History of Kuwait late 16th century, the Portuguese built a defensive settlement in Kuwait. In 1613, the town of Kuwait was founded in the present-day location of Kuwait City. Kuwait was initially under the control of the Bani Khalid clan, who built a fishing village in present-day Kuwait Bay. The beginning of the eighteenth century witnessed the contention of Kuwait by the Bani Utub confederation. They migrated to Kuwait in 1682. As a result of successive matrimonial alliances, they were able to wrest control of Kuwait sometime after the death of Barrak Bin Urair [Bani Khaled] and the fall of the Bani Khaled
NBK Capital capital markets. In April 2015, NBK Capital acted as joint lead manager in the launching of a $700 million bond by the National Bank of Kuwait. NBK Capital Watani Investment Company (NBK Capital) is a financial services firm with operations across the Middle East. NBK Capital was established in July 2005 as a fully owned subsidiary of the National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest rated in the Middle East. NBK Capital focuses on four principal lines of business: Alternative Investments, Asset Management, Brokerage and Investment Banking. NBK Capital operates regionally in Kuwait, Dubai, Egypt