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 moreKuwaitis like most countries these days prefer to use a mobile phone instead of a fixed landline. The number of cell phones in use is nearly five times the number of main lines installed in homes and these figures are growing.
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.
There is no shortage of transportation options in Kuwait City, whether for tourists or business travellers. However, Kuwait has a well-developed road network, public transport is largely limited to buses and taxis. Plans are underway to build a rail network in the future, but buses, cars, or taxis are currently the only forms of general public transport available in Kuwait.
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