September

42.26

—

—

October

45.49

—

—

November

45.62

—

—

December

45.67

—

—

E-commerce sales through Mada cards climbed 28% YoY to SAR 16.2 billion in May.

According to monthly data issued by the Saudi Central Bank (SAMA), these sales were made through 91.9 million transactions.

Online sales include transactions processed through Mada cards for payments and purchases made via online shopping and applications. However, these do not include transactions conducted using Visa, Mastercard, or other credit cards.

The table below indicates the development of online sales via Mada cards:

Online Sales via Mada Cards (SAR bln)

Period

2023

2024

Change

January

11.71

14.43

+23%

February

11.32

14.11

+25%

March

13.50

15.89

+18%

April

12.63

14.85

+18%

May

12.71

16.22

+28%

June

13.39

—

—

July

12.90

—

—

August

14.38

—

—

September

13.85

—

—

October

13.42

—

—

November

13.48

—

—

December

13.63

—

—

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1738164

Tags: businessConsumerSpending
Previous Post

‎PIF makes SAR 64B profit in 2023

Next Post

‎Dar Global, Trump Organization plan to build tower in Jeddah

From Eggs To Fingerlings, Wyoming Students Dive Into The World Of Fish Conservation – KGAB

From Eggs to Fingerlings: Wyoming Students Make Waves in Fish Conservation!

June 3, 2025
‘Sport Science’ founder, host John Brenkus dies at 54 – USA Today

Remembering John Brenkus: The Visionary Behind ‘Sport Science’ Passes Away at 54

June 3, 2025
Champion for Science Education Begins Term as 2025–2026 President of the National Science Teaching Association – FinancialContent

New Era for Science Education: Meet the 2025–2026 President of the National Science Teaching Association!

June 3, 2025
What is the 6-6-6 walking workout that’s going viral? Know its health benefits – financialexpress.com

Discover the Viral 6-6-6 Walking Workout: Unlock Its Amazing Health Benefits!

June 3, 2025

Rediscovered After 185 Years: Meet the Adorable Asian Small-Clawed Otter, the World’s Tiniest Otter Species!

June 3, 2025
USD/JPY climbs a full cent as the US economy keeps on rolling – TradingView

USD/JPY Soars as US Economic Momentum Continues!

June 3, 2025
Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

Entertainment Partners Acquires CASHét, Digital Payments Vendor for Productions – Variety

June 3, 2025
Entry list: Henry Ford Health 200 at Michigan International Speedway – arcaracing.com

Get Ready for the Henry Ford Health 200: Exciting Entry List Revealed for Michigan International Speedway!

June 3, 2025
Inside Iowa Politics: The men who have disappeared from the workforce – KTIV

Inside Iowa Politics: The men who have disappeared from the workforce – KTIV

June 3, 2025
Gayatri Narayan joins Builders FirstSource as President, Technology and Digital Solutions – Woodworking Network

Gayatri Narayan Takes the Helm as President of Technology and Digital Solutions at Builders FirstSource!

June 3, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (663)
  • Economy (677)
  • Entertainment (21,583)
  • General (15,259)
  • Health (9,720)
  • Lifestyle (680)
  • News (22,149)
  • People (678)
  • Politics (686)
  • Science (15,898)
  • Sports (21,182)
  • Technology (15,663)
  • World (665)

Recent News

From Eggs To Fingerlings, Wyoming Students Dive Into The World Of Fish Conservation – KGAB

From Eggs to Fingerlings: Wyoming Students Make Waves in Fish Conservation!

June 3, 2025
‘Sport Science’ founder, host John Brenkus dies at 54 – USA Today

Remembering John Brenkus: The Visionary Behind ‘Sport Science’ Passes Away at 54

June 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version