Over 5000+ Different Collectables, Shop With Confidence
Over 5000+ Different Collectables, Shop With Confidence
0 Euro Souvenir Banknotes Kuwait KWAA 2020-1
Kuwait is a small country located in the Middle East, bordered by Iraq to the north and Saudi Arabia to the south. It is a constitutional monarchy with a population of around 4.5 million people, the majority of whom are Muslim.
Kuwait is known for its wealth, due to its large reserves of oil and natural gas. The economy is heavily dependent on the oil industry, which accounts for around 60% of the country's GDP and 95% of its export earnings. Despite this, the government has been trying to diversify the economy and reduce its reliance on oil, by investing in sectors such as finance, real estate, and tourism.
The country has a high standard of living, with a well-developed infrastructure and modern amenities. The capital city, Kuwait City, is a bustling metropolis with skyscrapers, shopping malls, and cultural attractions, such as the Kuwait National Museum and the Tareq Rajab Museum of Islamic Calligraphy.
Kuwait is also known for its traditional Arabic culture, which is evident in its food, art, music, and clothing. Arabic is the official language of the country, but English is widely spoken, particularly in business and education.
Despite its relative stability and prosperity, Kuwait has faced some challenges in recent years. The country was invaded by Iraq in 1990, leading to a war and a period of occupation. Since then, the government has worked to rebuild the country and establish closer ties with its neighbors and the international community.
Overall, Kuwait is a small but important country in the Middle East, with a unique mix of traditional and modern culture and a growing economy that is striving to adapt to a changing world.