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 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.
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 moreBefore planning a voyage to any destination, it is important to be aware of the country's general laws. It should be wise to remember that if you break the law of the country at any time, only your embassy will not be able to assist you. Here are few basic guidelines of general law followed in Kuwait state.
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