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 moreKuwait's ranking for economic liberty is 63.2, making its economy the 79th freest in the 2020 Index. Its overall score rose by 2.4 points, largely due to a higher score for transparency of government.
Read moreWhen wind hits the deserts of the south, they carry large amounts of sand causing sandstorms in the region-and often it is almost invisible to the citizens of the city.
Read moreThe Green Island in Kuwait is an artificial island, situated off the Kuwait City promenade coast. It opened in February 1988 and is a popular tourist attraction, as well as a popular holiday retreat in Kuwait. This is basically a reclaimed land, transformed into an artificial island.
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