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 moreCurrently, 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 moreKuwait'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 moreHere 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.