Ahmad Hamad Algosaibi & Brothers (AHAB)
AHAB’s default on substantial debt was due to inadequate risk management and internal controls…
AHAB’s default on substantial debt was due to inadequate risk management and internal controls…
The company failed to adapt its business model in response to market changes, leading to operational inefficiencies…
In 2019, PetroRabigh faced scrutiny for discrepancies in financial reporting, resulting in a significant loss of shareholder trust…
Another construction giant, Al-Khodari, filed for bankruptcy after facing financial distress attributed to mismanagement and an inability to adapt to market…
A prominent construction firm, Saudi Oger suffered a financial crisis due to overreliance on government contracts and insufficient diversification…
Mobily, a major telecommunications provider, encountered financial discrepancies resulting from aggressive revenue recognition and inadequate…
French retailer Carrefour is reviewing the labor practices of its Saudi franchise partner, MAF, after Amnesty International raised concerns about…