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Jobs Middle East

Kuwait (Dawlat al-Kuwayt)


KSA

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.


Images


Kuwait Towers


Kuwait Towers

Kuwait City


Kuwait City


General Information


Capital (Government)

Kuwait City

Capital (Commercial)

Kuwait City

Population

2.6 million

Language (local)

Arabic

Language (official)

Arabic, English widely spoken

Climate

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)

$0.79/gallon

Typical cost of an evening meal

$3.00

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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