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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 moreEid Al Adha in Kuwait: A Guide for Expatriates
Here is what you need to know about Kuwait's Eid Al Adha
In all Islamic countries there are two common holidays which Muslims celebrate worldwide: Eid Al Fitr and Eid Al Adha.
Social Security and Welfare in Kuwait
Kuwait's citizens are not required to pay into any programs that would qualify them for compensation if they wanted financial aid. The size of the country and the level of its wealth means that in times of trouble it can afford to look after its citizens, although there are some funds that a worker can afford to give himself extra security and peace of mind.
Read moreVisa cancelation and retirement age in Kuwait
Kuwait has the lowest retirement age, compared to most other Gulf nations (55 years for men and 50 years for women), a recent study said.
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