RIYADH: Saudi Arabia’s point-of-sale transactions registered a weekly increase of 36.6 percent between Oct. 27 and Nov. 2, with the education sector leading the growth.

The Saudi Central Bank, also known as SAMA, recorded SR15.1 billion ($4.03 billion) in transactions over the seven-day period, with the education industry posting the highest sectoral increase at 79.3 percent to reach SR177.6 million.

This surge coincides with the start of the second semester on Nov. 17, similar to what was seen before the school year began in August.

SAMA figures showed that the clothing and footwear sector saw the second-largest rise, with a 63.7 percent jump to SR1.07 billion, reflecting a consistent trend in consumer spending during key academic periods.

This growth mirrored a similar pattern observed earlier in August this year, indicating a recurring trend in consumer spending within these two sectors.

Spending on telecommunication recorded the third largest surge, with a 51.9 percent positive change, reaching SR157.1 million. 

Expenditure on food and beverages followed with an uptick of 48.1 percent, reaching SR2.5 billion, claiming the biggest share of this week’s POS transaction value.

Recreation and culture followed with a 40.9 percent surge, reaching SR296 million.

Restaurants and cafes accounted for the second-largest POS transaction value, with SR2.1 billion. Miscellaneous goods and services followed at SR1.8 billion.

Spending in the leading three categories accounted for 42.8 percent or SR6.4 billion of the week’s total value.

At 11.8 percent, the smallest increase occurred in hotel spending, boosting total payments to SR328.4 million. Expenditures on construction and building materials came second, surging 19.1 percent to SR386 million. 

Geographically, Riyadh dominated POS transactions, representing 33.7 percent of the total, with expenses in the capital reaching SR5.11 billion — a 28.1 percent increase from the previous week. 

Jeddah followed with a 27.7 percent surge to SR1.93 billion, and Dammam came in third at SR745.7 million, up 28.8 percent.

Hail experienced the most significant rise in spending, increasing 65.1 percent to SR280.1 million. Tabouk and Abha followed, with expenditure surging 55.9 percent and 43 percent to SR324.8 million and SR187.4 million, respectively.

Regarding the number of transactions, Hail recorded the highest increase at 34 percent, reaching 4,427, followed by Tabouk with a 28.7 percent increase, achieving 5,312 transactions.

JERUSALEM: Thousands of Israelis protested against Prime Minister Benjamin Netanyahu’s dismissal of his defense minister, demanding the government do everything in its power to bring home hostages held in Gaza.
The demonstration erupted soon after Netanyahu’s office announced the sacking of Yoav Gallant on Tuesday following public differences over the war with Hamas.
The removal of Gallant — a hawk on the war Hezbollah in Lebanon who also pushed for a ceasefire and hostage release deal in Gaza — coincided with the presidential election in the United States, Israel’s top military backer.
Netanyahu and Gallant have frequently clashed over Israel’s retaliatory military offensive against Hamas following the Palestinian militant group’s deadly attack on Israel on October 7 last year.
“Over the past few months... trust has eroded. In light of this, I decided today to end the term of the defense minister,” Netanyahu’s office said, adding that foreign minister Israel Katz would take his place.
Shortly afterwards, thousands of people took to the streets of commercial hub Tel Aviv, chanting slogans against Netanyahu and demanding the return of 97 hostages held in Gaza.
Protesters blocked traffic and lit fires, with some wearing “Bring them home now!” T-shirts referring to the hostages.
They held up signs with slogans such as “We deserve better leaders” and “Leaving no one behind!,” and one protester wore handcuffs and a face mask with Netanyahu’s likeness.
The reshuffle’s timing comes at a critical juncture in the Gaza and Lebanon wars, with both Hamas in Gaza and Hezbollah in Lebanon massively weakened.
Jonathan Rynhold of the political studies department at Bar-Ilan University said Netanyahu was feeling “emboldened because he is improving in the polls.”
“He is also taking advantage of the fact that the US election is happening today... everyone’s focus is elsewhere,” he told AFP.
After his appointment, Katz vowed “victory over our enemies and to achieve the goals of the war,” including “the destruction of Hamas in Gaza, the defeat of Hezbollah in Lebanon” and the return of hostages.
Gideon Saar, a minister without portfolio, was appointed to replace Katz as foreign minister.
After being fired, Gallant posted on X that Israel’s security would remain his life’s “mission.”
He called on the government to bring home the hostages in Gaza while they were “still alive” and insisted all Israelis of draft age must serve in the military — a key issue that he and Netanyahu had disagreed on.
The sacked minister had been a key advocate for ultra-Orthodox Jews to be called up, but Netanyahu wanted their exemption to continue, fearing their conscription could break up his far-right coalition government.
Hamas’s October 7 attack on Israel resulted in the deaths of 1,206 people, mostly civilians, according to an AFP tally of Israeli official figures.
Israel’s retaliatory campaign has killed 43,391 people in Gaza, a majority of them civilians, according to Gaza health ministry figures which the United Nations considers to be reliable.
Hamas also seized 251 hostages in their attack, of whom Israel believes 63 people including two children are still alive in Gaza.
After Gallant’s dismissal, the Hostages and Missing Families Forum campaign group urged Katz “to prioritize a hostage deal... to secure the immediate release of all hostages.”
Hamas spokesman Sami Abu Zuhri welcomed the sacking of Gallant, who especially in the early months of the war was seen as a key architect of the fight against the militant group.
“Netanyahu dismissed Minister of Defense Yoav Gallant, who was bragging that he would eliminate Hamas. Today, we say to them that Gallant is gone, but Hamas remains, and will remain, God willing,” Abu Zuhri said.


Aviv Bushinsky, a political commentator and former Netanyahu chief of staff, said Gallant’s dismissal was just “a matter of time.”
“I cannot recall an incident when Israel Katz was in opposition to Netanyahu,” he said.
“Besides, Netanyahu thinks he can run the show himself.”
Meanwhile, on the ground, the wars in Gaza and Lebanon showed no sign of abating.
Authorities in Lebanon reported raids across the country, and the toll from a strike on Tuesday in the town of Barja, south of Beirut, rose to 20.
Hezbollah on Tuesday claimed it had fired rockets and drones into northern Israel, and also targeted Israeli troops near the border inside Lebanon.
Tuesday’s fighting came more than a month into the Hezbollah-Israel war which has left at least 1,990 dead in Lebanon since September 23, according to an AFP tally of health ministry figures.
Palestinians in Gaza told AFP that whoever wins the US presidential election must end the conflict in the territory.
“We are hanging by a thread, and like every other people in the world, we are looking for someone who can stop the war,” said Ayman Al-Omreiti, 45, in Gaza City.