93,000 banned from getting out of Kuwait
Over 93,000 Kuwaitis and Kuwait-based foreigners have been banned from getting out of the country after they failed to pay their debts, a news report has said.Out of the 93,099 people, 30,970 are Kuwaitis who owe 785 million Kuwaiti dinars to people or establishments and the rest are expatriates who reportedly owe 543 million dinars,Ali Al Dhubaha, the chairman of the Sentences Enforcement Department Counsellor, told Kuwait's Arab Times daily.
Kuwaiti Stock Exchange announced on Thursday 17 companies were banned from trading due to failure of presenting financial statements as scheduled, incurring losses above 75 percent of the capital or failure to hold the general assembly on time.