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Saudi Gazette
4 days ago
- Business
- Saudi Gazette
SAMA: Over 228 million POS transactions worth SR13.6 billion recorded in a week
Saudi Gazette report RIYADH — The number of point-of-sale (POS) transactions in Saudi Arabia during the period from August 3 to 9 reached 228,521,000 with a total value of SR13,680,152,000, compared to SR15,606,245,000 in the previous week. It was revealed in the weekly bulletin released by the Saudi Central Bank (SAMA) on points of sale. According to the bulletin, the number of transactions in the transportation sector accounted for 5,819,000 with a value of SR1,037,310,000. The transactions in the health sector amounted to 9,862,000 with a value of SR881,566,000 while in restaurants and cafes sector there were 56,962,000 transactions with a value of SR1,752,504,000, and in baked goods and sweets sector, there were 4,928,000 transactions with a value of SR221,732,000. In hotel sector, there were 989,000 transactions with a value of SR349,972,000, while in food and beverages sector, there were 51,976,000 transactions with a value of SR1,927,744,000, and in clothing and accessories sector, there were 8,378,000 transactions with a value of SR998,901,000, and in culture and entertainment sector, there were 3,663,000 transactions worth SR345,581,000. The number of transactions in professional and commercial services reached 15,083,000 with a value of SR1,035,612,000, while in electronic and electrical appliances, there were 1,641,000 transactions with a value of SR174,837,000, and in furniture and household supplies, there were 2,608,000 transactions with a value of SR489,296,000. In building and construction materials sector, there were 2,447,000 transactions, with a value of SR409,450,000 while in jewelry sector, there were 293,000 transactions, with a value of SR315,067,000, and in communications sector, there were 3,458,000 transactions with a value of SR149,926,000. In education sector, there were 161,000 transactions with a value of SR251,786,000. The public benefits and services sector recorded 700,000 transactions worth SR47,374,000, while in fuel stations, there were 17,226,000 transactions worth SR993,775,000. In laundry services there were 2,914,000 transactions worth SR52,588,000, while the number of other transactions amounted to 39,414,000 worth SR2,245,133,000. At the level of the Kingdom's cities, the number of weekly point-of-sale transactions in Riyadh reached 71,884,000 with a value of SR4,582,144,000, and the number of POS transactions in Makkah reached 9,270,000 with a value of SR578,049,000, while the number of POS transactions in Madinah reached SR9,197,000 with a value of SR545,698,000. The number of POS transactions in Tabuk reached 4,488,000 with a value of SR234,223,000; the number of POS transactions in Hail reached 3,985,000 with a value of SR213,074,000; the number of POS transactions in Abha reached 5,130,000 with a value of SR285,038,000, and the number of POS transactions in Buraidah reached 4,982,000 with a value of SR320,796,000. The number of point of sale transactions in Al-Khobar reached 4,399,000 with a value of SR362,230,000, and the number of POS transactions in Dammam reached 8,579,000 with a value of SR634,676,000. The number of point of sale transactions in Jeddah reached 26,498,000 with a value of SR19,089,220, and the number of POS transactions in other cities reached 20,990,000 with a value of SR878,067,000, the SAMA report pointed out.


Saudi Gazette
11-07-2025
- Business
- Saudi Gazette
Riyadh begins property acquisition for major road development projects
Saudi Gazette report RIYADH — The Royal Commission for Riyadh City (RCRC) has officially launched the process of acquiring properties that conflict with the planned routes of major road development projects in the Saudi capital. The initiative is part of the second phase of the city's Road Corridors Development Program, aimed at addressing the needs of Riyadh's fast-growing population by improving connectivity and transportation infrastructure across the capital. The targeted properties are located along several key development sites, including the Thamaniyah Road, the Second Eastern Ring Road, Prince Mishaal Bin Abdulaziz Road, two parallel bridges to the existing Suspension Bridge, and areas linked to the planned upgrade of the Western Ring Road and Jeddah Road intersection. Property owners affected by the expropriation have been asked to submit the required documents electronically or visit the Roads Implementation Office on Abdulrahman bin Hassan Al-Qusaibi Street, off Abi Bakr Al-Siddiq Road in King Salman District. The second phase of the program includes eight road development projects with a total investment exceeding SR8 billion. These projects are part of a broader transport infrastructure upgrade plan launched by Crown Prince and Prime Minister Mohammed bin Salman, who also chairs the RCRC. The program aims to improve inter-district connectivity, raise traffic efficiency, reduce travel times, and accommodate transit flows, while facilitating access to Riyadh's mega projects currently under construction. The first phase of the program, launched on August 14, 2024, comprised four major projects at a total cost of SR13 billion. Additional phases will be announced in the coming months.


Saudi Gazette
27-03-2025
- Business
- Saudi Gazette
Traffic diverted near KAFD as Riyadh pushes ahead with major road upgrades
Saudi Gazette report RIYADH — The Royal Commission for Riyadh City (RCRC) announced on Tuesday the implementation of traffic diversions on the Northern Ring Road and Al-Takhassusi Street as part of a major infrastructure project to develop the road network surrounding the King Abdullah Financial District (KAFD). The KAFD project is a central component of the broader Riyadh Ring Road and Main Roads Development Program, which aims to improve transportation flow and accessibility across the capital. The RCRC confirmed that this initiative is one of eight strategic developments currently underway in the second phase of the program, with a total investment exceeding SR8 billion. The ongoing work near KAFD involves the construction of three new intersections and 19 bridges over a 20-kilometer stretch. These enhancements are designed to ease access to the financial district, which plays a pivotal role in Riyadh's urban and economic transformation. The Royal Commission is working in close coordination with relevant authorities to manage the diversions and maintain smooth traffic flow throughout the construction period. The second phase is expected to be completed within approximately three years. The first phase of the road network development program, which began in August 2024, included four major projects with a combined cost of SR13 billion.


Zawya
20-02-2025
- Business
- Zawya
Ministry of Haj introduces 4 main packages for domestic pilgrims
MAKKAH — The Ministry of Hajj and Umrah has introduced four main packages for domestic pilgrims, including citizens and expatriates, for the Hajj season of 2025. These packages are designed to cater to diverse budgets and preferences of the pilgrims, who can review and select from these packages according to their needs. The ministry published salient features of these packagers through its Nusuk electronic application. First package includes camps that have been developed in Mina to provide high-end services with a comfortable level of facilities and shared accommodation for the pilgrims. The prices of these camps start from SR10,366, excluding the cost of transportation. Second package is hospitality camps in Mina with shared accommodation, and their prices start from SR8,092 excluding the cost of transportation while the third package is accommodation in one of the six towers, which are distinguished by their location near the Jamarat Bridge and shared accommodation, and their prices start from SR13,150, excluding the cost of transportation. Fourth package is the Kidana Al-Wadi Towers, which are modern towers equipped with advanced facilities and personal services, with the provision of meals and shared accommodation options, and their prices start from SR12,537 excluding the cost of transportation © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (


Gulf Insider
20-02-2025
- Gulf Insider
Ministry Of Hajj Introduces 4 Main Packages For Domestic Pilgrims
The Ministry of Hajj and Umrah has introduced four main packages for domestic pilgrims, including citizens and expatriates, for the Hajj season of 2025. These packages are designed to cater to diverse budgets and preferences of the pilgrims, who can review and select from these packages according to their needs. The ministry published salient features of these packagers through its Nusuk electronic application. First package includes camps that have been developed in Mina to provide high-end services with a comfortable level of facilities and shared accommodation for the pilgrims. The prices of these camps start from SR10,366, excluding the cost of transportation. Second package is hospitality camps in Mina with shared accommodation, and their prices start from SR8,092 excluding the cost of transportation while the third package is accommodation in one of the six towers, which are distinguished by their location near the Jamarat Bridge and shared accommodation, and their prices start from SR13,150, excluding the cost of transportation. Fourth package is the Kidana Al-Wadi Towers, which are modern towers equipped with advanced facilities and personal services, with the provision of meals and shared accommodation options, and their prices start from SR12,537 excluding the cost of transportation