113 Days
Source:
البلاد
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Source: البلاد
113 Daysالبلاد
Source: البلاد
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Saudi Arabia experienced a significant rise in commercial bankruptcies during the first half of 2026. The "Eisar" Bankruptcy Committee recorded 64 companies going bankrupt in June alone, bringing the total number of declared bankrupt companies since the start of the year to 375, most of which are in Riyadh, Jeddah, Dammam, and Buraidah. The monthly distribution of cases shows relative stability, with a notable increase in June, indicating that the bankruptcy system is now considered a standard legal tool for restructuring and economic correction. This phenomenon is viewed as part of the maturity of the legal system, where bankruptcy is used to protect companies and reorganize their obligations. It reflects the flexibility of the investment environment in the Kingdom and its readiness to accommodate corporate setbacks within a structured legal framework.
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