Mirza Mahboob Baig

Saudi Arabia Case Studies

Ahmad Hamad Algosaibi & Brothers (AHAB)

AHAB's default on substantial debt was due to inadequate risk management and internal controls...

Saudi Arabian Airlines Technical Services Company

The company failed to adapt its business model in response to market changes, leading to operational inefficiencies...

PetroRabigh

In 2019, PetroRabigh faced scrutiny for discrepancies in financial reporting, resulting in a significant loss of shareholder trust...

Al-Khodari

Another construction giant, Al-Khodari, filed for bankruptcy after facing financial distress attributed to mismanagement and an inability to adapt to

Saudi Oger

A prominent construction firm, Saudi Oger suffered a financial crisis due to overreliance on government contracts and insufficient diversification...

Etihad Etisalat (Mobily)

Mobily, a major telecommunications provider, encountered financial discrepancies resulting from aggressive revenue recognition and inadequate...

Carrefour and Majid Al Futtaim (MAF)

French retailer Carrefour is reviewing the labor practices of its Saudi franchise partner, MAF, after Amnesty International raised concerns about...
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