Saudi Arabia and the world
Monday, Jan 24, 2022
The World in the Heart of the Kingdom
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Saudi Arabia’s PoS transactions edged up 2% in November
The total number of transactions remained virtually unchanged at 495.1mln
The value of transactions made through terminals at points of sale rose 2 percent to SR41.3 billion ($11.0 billion) in November, according to the Saudi Central Bank.
The total number of transactions remained virtually unchanged at 495.1 million.
The value of transactions made with the use of cards little changed when compared with the previous month, at SR25.8 billion.
Those made using mobile phones grew by 7 percent to SR12.3 billion.
As for the number of transactions, those made with the use of cards fell 3 percent over the month to about 285 million, while mobile phone transactions grew by 6 percent to 189 million.
Year-on-year changes saw card transactions grow by 20 percent while mobile phone transactions surged 77 percent.
Arab League delays annual summit amid surge in COVID-19 cases
The first Arab summit since the pandemic began is being delayed again because of rising coronavirus cases across the world.
7 Kitchen Trends You’ll Soon Be Seeing Everywhere
Top designers and industry insiders share the secret recipe for standout kitchen design in 2022.
Qatar Airways and Airbus dispute explained in 500 words
Qatar Airways is seeking compensation of $618m plus $4m a day after grounding 21 A350s over safety concerns.
End of Covid pandemic ‘plausible,’ WHO claims
The Omicron variant is leading to a “period of quiet” and a possible end to the pandemic in Europe, health officials say
Saudi Eastern Province closes $40m deal to improve its public transport network
Riyadh-based Saudi Public Transport Co., also known as SAPTCO, has sealed a SR150 million ($40 million) deal for a public bus transport project in the Eastern Province’s Dammam ...
Pfizer CEO paints ‘ideal’ future of Covid vaccination
Albert Bourla hopes the idea of annual vaccinations will be far easier to sell to the public
Saudi and US forces train in weapons of mass destruction crisis management
The Saudi Armed Forces continued a joint exercise with US forces to train and plan for the management of crises resulting from weapons of mass destruction, the Kingdom’s defense...
Inflation is soaring. Should the Fed unleash 'shock and awe'?
The Bank of England has already started to raise interest rates to fight inflation. The Federal Reserve is likely to follow soon. But how aggressive will America's central bank be?
Saudi Arabia’s ambitious space program provides foretaste of exciting collaborations to come
The state-funded body has struck cooperation agreements with the European Space Agency, UK, France and Hungary
Video games that diagnose, monitor and treat depression developed by scientists
Software analyses the patient's voice, eye gaze and micro-expressions along behavioural measures including reaction times, memory and error rates.
Move to allow Premium Residency holders benefit from education and health services
The Premium Residency (Special Privilege Iqama) holders can enjoy soon the exclusive rights hitherto allowed only to Saudi citizens in the Kingdom’s health and education sectors.
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