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Kuwait (Dawlat al-Kuwayt)


Kuwait is a rich country, with a high per capita income ($29,940 in 2004), sitting on 9% of world oil reserves. It has bounced back economically from the huge losses caused by the Iraqi invasion and the costs of its contribution to the invasion of Iraq in 2003 and remains a generous aid donor. Kuwait earned around US$19 billion from oil revenues in the 2005/2006 financial year. Foreign reserves and investment income are substantial. The Kuwait stock market has performed well in the last two years. Kuwait is actively promoting itself as a base for foreign investors in Iraq, although with limited success so far. The Government is also looking at wider economic reform, including moving some of the 95% of Kuwaitis who work in the state sector to the private sector.


Kuwait Towers

Kuwait Towers

Kuwait City

Kuwait City

General Information

Capital (Government)

Kuwait City

Capital (Commercial)

Kuwait City


2.6 million

Language (local)


Language (official)

Arabic, English widely spoken


Dry desert, with great variations in daily temperature. Very hot summers.
Jan (average) 17°C
July (average) 38°C

Currency (local)

Kuwaiti Dinar (KWD)

Exchange Rate (local to $1)

Exchange Rate (local to £1)

Exchange Rate (local to 1EURO)

Cost of Petrol/Gas ($/gallon)


Typical cost of an evening meal


National Holidays

25th February (Independence Day)
Religious holidays are variables as they are based on the Islamic Calendar

Major Established Companies

Mobile Telecommunications Company

Kuwait Finance House

National Bank of Kuwait

National Industries Group Holding

Commercial Bank of Kuwait

Typical fields JobsMiddleEast is recruiting in:

  • Information Technology
  • Oil, Gas and Petroleum Industries
  • Education

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