Why these folks from UAE thought they could successfully run a semiconductor company is beyond me. But this was a known outcome. When did IBM ever lead in high volume process at the cutting edge? There is zero chance you folks could deliver a robust and competitive 7nm process. Even AMD is fully on TSMC.
Even on all other nodes you lose money. You aren't good at it. You are bad at the foundry biz. The only reason your doors are open is because of oil money. You wrap dollar bills around every wafer you ship. This ruined your passion and incentive to win.
Well, you tried to twist arms for government money. Looks like everyone said no. It's really too bad because you might have succeeded. The only possible outcome I see for your tragic position is for someone to buy the sad and incompetent GloFo.