Saudi Arabia approves new consumer protection law

The Saudi Arabian Council of Ministers, chaired by Crown Prince Mohammed bin Salman, has approved a new consumer protection law. The regulation aims to modernize the Kingdom’s legislative environment in alignment with Vision 2030 by regulating commercial relationships between consumers and suppliers, ensuring market transparency, and preventing monopolistic or unfair trade practices.

In addition to domestic legislation, the Council reviewed diplomatic discussions between the Crown Prince and leaders from Bahrain, Syria, Sierra Leone, Canada, and Greece. The Council reaffirmed Saudi Arabia’s support for regional and international stability, emphasizing the need to combat terrorism and calling for an immediate end to actions threatening maritime security in the Red Sea, Bab el-Mandeb, and the Strait of Hormuz.

On regional integration, the Council noted the signing of a general agreement to connect Gulf Cooperation Council (GCC) countries via a railway project. The Council also highlighted efforts to improve Hajj services through technological integration and expanded international partnerships.