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A large number of private companies in Kuwait have failed to meet new rules on employment ratios for nationals, it was reported on Thursday.
The Ministry of Social Affairs and Labour issued a new Kuwaitization law in November 2008, giving firms six months to meet new targets but many have fallen short, officials claim.
As a result, the Ministry has stopped issuing violating companies transaction and work permits, Kuwait Times reported.
An official source told the paper that the new ratio law for national labour in the private sector included a target of 60 percent for banks, 56 percent for telecommunications companies, 40 percent for marketing and investment companies and 30 percent for petrochemicals and oil refinery businesses.
Expats account for nearly 95 percent of Kuwait's private sector workforce, totaling more than 2.4 million compared with 1 million citizens.
