Kuwait City Kuwait City Kuwait City () is the capital and largest city of Kuwait. Located at the heart of the country on the shore of the Persian Gulf, and containing Kuwait's National Assembly (parliament), most governmental offices, the headquarters of most Kuwaiti corporations and banks, it is the indisputable political, cultural and economical centre of the emirate. It is considered a global city. Kuwait City's trade and transportation needs are served by Kuwait International Airport, Mina Al-Shuwaik (Shuwaik Port) and Mina Al Ahmadi (Ahmadi Port). In 1613, the town of Kuwait was founded in modern-day Kuwait City. In 1716, the Bani
Kuwait Fund for Arab Economic Development higher foreign assistance ratio (as a percentage of the GNP) than do other rich capital surplus countries. Kuwait easily achieves and surpasses the target 0.7% of GNP that the United Nations specifies for development assistance. The State of Kuwait also maintains its support and contributions to the resources of other international development institutions, such as the Arab Fund for Economic and Social Development, the African Development Bank, the International Fund for Agricultural Development, and the International Development Association through the Kuwait Fund. Under a new law, the Kuwait Fund is obligated to transfer up to 25% of its net annual