Kuwait is located at the tip of the Persian Gulf. This country is situated on the northern edge of Eastern Arabia and shares its borders with Saudi Arabia and Iraq. There are only five countries which have more oil reserves than Kuwait.
Read moreThe Kuwaiti oil industry is a prosperous oil field. The petroleum industry is Kuwait's largest sector, which accounts for almost half of the country 's GDP.
Read moreNational 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 celebrates its National Day and Liberation Day on 25 and 26 February each year, marking the country's independence after the First Gulf War. National day is in fact June 19th, but it is celebrated on June 25th as it marks the day when the Sheik Abdullah Al-Salem Al-Sabah came to power.
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