Kuwait is an Islamic nation that is becoming more and more influenced by Western traditions. The country's capital is Kuwait City, and it is a lively city.
Read moreKuwait 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 more1. Kuwait May Be Hotter Than Any Other Country
When people think about the Middle East, I am sure they picture a vast desert with a scorching sun and this is valid to some degree. Kuwait consists largely of the sandy Arabian Desert, with a very minimal urban area. After growing up in a tropical city in South Africa I thought I was prepared for the heat but I was still taken by surprise.
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 more