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Tag Archives: debt

Local banks provide Central Bank database of transactions

Bid to study behavior, trends of customers KUWAIT CITY, April 3: Local banks have begun to provide the Central Bank of Kuwait with a broad …

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KLS organizes seminar on dropping of loans & debts

Loans negative effects on Kuwaiti families highlighted KUWAIT CITY, Jan 29: Kuwait Lawyers Society(KLS) organized a seminar titled “The National Campaign to drop Kuwaiti Loans …

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Cancellation of debts after death proposed

KUWAIT CITY, Jan 21: MP Saleh Ashour has proposed canceling the loans of Kuwaitis upon their death to ease the financial burdens of their children …

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Proposal submitted for State to buy Kuwaitis debts and Loans

KUWAIT CITY, July 15: MP Majid Al-Mutairi submitted a proposal for the State to buy debts and loans of Kuwaitis to be paid through longterm …

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Kuwaiti debt defaulters rising – ‘300 warrants daily’

KUWAIT CITY, June 11: The number of Kuwaiti debtors is increasing following the search and arrest warrants issued by the Public Prosecution based on complaints …

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Securitymen nab Kuwaiti and an Egyptian for non-payment of KD 6,144 debt

KUWAIT CITY, April 14: Ahmadi securitymen arrested a Kuwaiti citizen, who is wanted by law for nonpayment of KD 5,000, and an Egyptian expatriate, who …

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Police arrest 6 wanted by law over KD 93,000 debt

KUWAIT CITY, April 11: Police have arrested 6 people who were wanted by law for failing to pay collective debt of over KD 93,000, reports …

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His Highness the Amir orders payment of citizens, expats prisoners’ debts

KUWAIT, Feb 18 (KUNA) — His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah ordered the payment of debts for citizens and expatriates in residing …

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Woman not obligated to pay in joint debt

KUWAIT CITY, Feb 13: The Court of Appeals has canceled the verdict issued by the Court of First Instance which obligated a Kuwaiti woman to …

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Govt fails to collect approx $5bn owned by various sectors: report

Ministry of oil tops the list of defaulters KUWAIT CITY, Nov 9: The government has failed to collect approximately 1.5 billion dinars (equivalent to $5 …

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