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National bank of Kuwait (NBK)
National bank of Kuwait (NBK) was the first national bank in Kuwait and the entire Arabian Gulf region established in 1952. All the board members and the founders of NBK were renowned merchants of Kuwaiti origin. NBK was established with a capital of 13,100 shares, each valued 1,000 Indian rupees – equivalent to 75 Kuwaiti dinars today. Over the years NBK has proved itself to be a financial leader in the Arab world.
Read moreKuwait Economy
Kuwait's ranking for economic liberty is 63.2, making its economy the 79th freest in the 2020 Index. Its overall score rose by 2.4 points, largely due to a higher score for transparency of government.
Read moreUtilities in Kuwait
The Ministry of Electricity and Water Supply operates services in Kuwait, and the system is relatively easy to comprehend. Most people will receive only one bill covering both their water supplies and their electricity supplies. Receiving separate bills is very unusual.
Read moreSelling the vehicle in Kuwait: Ownership Change
Kuwait's government provides a service that lets individuals pass on vehicle ownership to another person, in compliance with the traffic laws and provisions.
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