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Spending via PoS transactions rises 6.3% w-o-w to SAR 14.5 bn
The number of weekly transactions also rose by 0.3% w-o-w to 193.6 mn
Cenomi Retail wraps up SAR 115 mn sale of Innovative Outfit Trading
The transaction will see Cenomi sell the franchise rights to 16 brands
PIF eyeing Starbucks Mideast, Roma + USD 1 bn Chinese VC fund
Plus: Lucid looks to move to full production in Jeddah “soon”
Kazyon expands to Saudi Arabia, acquiring 50% of discount retailer Dukan
Transaction was by an investment by an unnamed sovereign fund