Gulf Bank of Kuwait Gulf Bank of Kuwait Gulf Bank is one of the largest banks in Kuwait with a broad offering of consumer banking, wholesale banking, treasury, and financial services. Gulf Bank was founded in 1960, and listed as GBK on the Kuwait Stock Exchange (KSE) in 1984. The Bank has large network of 58 branches, with total assets of KD5,683 million for year ended 31 December 2017. Gulf Bank was founded in 1960, and commenced business operations in a rented flat on Fahad Al-Salem Street in Kuwait City with a total of 50 employees and a capital of 24 million rupees, equivalent
Emir of Kuwait Emir of Kuwait The Emir of the State of Kuwait is the monarch and head of state of Kuwait. It is the most powerful position in the country. The emirs of Kuwait are members of the Al-Sabah dynasty, which originate from the Bani Utbah; a federation of clans in the Arabian Peninsula. Since 29 January 2006, Sabah Al-Ahmad Al-Jaber Al-Sabah is the current emir. Succession to the throne of Kuwait is limited to the descendants of Mubarak Al-Sabah. The position of Emir is also traditionally alternated between the two main branches of the Al-Sabah family, the Al-Ahmed and Al-Salem branches.