MENA Market Insights

Saudi E-commerce Demand Is Large. Your Store Still Has to Convert.

Small cardboard boxes printed with shopping carts stacked on a Saudi flag.

Mohamad Haidar

Founder of Byblos Horizon

Published October 5, 2026 · 3 min read

On 1 October 2026, Arab News reported, citing the Saudi Central Bank’s (SAMA) August bulletin, that Mada e-commerce spending reached SAR36.95 billion across 196.9 million transactions in August. For merchants in Saudi Arabia, and businesses in Lebanon or the UAE considering it, the figure shows scale. It does not forecast any single store’s sales.

A big market can attract you. It cannot fix your checkout.

What do the reported Mada figures actually measure?

The figures come from Arab News reporting on SAMA’s August bulletin; I have not independently retrieved the bulletin itself. They describe August activity through Mada, Saudi Arabia’s national payment network. They are not October sales and do not measure the entire Saudi e-commerce market, since other payment methods are not included.

Is Saudi market demand enough to plan an expansion?

When people discuss expansion, the conversation often starts with population, purchasing power and market size. Those are useful considerations. They still leave the merchant with more specific questions.

Does the product have demand at the proposed price? Is the delivery offer competitive? Can the business handle returns? Does enough margin remain after acquiring and serving the customer? A national spending figure cannot answer those questions for an individual store.

For a Lebanese business considering Saudi Arabia, I would use the Mada data as a reason to investigate properly. I would not use it as a sales forecast.

What should a store check after the click?

Before increasing advertising spend, inspect the buying journey. Which payment methods are offered? Where do payment attempts fail? Are shipping charges and delivery timelines clear? Does the mobile experience help customers complete the purchase?

Where reporting allows it, separate customers abandoning checkout from transactions failing during payment. Those are different problems and may require different responses.

Then connect the findings to completed orders, acquisition costs and the margin left after fulfillment.

Saudi Arabia deserves serious attention from e-commerce businesses. Entering it successfully still requires a clear offer, dependable operations and a buying experience that works. The size of the opportunity should encourage better preparation.

Source

Arab News: 8 things SAMA’s latest report reveals about a changing Saudi Arabia

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