Saudi Arabia’s e-invoices soar to 8.2bn in 2025, marking 64% surge

ZATCA explained that the number of electronic services provided to its clients and taxpayers during the past year exceeded 196, achieving a satisfaction rate of 91 percent. Shutterstock.
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Updated 07 January 2026
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Saudi Arabia’s e-invoices soar to 8.2bn in 2025, marking 64% surge

DAMMAM: Saudi Arabia has recorded a leap in the implementation of the electronic invoicing system, with the number of electronic invoices exchanged via the “Fatoorah” platform exceeding 8.2 billion during 2025, achieving a growth rate of 64 percent, as explained by the Zakat, Tax and Customs Authority to Al-Eqtisadiah newspaper.

This remarkable increase comes within the integration and linking phase of the electronic invoicing system, an indicator that reflects the accelerated progress achieved by the authority in the digital transformation path, and its role in enhancing tax compliance and raising the efficiency of financial and commercial transactions.

The authority clarified that the number of electronic invoices shared with the “Fatoorah” platform during 2024 exceeded 5 billion, compared to about 3.1 billion invoices in 2023, reflecting gradual growth in the adoption of digital solutions and compliance with regulatory requirements.

ZATCA explained that the number of electronic services provided to its clients and taxpayers during the past year exceeded 196, achieving a satisfaction rate of 91 percent, which reflects the accelerated development in the authority’s digital infrastructure and its ability to provide integrated services that enable taxpayers to complete their transactions with high efficiency and in record time.

The expansion of digital platforms and system updates contributed to raising the level of compliance and improving service quality, alongside enhancing integration with other government entities, which strengthened the reliability of the zakat, tax, and customs system in Saudi Arabia, according to the authority.

The past year witnessed a noticeable expansion in developing procedures aimed at accelerating the flow of incoming and outgoing goods through various customs ports, most notably the launch of the updated version of the Saudi Authorized Economic Operator program with the participation of 14 government entities. The number of establishments registered in the program reached 753.

The initiative provides a package of benefits that contribute to enhancing supply chains, raising the efficiency of logistical operations, and providing customs services according to the highest standards.

The authority pointed out that the achievements made during the past year in the fields of zakat, tax, and customs work, supported by digital developments and qualitative operational initiatives, enhanced ZATCA’s role in supporting the national economy, and contributed to consolidating Saudi Arabia’s position as a global logistical center for trade and logistics services, in alignment with the objectives of Vision 2030.

Two phases for implementing electronic invoicing

It is worth noting that the application of electronic invoicing began in two phases. The first phase, “Issuance and Storage,” launched in December 2021 and included all those subject to the Electronic Invoicing Regulation. 

The second phase, “Integration and Linking,” began in January 2023 and includes additional requirements, most notably linking taxpayers’ invoicing systems with the “Fatoorah” platform and issuing invoices in an approved electronic format. The number of targeted establishment groups in this phase reached 15.

The application of electronic invoicing aims to convert the issuance of paper invoices and notes into an integrated digital system that allows the exchange and electronic processing of debit and credit invoices between seller and buyer with high efficiency and reliability.


Stc Group issues US dollar-denominated sukuk with a total value of $2bn

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Stc Group issues US dollar-denominated sukuk with a total value of $2bn

RIYADH: Stc Group has issued US dollar-denominated sukuk with a total value of $2 billion across two tranches.

The group clarified that the issuance included the offering of $750 million in sukuk with a 5-year maturity at a yield of US Treasury plus 75 basis points, and an issuance of $1.250 billion with a 10-year maturity at a yield of UST plus 90 basis points, according to the Saudi Press Agency.

It noted that the total order book exceeded $8 billion across both tranches, with a coverage rate exceeding 4 times, and participation from over 300 investors in the subscription.

The issuance garnered strong demand from a broad and diverse base of international investors, reflecting solid confidence in the robustness and efficiency of stc Group’s business model and strategy. 

This strategy is aimed at strengthening its digital leadership, seizing infrastructure opportunities, enabling massive projects, and contributing to the realization of Vision 2030 objectives, with a focus on achieving sustainable growth based on operational efficiency and maximizing shareholder value.

This issuance enhances stc Group’s access to international capital markets and solidifies investor confidence in the strength of its credit position. 

It also supports its strategic role in accelerating the pace of digital transformation in the Kingdom and building a thriving digital economy.