saudi vision 2030 News

Saudi Arabia Reopens VAT Registration for Chinese Firms

The reopening of Saudi VAT registration offers new opportunities for Chinese companies entering the Saudi market. This article analyzes the necessity of VAT registration, details the required documents, and emphasizes the importance of compliant operation. From a data-driven perspective, it highlights that VAT registration is a prerequisite for sustainable growth in the Saudi market. Proper VAT compliance ensures smooth operations and avoids potential penalties, allowing businesses to focus on expanding their market share and building long-term relationships with Saudi customers.

02/03/2026 Customs Knowledge

Saudi Arabia Boosts Customs Efficiency with Wcobacked AEO Program

A World Customs Organization (WCO) expert team recently visited Saudi Arabia to provide AEO system capacity building training to the Saudi ZATCA. The training focused on key elements such as the SAFE Framework of Standards, risk management, and Mutual Recognition Agreements (MRAs). This initiative aims to assist Saudi Customs in optimizing AEO implementation, enhancing trade facilitation, and promoting economic diversification. By strengthening its AEO program, Saudi Arabia can improve efficiency, security, and predictability in its customs procedures, ultimately contributing to a more competitive and attractive business environment.

01/26/2026 Customs Knowledge

Johnson Johnson Vision Adopts Smart Manufacturing for Eye Care

Johnson & Johnson Vision Care is reshaping its eye health supply chain by introducing automation to address market changes and challenges. The company utilizes innovative technologies like Goods-to-Person picking systems to optimize inventory management and improve order processing efficiency. By implementing these solutions, Johnson & Johnson Vision aims to meet the increasing demands of its customers and solidify its leading position in the eye health field. This commitment to continuous innovation ensures a more responsive and efficient supply chain.

01/29/2026 Warehousing

Riyad Bank SWIFT Codes Guide for Saudi Arabia

This article provides an easy method to find Riyad Bank branch locations and their corresponding SWIFT codes, ensuring safe and accurate international remittances. It also explains how to use the SWIFT code of the global headquarters for making transfers.

09/04/2025 International Settlement

Riyad Bank SWIFT Code Guide for Saudi Remittances

This article discusses the importance of RIYAD BANK's SWIFT/BIC code RIBLSARIXXX in international remittances, highlighting the necessity of accurate information to ensure the smooth transfer of funds. It also provides basic information about the bank and remittance suggestions.

09/04/2025 International Settlement

Saudi National Banks SWIFTBIC Code Key Details Explained

This article delves into the SWIFT/BIC code NCBKSAJE615 of THE SAUDI NATIONAL BANK, emphasizing the importance of accurately identifying this code and discussing how to avoid potential issues in international remittances. It is recommended to use Xe for remittance to ensure safety and efficiency.