Saudi Arabia is set to launch a new Fashion District in Riyadh, an initiative developed through a partnership between the Saudi Fashion Commission and Four Directions, a real‑estate development company. The project aims to foster growth in the regional fashion industry, strengthen the creative economy, and attract both local and international investment.

On December 12, 2025, Saudi Arabia introduced the Financial Oversight Law under Royal Decree No. (M/122), replacing the long‑standing Financial Representatives Law and introducing a modern, risk‑based framework for oversight of public funds

From January 1, 2026, Saudi Arabia is set to introduce a new tiered tax system on sweetened drinks. The revised methodology for calculating tax for sweetened beverages, which was approved by the GCC’s Financial and Economic Cooperation Council, is part of a wider effort in the region to promote public health and encourage lower sugar consumption.