Saudi Central Bank (SAMA)

Saudi e-commerce sales via Mada cards jump 57% in April to reach $6.2bn 

Saudi e-commerce sales via Mada cards jump 57% in April to reach $6.2bn 

  • Online transactions through Mada exceeded 132 million for the month
  • Total value of POS purchases at physical retail outlets slipped to SR52.22 billion
By Dayan Abou Tine ·

Saudi money supply up 9% to hit $791bn in January

Saudi money supply up 9% to hit $791bn in January

By Dayan Abou Tine  ·