Trading · Saudi Arabia
You buy and sell the same goods, often against a specific back-to-back position, and the difference between a good and a bad deal is a few percent decided at the moment of commitment.
What usually goes wrong
What matters here
Purchase and sale linked on the same thread so the margin on a position is one number, current, at any moment.
Transaction, company and reporting currency held separately, with revaluation and realised gains posted properly.
Total position with a party across purchases, sales, advances and receivables, on one screen.
The paperwork a shipment needs, tracked as workflow states with owners, rather than as attachments in an inbox.
Operating in Saudi Arabia
Currency
Saudi riyal (SAR)
Timezone
AST (UTC+3)
Tax and invoicing
VAT is configured to your registration during onboarding, with invoice numbering and rates set to match ZATCA's requirements.
Elsewhere
Other sectors in Saudi Arabia
Or read the full Trading overview.
