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About Kuwait

Kuwait’s geographic location on world trade road “Silk Road” in the southwest of the Asian continent and in the northwest corner of Arabian Gulf head, has contributed to its prosperity and its transformation into a commercial center and a major port for each of the peninsula and Mesopotamia. Kuwait’s total area is of 17.818 km2 with a population of 3 million people – 2010 census.

The history of the Kuwaiti economy goes back to the seventeenth century, when the City of Kuwait was established as a commercial port on the Arab Gulf Coast, and where Kuwaiti people had the pearl diving, shipbuilding and maritime trade as their own professions, which has helped in transforming Kuwait city to a commercial city that played an important role in regional trade as many famous commercial markets crowded with traders and buyers were existed. Kuwait has the fifth largest oil reserves in the world, and is one of the high-income countries, according to the World Bank classification.

Kuwait is a constitutional state with a semi-democratic political system. It has a high income economy backed by the world's sixth largest oil reserves. The Kuwaiti dinar is the highest valued currency in the world. According to the World Bank, the country has the fourth highest per capita income in the world. The Constitution was promulgated in 1962.The Kuwait National Cultural District is a member of the Global Cultural Districts Network.

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