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 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.
The Middle East is extremely common to buy gold jewelry, and particularly Kuwait is renowned for its fine gold decorations. Whether you can buy or not, a walk through the gleaming gold souqs is a must when you're visiting Kuwait.
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.
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