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
Geology of Kuwait Geology of Kuwait The geology of Kuwait includes extremely thick, oil and gas-bearing sedimentary sequences from the Mesozoic and Cenozoic. Kuwait is a country in Western Asia, situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf. The oldest crystalline basement rocks beneath Kuwait are poorly understood due to the thickness of overlying sedimentary rocks. In the early 1960s, a 13,853 foot deep well in the Burgan oil field only reached rocks dating to the Triassic including clay, marl, limestone, shale and anhydrite. This is overlain by 4500 feet of Jurassic rocks, primarily limestone but