Debt
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A Kuwaiti Citizen Arrested In Kd 13,000 Debt Case07 April 2016The Jahra police have arrested a Kuwaiti who had been sentenced in absentia to five years in prison for a criminal felon, reports Al-Rai daily. The daily added, after the police re...Russia Repays 1.7bn Dollars To Kuwait21 May 2016Russia has repaid Soviet-era debt to Kuwait of $1.72 billion, the Russian finance ministry said on Friday. The principal debt stood at $1.1 billion, while interests amounted to...Kuwait May Issue Up To 16.5bn Dollars Debt To Cover 2016-17 Deficit04 July 2016Kuwait plans to issue up to 3 billion dinars ($10 billion) in US dollar-denominated bonds and sukuk in international markets to help plug its budget deficit for the current 2016-17...Kuwaiti Arrested For Failing To Pay Kd 50,500 Debt13 December 2016Personnel from the Farwaniya Security Department have arrested a Kuwaiti for failing to pay KD 50,500 debt, reports Al-Anba daily. The daily added, the suspect was arrested at a ch...40 Percent Rise In Fourth-quarter Net Profit24 January 2017National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, posted a 40 percent rise in fourth-quarter net profit, according to Reuters' calculations, a...Royal Dutch Shell Sell Its Stake In Thailands Bongkot Gas Field To Kufpec For 900 Million Dollors01 February 2017Royal Dutch Shell has said it will sell its stake in Thailand's Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900 million. The move is the latest st...Gulf Countries Are Forecast To Drive The Bulk Of 2017 Sovereign Debt Issuance11 February 2017Gulf countries are forecast to drive the bulk of 2017 sovereign debt issuance, followed by Latin America, according to Bank of America Merrill Lynch. Its latest GEMs Macro Month...Citizen Who Is Wanted By Law For Debt Worth Kd 60,000 And Other Charges Was Arrested16 March 2017 A Kuwaiti citizen who is wanted by law for debt worth KD 60,000 and other charges was arrested in Jahra area. According to security sources, Jahra securitymen were patrolling...Kuwaitis Have Donated Around 4 Million Dollars For Debt Convicts15 May 2017Kuwaitis have donated around $4 million in a matter of hours in a fund-raising campaign to help secure the release of Kuwaiti prisoners convicted for failing to pay their financial...A Young Kuwaiti Arrested For Failing To Pay Kd 1,348, Debt29 June 2017A 25-year-old young Kuwaiti has been arrested by police in downtown Kuwait City to serve a three month jail term, reports Al-Anba daily. According to the daily he was sentenced for...Travel Ban Lifted On A Citizen Due To Failure To Settle Debt23 July 2017The Civil Section in the Court of Appeals cancelled the verdict of the First Instance Court which imposed a travel ban on a citizen due to failure to settle debt amounting to KD 36...Mpw Engr Disclosed The Total Debt Detected After Inventory Of The Ministry's Projects Was Kd 71 Million29 August 2017Undersecretary at the Ministry of Public Works Engr Awatef Al-Ghunaim disclosed the total debt detected after inventory of the ministry’s projects was KD 71 million, and deta...Egyptian Lodged Complaint Against An Expat On Missing His Mobile Phone16 November 2017An Egyptian lodged a complaint at Maidan Hawally Police Station against an expatriate co-worker who allegedly stole his mobile phone. The suspect was summoned for questioning and h...Court Has Dismissed A Lawsuit Filed By Kuwaiti Citizen To Order His Ex-wife To Pay Debt10 January 2018The Misdemeanor Court has dismissed a lawsuit filed by a Kuwaiti citizen to order his ex-wife to pay debt worth KD 2,000 that she owed him since the time they were married. The def...Kuwaiti Citizen Who Wanted By Law For Nonpayment Of Debt Was Arrested11 April 2018A Kuwaiti citizen who is wanted by law for nonpayment of a debt was arrested in Mubarak Al-Kabeer area. According to security sources, Mubarak Al-Kabeer securitymen were patrolling...