Business & Economy of Kuwait
The trading floor of Kuwait's Stock Exchange.
Image: Andreas Gursky
Kuwait's economy is based on oil. Its currency, the Kuwaiti dinar, is the highest-valued unit of money in the world. There are non-petroleum industries like financial services. The country is home to a large wealth-management industry. According to the World Bank, Kuwait is in the top-10 of the wealthiest countries in the world (per capita).
Central Bank of Kuwait
The Bank regulates the Kuwaiti stock market and maintains a strict monetary system on behalf of the State of Kuwait.
Boursa Kuwait
Kuwait's Stock Exchange.
Kuwait Chamber of Commerce and
Industry
The chamber represents business establishments in Kuwait.
Kuwait International Fair
Kuwait's first and largest exhibition center.
Kuwait Investment Authority
State-owned investment fund.
New Kuwait
The Kuwait National Development Plan to transform Kuwait into a financial and trade hub.
Mina Ahmadi, Mina Shuaiba and Mina Abdullah Kuwait refineries.
Image: Ken Doerr
Kuwait Products
Banking
National Bank of Kuwait (NBK)
The dominant Kuwait-based bank is engaged in the provision of banking, financial, and investment services.
Kuwait Finance House
Islamic Banking
Petroleum
Kuwait Petroleum Corporation (KPC)
Umbrella organization to manage Kuwaits oil interests.
Kuwait Oil Co. (K.S.C.)
The oil company is a subsidiary of the Kuwait Petroleum Corporation.
Kuwait Petroleum International Limited
KPI
Kuwait Petroleum International, known by the trademark Q8, is the international subsidiary of Kuwait Petroleum Corporation.
Kuwait National Petroleum Co.
KNPC)
Government-owned shareholder company.
Boubyan Petrochemical
The first private-sector company in Kuwait that invested in the government-controlled petrochemical sector.
Transportation
Kuwait Airways
Kuwait Airways Corporation serves destinations in the Middle East, North Africa,
Europe, Asia, and the USA.
Jazeera Airways
Jazeera Airways is a Kuwaiti airline with with scheduled services in the Middle East, India and Europe; its head office is at Kuwait International Airport.
Kuwait International
Airport
Kuwait International Airport is located in Farwaniya, about 20 km by road, south of Kuwait City.
Kuwait Port Authority
Kuwait's three ports are Shuwaikh Port, Shuaiba Port, and Doha Port.
Kuwait container port.
Image: Kuwait Ports Authority