bankruptcy
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15 Companies Eye Merger To Avoid Bankruptcy03 September 2018Fifteen companies are reported to be considering a merger to avoid bankruptcy before the end of 2018 amid pressures mounted on companies by the banks facing difficulties, reports A...Cbk Prepares Draft Law Regulating Bankruptcy And Restructuring Banks07 December 2018The Central Bank of Kuwait has prepared a draft law regulating the bankruptcy and restructuring of local banks, independent of the general law prepared by the Ministry of Commerce...Bankruptcy Fears On Labor Law Bill – 35 Days Annual Leave Costly05 April 2019A high-ranking government source warned that it would be, what he called a repelling environment, for Kuwaiti employees, if the amendment to the National Labor Law to give employee...Domestic Labor Offices On Verge Of Bankruptcy04 November 2019Domestic workers who are returned to the domestic labor offices by their sponsors during the probation period of six months represent a nightmare for the labor offices, as the latt...Restrictions Pushing Around 400 Travel And Tourism Offices Towards Bankruptcy21 August 2020The Kuwaiti Travel and Tourism Agencies Association (KTTAA) revealed that more than 430 travel and tourism offices are facing bankruptcy and judicial prosecution under the restrict...Mr Minister, Is Kuwait Short Of Money And Facing Bankruptcy?24 August 2020MR. Minister, why do you want to scare us and ruin our financial reputation globally? You know that Kuwait has more than $550 billion invested overseas with a minimum return of not...830 Companies Related To Boutiqaat Face Bankruptcy26 August 2020Eight hundred and thirteen companies registered in Kuwait are facing the ghost of bankruptcy because of their inability to get their money from the Boutiqaat company which continue...New Bankruptcy Law Will Put Kuwait Among Developed Countries02 October 2020The Ministry of Commerce and Industry has said the new bankruptcy law approved by the National Assembly is modern and serves the economic stage, indicating that it includes more th...Seizure And Summons Lifted For 80,000 Debtors As Bankruptcy Law Enters Into Force25 July 2021The Preventive Settlement, Restructuring and Bankruptcy Law was enforced yesterday, Saturday, This would lift seizure and summons decisions issued against 80,000 defaulting d...Home Delivery Companies Facing Bankruptcy Due To Visa 20 Drivers06 September 2021The head of the Kuwait Union of Delivery Companies, Ibrahim Abdullah Al-Tuwaijri, said the union wants to regulate the delivery market, specifically when it comes to wages of &lsqu...Bankruptcy Of Morals06 July 2018Fend for yourselves The Parliament TV Channel interviewed a number of educationalists including a secondary stage teacher. I could not catch their names. However, the record is...Kuwait's Four Insurance Firms Are Facing Bankruptcy06 October 2022The Insurance Regulatory Unit and some creditor sector companies will seek to open bankruptcy proceedings against four insurance companies so as to ensure the rights of creditors,...