Startup of the Week: Firnas Aero; Advancing toward modern technology, one drone at a time

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Updated 29 June 2021
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Startup of the Week: Firnas Aero; Advancing toward modern technology, one drone at a time

JEDDAH: Firnas Aero is a startup business investing in drone technology — and the brain behind it is 39-year-old Saudi entrepreneur Tariq Nasraldeen.

The company provides services in three different core areas. The first is surveillance, where instead of patrolling a site with a car, Firnas Aero offers drones as an alternative. “We can have a drone station fixed in a location and it will automatically fly according to the client’s needs and will give a live feed.”

The second service offered is inspection, which is like surveillance but where the drones do image analytics, which identifies potential problems and generates a report, saving the client from searching through thousands of images.

“The third application is something we have been exploring recently — delivery. For now, deliveries need some form of infrastructure. We are hoping that in the coming three years it will be more common,” the CEO told Arab News.

The business started in January 2020 but Nasraldeen’s inspiration for the company began years before when he was working as a commercial pilot with an enthusiastic interest in aviation. “My background is in all things man-made that can fly,” he said. While working at Jeddah airport in 2016 he frequently observed the cargo inspectors as they manually looked over objects across a vast area. “I thought it would be much easier to locate the objects using a drone instead of wandering aimlessly, so this was the main inspiration. When we started, we were just going to focus on airports, but that was too narrow, so we started to expand to other places like factories and industries,” he said.

The company faced some early challenges as there was no clear legislation or approval process yet regarding drones. Finding local talent was also a struggle initially. “At that time it was just seen as a toy that can fly and take cool pictures, so finding someone who can see the limitless things we can do with drones was a challenge,” he said. Nasraldeen would like to launch his own manufacturing facility by the end of the year, instead of importing drones into the country.


Saudi POS spending jumps 28% in final week of Jan: SAMA

Updated 06 February 2026
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Saudi POS spending jumps 28% in final week of Jan: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending climbed sharply in the final week of January, rising nearly 28 percent from the previous week as consumer outlays increased across almost all sectors. 

POS transactions reached SR16 billion ($4.27 billion) in the week ending Jan. 31, up 27.8 percent week on week, according to the Saudi Central Bank. Transaction volumes rose 16.5 percent to 248.8 million, reflecting stronger retail and service activity. 

Spending on jewelry saw the biggest uptick at 55.5 percent to SR613.69 million, followed by laundry services which saw a 44.4 percent increase to SR62.83 million. 

Expenditure on personal care rose 29.1 percent, while outlays on books and stationery increased 5.1 percent. Hotel spending climbed 7.4 percent to SR377.1 million. 

Further gains were recorded across other categories. Spending in pharmacies and medical supplies rose 33.4 percent to SR259.19 million, while medical services increased 13.7 percent to SR515.44 million. 

Food and beverage spending surged 38.6 percent to SR2.6 billion, accounting for the largest share of total POS value. Restaurants and cafes followed with a 20.4 percent increase to SR1.81 billion. Apparel and clothing spending rose 35.4 percent to SR1.33 billion, representing the third-largest share during the week. 

The Kingdom’s key urban centers mirrored the national surge. Riyadh, which accounted for the largest share of total POS spending, saw a 22 percent rise to SR5.44 billion from SR4.46 billion the previous week. The number of transactions in the capital reached 78.6 million, up 13.8 percent week on week. 

In Jeddah, transaction values increased 23.7 percent to SR2.16 billion, while Dammam reported a 22.2 percent rise to SR783.06 million. 

POS data, tracked weekly by SAMA, provides an indicator of consumer spending trends and the ongoing growth of digital payments in Saudi Arabia.  

The data also highlights the expanding reach of POS infrastructure, extending beyond major retail hubs to smaller cities and service sectors, supporting broader digital inclusion initiatives.  

The growth of digital payment technologies aligns with Saudi Arabia’s Vision 2030 objectives, promoting electronic transactions and contributing to the Kingdom’s broader digital economy.