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Kuwait

Coordinates: 29°30′N 45°45′E / 29.500°N 45.750°E / 29.500; 45.750

Kuwait ⁱ/kuːˈweɪt/ (Arabic: دولة الكويت‎ Dawlat al-Kuwait), officially the State of Kuwait, is a country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq and Saudi Arabia. As of 2014, Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates.

Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale modernization. In the 1980s, Kuwait experienced a period of geopolitical instability and an economic crisis following the stock market crash. In 1990, Kuwait was invaded by Iraq. The Iraqi occupation came to an end in 1991 after military intervention by United States-led forces. At the end of the war, there were extensive efforts to revive the economy and rebuild national infrastructure.

Kuwait is a constitutional emirate with 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, making Kuwait the most politically progressive country in the region. In recent years, political instability has hindered the country's economic development.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Kuwait

Latest News for: Kuwait investor

Kuwait focuses on supporting overall int'l development - minister Al-Hajraf

MENA FN 23 Jun 2018

(MENAFN - Kuwait News Agency (KUNA)) VIENNA, June 22 (KUNA) -- Kuwait's Minister of Finance Falah Al-Hajraf said Friday that his country continuously takes part in international ev... ....

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Local people go to pet markets with their children in Kuwait

Xinhua 23 Jun 2018

... Governorate, Kuwait, on June 22, 2018....

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Kuwait- EU extra duties on US goods come into force

MENA FN 23 Jun 2018

(MENAFN - Kuwait News Agency (KUNA)) BRUSSELS, June 22 (KUNA) -- The European Union's (EU) extra tariffs in response to the US tariffs on steel and aluminium come into force Friday... ....

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FDI in Kuwait drops 28.2% in 2017

MENA FN 23 Jun 2018

(MENAFN - Arab Times) Boursa Kuwait performance mixed during week The US Federal Reserve decided on 13/06/2018 to raise the interest rate on the US dollar by a quarter percent po... ....

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Kuwait signs USD26.45m loan agreement for Guinea road project

MENA FN 23 Jun 2018

(MENAFN) The Kuwait News Agency (KUNA) reported the country to have inked an USD26.45 million loan deal to fund a road project launched in Guinea's capital Conakry.KUNA explained t... ....

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Kuwait oil price down to US$69.99 pb

MENA FN 23 Jun 2018

(MENAFN - Emirates News Agency (WAM)) KUWAIT, 22nd June, 2018 (WAM) -- The price of Kuwaiti oil went down by US$1.46 and settled at US$69.99 per barrel Thursday, compared to US$71 ... ....

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Racist tropes in Ramadan TV satires anger black Arabs

Deccan Herald 23 Jun 2018

The shows — one produced in Egypt and the other in Kuwait — also poked fun at Sudanese culture, making a mockery of the Sudanese Arabic dialect and portraying darker skinned people from Sudan as either poor or lazy ... In another sketch aired on state-run Kuwait TV, an ensemble of Kuwaiti actors appear in blackface, wearing traditional Sudanese turbans and jalabeyas, the long garment worn by men in Upper Egypt and Sudan ... Ramadan. ....

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Black Arabs angered at 'racist content' in satire shows on Gulf channels during...

Hindustan Times 23 Jun 2018

The shows — one produced in Egypt and the other in Kuwait — poked fun at Sudanese culture, making a mockery of the Sudanese Arabic dialect and portraying darker skinned people from Sudan as either poor or lazy ... The shows — one produced in Egypt and the other in Kuwait — also poked fun at Sudanese culture, making a mockery of the Sudanese Arabic dialect and portraying darker skinned people from Sudan as either poor or lazy....

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First Modules Arrive for the KIPIC Al-Zour Project

MENA FN 23 Jun 2018

(MENAFN Editorial) IRVING, Texas & KUWAIT CITY-Friday 22 June 2018 [ AETOS Wire ] ( BUSINESS WIRE )-- Fluor Corporation (NYSE. FLR) announced today that the first modules for t... ....

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Protecting women's right 'priority' for GCC states - Kuwaiti envoy

MENA FN 23 Jun 2018

(MENAFN - Kuwait News Agency (KUNA)) GENEVA, June 22 (KUNA) -- Countries in the Gulf Cooperation Council (GCC) pay much attention to the protection of women's right, making such en... ....

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Cairo literary event aims to bring China, Arab world closer

China Daily 23 Jun 2018

The first Arab-Chinese Literature Forum, dubbed "literary innovation on the new Silk Road," was held on Thursday to promote a dialogue between civilizations. The event focused on three topics ... "The event helps bridge the Arab-Chinese dialogue and cooperation," Masry said. More than 50 writers and authors from China, Egypt, Algeria, Iraq, Kuwait, Morocco, Sudan, Tunisia, Yemen, Jordan and other countries took part in the forum ... ....

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OPEC producers reach deal to ramp up oil production and moderate prices

The Keene Sentinel 23 Jun 2018

The new agreement would technically allow for an increase of 1 million barrels a day, but many of the countries are unable to boost production from current levels for technical as well as political reasons ... Barclays Research said in a note to investors that it expects Saudi Arabia to raise output by 300,000 barrels a day, Russia by 100,000 barrels a day and the United Arab Emirates and Kuwait by 200,000 barrels a day ... ....

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2 honored for veterans service at Carson City event

Nevada Appeal 23 Jun 2018

The Nevada Department of Veteran Services honored Brig. Gen. William R ... Burks shared the credit for his recognition.Recommended Stories For You ... Scott Anderson, chief deputy from the Nevada Secretary of State's office, thanked Burks for his service to the National Guard and how he worked with Secretary of State Barbara Cegavske to ensure soldiers in the 485th Military Police Co., who were deployed to Kuwait, voted in the 2016 elections ... ....

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