Portal:Kuwait


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Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the head of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. With a coastline of approximately 500 km (311 mi), Kuwait also shares a maritime border with Iran, across the Persian Gulf. Kuwait is a city-state, most of the country's population reside in the urban agglomeration of Kuwait City, the capital and largest city. As of 2024, Kuwait has a population of 4.82 million, of which 1.53 million are Kuwaiti citizens while the remaining 3.29 million are foreign nationals from over 100 countries. Kuwait has the world's third largest number of foreign nationals as a percentage of the population (citizens are less than 30% of the overall population).

The territory of modern-day Kuwait has been occupied by humans since antiquity, particularly due to its strategic location at the head of the Persian Gulf near the mouth of the Tigris and Euphrates rivers. In the early 18th century, the territory of modern-day Kuwait was under the jurisdiction of the Bani Khalid Emirate of the Bani Khalid clan; then the territory became known as the Sheikdom of Kuwait, it became a British protectorate in 1899. Prior to the discovery of oil reserves in 1938, the territory of modern-day Kuwait contained a regional trade port. The protectorate agreements with the United Kingdom ended in June 1961 when Kuwait officially became an independent state. From 1946 to 1982, Kuwait underwent large-scale modernization, largely based on income from oil production. In the 1980s, Kuwait experienced a period of geopolitical instability and an economic crisis following the stock market crash.

In 1990, the state of Kuwait was invaded and subsequently annexed by Iraq under the leadership of Saddam Hussein following disputes over oil production. The Iraqi occupation of Kuwait ended on 26 February 1991, after an American-led international coalition expelled Iraqi forces from the country during the Gulf War. (Full article...)

The Kuwait Investment Authority (KIA) is the State owned sovereign wealth fund of the State of Kuwait, managing the state's reserve and the state's future generation fund, also known as "Ajyal Fund".

Founded in 1953, the KIA is the world's oldest sovereign wealth fund. As of March 2025, it is the world's 5th largest sovereign wealth fund with currently US$1,029 billion assets under management. (Full article...)

Did you know...

  • ...that the fourteen nations designated Major non-NATO ally are the only countries outside of NATO to whom the United States government will consider selling depleted uranium anti-tank rounds?

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