Saudi Arabia tops global chart in click-and-mortar shopping

Saudi merchants offer an average of 28 digital shopping features out of the 34 identified in the study.
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Updated 20 October 2024
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Saudi Arabia tops global chart in click-and-mortar shopping

Saudi Arabia has emerged as the global leader in click-and-mortar shopping, with more than 55 percent of consumers favoring this hybrid shopping method — well above the global average of 39 percent, according to a recent study by PYMNTS Intelligence and Visa Acceptance Solutions. The “2024 Global Digital Shopping Index: KSA Edition” highlights that Saudi Arabia’s millennial shoppers are driving this trend, with nearly six in 10 reporting they have most recently shopped using a click-and-mortar approach. The study, conducted between September and December 2023, surveyed 1,392 consumers and 414 merchants in Saudi Arabia, offering a comparative insight from a broader survey of 13,904 consumers and 3,512 merchants across seven countries, including Brazil, India, the UAE, Mexico, the US, and the UK.

The study highlights emerging trends in consumer behavior, documenting the rise of click-and-mortar shopping experiences, where digital tools seamlessly integrate with physical locations. This hybrid approach is replacing the traditional divide between online-only and in-store-only shopping.

In Saudi Arabia, the demand for an enhanced click-and-mortar experience is strong. Saudi merchants offer an average of 28 digital shopping features out of the 34 identified in the study — ranking higher in this metric than merchants in any of the other six countries surveyed.


Saudi Awwal Bank becomes first Middle East bank to earn 7-star CinOrg innovation accreditation

Saeed Assiri, chief innovation banking officer at SAB
Updated 05 March 2026
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Saudi Awwal Bank becomes first Middle East bank to earn 7-star CinOrg innovation accreditation

Saudi Awwal Bank has become the first bank in the Middle East to receive a 7‑star Certified Innovative Organization rating from the Global Innovation Institute, the highest recognition awarded by the institute.

The accreditation marks a significant step in SAB’s innovation strategy and follows an innovation maturity assessment conducted by the institute in December 2025. The review, which built on an earlier assessment in December 2023, raised the bank’s maturity level from “Champion” to “Leader.” The new rating reflects SAB’s institutionalized approach to innovation, its enterprise-wide impact and its ability to consistently deliver measurable results.

With the 7‑star rating, SAB becomes the first bank in the region to reach the highest innovation maturity level, strengthening its position as a regional reference point for innovation-led and future-ready banking.

In 2025, the bank opened its flagship Innovation Centre and secured six internationally recognized innovation awards, along with a lab accreditation. The centre has supported SAB’s efforts to accelerate the adoption of advanced technologies, encourage cross-functional collaboration and reinforce its standing as a regional leader in financial innovation.

Saeed Assiri, chief innovation banking officer at SAB, said the recognition reflects years of focused work to build a sustainable innovation ecosystem.

“By investing in SAB’s culture, governance and talent, innovation enables the bank to remain future-ready,” he said. “This milestone reinforces our role in accelerating financial innovation in Saudi Arabia and delivering long-term value for our customers.”

The certification adds to SAB’s broader efforts to strengthen its innovation capabilities as the Kingdom’s banking sector continues to evolve.