Currently, Kuwait has 11 local banks including 5 Islamic banks, all of which are supervised by the Kuwait Central Bank to preserve Kuwaiti Dinar's stability, and it also acts as the Kuwait Government's financial advisor and banker. In addition, MNC's like HSBC, Citi-group etc. also work within Kuwait's banking division.
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 moreStarted by Wilbur Hardee in 1960 in Rocky Mount, North Carolina, the burger chain provided customers with charbroiled hamburgers, quick service, and drive-thru lane. Hardee has since achieved immediate success, and the chain has expanded rapidly. In the 1970s and 1980s, Hardee 's locations proliferated as more and more franchise stores opened.
Read moreExpatriates living in Kuwait will now have to pay up to KD 1,700 per year-the equivalent of $5,593 to keep parents in the country.
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