Kuwait

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

Kuwait i/kˈwt/ (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.

Latest News for: Energy kuwait

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PM Shehbaz Sharif to address WEF session in Riyadh today

The News International 28 Apr 2024
Prime Minister Shehbaz Sharif will be speaking at the World Economic Forum's (WEF) session on global health agenda in Riyadh on Sunday, a day after reaching the Saudi capital to attend the "Special Meeting on Global Collaboration, Growth and Energy for Development."....
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66 incidents of cable thefts in three years

Arab Times 28 Apr 2024
KUWAIT CITY, April 28. Sources within the Ministry of Electricity, Water, and Renewable Energy have disclosed that there were 66 instances of electrical cable theft in the northern region over the past three years, reports Al-Jarida daily ... The ministry clarified that they do not possess cables susceptible to theft....
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Kuwait Amir due to partake in international forum in Saudi Arabia

Kuna 27 Apr 2024
His Highness the Amir will head the State of Kuwait's delegation partaking in the ......
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H.H. AMIR HEADS TO SAUDI FOR WORLD ECONOMIC FORUM

Arab Times 27 Apr 2024
KUWAIT CITY, April 27, (KUNA) ... His Highness the Amir will head the State of Kuwait’s delegation partaking in the World Economic Forum, themed “Global cooperation, growth and energy for development.” The forum is scheduled on April 28-29. The State of Kuwait Ambassador to Saudi ......
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OPEC Chief: Growing Energy Demand Requires Reducing Carbon Emissions

MENA FN 26 Apr 2024
(MENAFN - Kuwait News Agency (KUNA)) VIENNA, April 26 (KUNA) -- The pace at which global energy demand is growing means that alternatives cannot replace oil at the necessary scale, OPEC Secretary ... ....
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INJAZ Bahrain Successfully Wraps Up its 16th Annual Young Entrepreneurs Competition

bizbahrain 26 Apr 2024
Al Salam Bank, Amazon Web Services (AWS), Bapco Energies, Bank of Bahrain and Kuwait (BBK), Bahrain National Insurance (bni), and YK AlMoayyed & Sons as signature sponsors underscoring the strong corporate support for fostering entrepreneurial talent in Bahrain ... Khalid Abdulla from “Bapco Energies” and Ms....
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GISEC Global 2024 celebrates 3 new Guinness World Records

Beijing News 26 Apr 2024
Dubai [UAE], April 26 (ANI/WAM) ... In the inaugural GISEC Global Cyber Excellence Awards, Dr ... Other winners included Dr. Reem AlShammari, CyberSecurity and Technology Thought Leader, Energy Sector, Kuwait (GISEC Cybersecurity Woman of the Arab World 2024) and Basim AlRuwaii, CISO, Saudi Aramco (GISEC CISO of the Year 2024) ... (ANI/WAM) ....
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OAPEC 25th oil, gas conference addresses accelerating developments

Kuna 23 Apr 2024
KUWAIT, April 23 (KUNA) -- Chief of Organization of Arab Petroleum Exporting Countries, Jamal ... The conference lectures' will be given out specialists from OAPEC, Kuwaiti Ministry of Oil, Arab Energy Fund and Kuwait Institute for Scientific Research (KISR)....
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Kuwait awards Az-Zour South power station upgrade contract to Mitsubishi

GCC Business News 22 Apr 2024
Kuwait Ministry of Electricity, Water & Renewable Energy (MEW) has awarded a landmark contract to a consortium of Japan’s Mitsubishi Power and Kuwait-based Heavy Engineering Industries and Shipbuilding Co ... in line with Kuwait’s goals for a decarbonized energy future....
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Mitsubishi seals major Kuwait power station contract

GDN Online 22 Apr 2024
... support Kuwait's growing power needs ... Mitsubishi Power pointed out that this significant project underlined the trust and confidence that the Kuwait Ministry of Electricity & Water & Renewable Energy places in its power technology and comprehensive service offerings....
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IAEA: No Damage At Nuclear Sites In Iran

MENA FN 19 Apr 2024
(MENAFN - Kuwait News Agency (KUNA)) VIENNA, April 19 (KUNA) -- The International Atomic Energy Agency (IAEA) affirmed on Friday that there was no damage at the nuclear sites in the Iranian region ... ....
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Briefing of KUNA main news for Wednesday until 00:00 GMT

Kuna 18 Apr 2024
ABU DHABI - Kuwait declared updating its renewable energy goals and enhancing strategies of energy efficiency, affirming its outstanding role for a zero-carbon future in line with continued commitments to sustainability and renewable energy. LONDON - Kuwait presented in a panel ......
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