WeRide Targets Up to 10,000 Robotaxis in Saudi Arabia by 2030
Guangzhou-based autonomous driving company WeRide plans to scale its Saudi robotaxi fleet to between 7,000 and 10,000 vehicles by the end of the decade.
Saudi Arabia set to launch Fashion District in Riyadh
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.
Saudi Arabia Introduces Financial Oversight Law: Key Changes and Business Implications
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
Saudi Arabia introduces new tiered tax system on sweetened beverages
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.