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
Economy of Kuwait Economy of Kuwait Kuwait is a small, petroleum-based economy. The Kuwaiti dinar is the highest-valued unit of currency in the world. Non-petroleum industries include financial services. According to the World Bank, Kuwait is the fourth richest country in the world per capita. Kuwait is the second richest GCC country per capita (after Qatar). Kuwait has a leading position in the financial industry in the GCC; the abyss that separates Kuwait from its Gulf neighbors in terms of tourism, transport, and other measures of diversification is absent in the financial sector. The Emir has promoted the idea that Kuwait should focus