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Kuwaitis, expats spent KD 195m in Eid
October 17, 2014, 9:29 am

During the nine days Eid-Al-Adha holiday KD 195 million were spent by citizens and expatriates in Kuwait, according to banking sources, reports Al- Anba daily.The daily added the expenditure jumped by 26 percent and the total amount withdrawn using K-Net was KD 92 million and the rest through purchases.

General Director of the company Abdullah Al-Ajmi said there were nearly one million withdrawals and 2.6 million payments using K-Net. On the level of individual income Kuwait occupied the first position among Arab countries and eighth globally, reports Al-Shahed daily.

According to statistics there are 53 millionaires and 146 businessmen have shares in neighboring countries. Also the collective wealth of rich Kuwaitis is put at $25 billion, next is the Kingdom of Saudi Arabia with 48 millionaires and this figure is expected to reach 63 in 2019; and in the third place is the UAE with 46 and expected to reach 58 in 2019

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