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 moreFamily law and personal status in Kuwait are regulated by religious tribunals. In Kuwaiti the legal framework is based on Islamic law. The Kuwaiti Family Law Code, which regulates issues such as divorce, marriage , child custody and inheritance, was enacted in 1984.
Read moreCurrently, 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 moreThere are hundreds of preschools, nurseries, and day-care centers for children in Kuwait. Montessori offers equally diverse approaches, learning by play, Arabic, bilingual, English , French and various curricula.
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