Saudi Civil Defence in Jeddah put out a large fire in Al Sawarikh market on Sunday, the second incident in two weeks.
The fire began at around 11am local time.
No one was injured in the blaze and "the cooling work is still going on," the service said.
The cause of the fire is not clear yet, authorities said.
"The fire was put out immediately by the civil defence," Ammar Ijaz, a Pakistani driver who saw the fire told The National.
The Saudi Civil Defence Authority attended another fire at Al Sawarikh market on May 12.
No injuries were reported. “Preventive measures were implemented,” the Saudi Civil Defence said.
Al Sawarikh market is hugely popular among residents and tourists, especially during the Hajj and Umrah season.
"You get cheap deals and great bargains, so people like to visit a lot, at one point Jeddah didn't have many malls it was all about souqs and Sawarikh, which is more popularly known as Harraj, is one of the city's most prominent landmarks," says Ameera Khalid, a Saudi national who lives close to the market.
"People were panicking, my brother went to see what happened and we were watching the fire on our phones. Thank God no one was injured. Many shops were destroyed, including the billboards. I hope they can find out what happened to find a solution to the fire and safety of the people," said Ms Khalid.
Al Sawarikh market was built over 35 years ago and hosts more than 100 shops selling clothing, electrical appliances, foodstuffs and furnishing supplies, with hundreds of vendors selling goods outdoors, even on pavements.
Many vendors also come to sell iron, scrap supplies and used tools.
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The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
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• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
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