Tahbaab: Increasing Insolvencies Signal Discrepancy
Deputy Deema Tahoob revealed a clear gap between government data and the reality of struggling companies in the kingdom. Her response from the Ministry of Investment pointed to increased investor confidence and rising investments, but indicators show a rise in bankruptcy and liquidation cases, along with a decline in some economic sectors. This highlights a disparity between official statements and the actual situation of companies, supply chains, and the local market.
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