Kuwait

Kuwait

Kuwait or (officially: the State of Kuwait); it is an Arab country located in the Middle East, southwest of the Asian continent, specifically in the northwestern corner of the Arabian Gulf that borders it to the east, where it is bordered to the north and west by the Republic of Iraq and to the south by Saudi Arabia, and its total area 17,818 square kilometers, while the population according to the last census is 4.67 million people. The designation of Kuwait came to reduce the term "Kut" which means fortress or castle, and was built near the coast in the seventh centuryTen AD. Kuwait City was established in 1613 and was ruled by the Al-Sabah family, who are a branch of the Al-Utoub tribes. Most of the inhabitants of Kuwait have practiced diving on pearls and maritime trade between India and the Arabian Peninsula, which helped transform Kuwait into a commercial center in the northern Arabian Gulf and made it a port Main for both the Arabian Peninsula and Mesopotamia. The pearl diving profession remained the main nerve of the Kuwaiti economy until 1946, when the oil era began with the export of the first oil shipment

The emirate of Kuwait remained independent of the Ottoman rule, and this situation persisted until 1870, when the governor of Baghdad, Medhat Pasha, the ruler of Kuwait, was granted the title of governor and incorporated the Emirate of Kuwait administratively into the Ottoman state to become a jurisdiction of the state of Baghdad, within the framework of a wide series of administrative reforms that incorporated Qatar, Al-Ahsa and Najd. In the wilayat of Basra, which was in turn carved out of the wilayat of Baghdad, and despite these organizational decisions, nothing has changed on the ground in the Ottoman-Kuwaiti relations. The title of the standing governor who was held by the rulers of Kuwait was seen as an honorary position and the Ottoman Empire pledged to continue autonomy. In Kuwait. No Ottoman civil administration existedInside Kuwait and no Ottoman military garrison, as the Kuwaitis did not undergo enlistment in the service of the Ottoman army and did not pay any financial tax to the Turks. And this political situation remained in place until the era of Sheikh Mubarak Al-Sabah (1896-1915), during which Kuwait became under British protection, after the signing of the protection agreement with the British Empire on January 23, 1899, the Kuwaitis took advantage of this treaty to build, support and establish the rules of the modern state, where That treaty largely provided Kuwait with external political stability. However, on June 19, 1961 the British Protection Treaty was abrogated, the independence of the State of Kuwait was declared, and on November 11, 1962 the constitution was promulgated

The oil era in Kuwait started in 1936, when the first oil well was discovered in the Bahrah region, north of Kuwait. However, the oil was not discovered in commercial quantities until the Burgan field was discovered, which was suspended in 1942 due to the conditions of World War II; Oil on June 30, 1946. Economically, Kuwait is one of the most important oil producers and exporters in the world, having the fifth largest oil reserves in the world, with 10% of its landOil reserves in the world, and oil and oil products represent approximately 87% of export earnings and 80% of government revenue. Kuwait is a high-income country according to the World Bank classification. The reasons for this economic strength are due to the huge GDP (purchasing power parity) of $ 167.9 billion, and the high per capita GDP of nearly $ 45,455 in 2011, ranking eighth globally, and the second Arabest in terms of GDP

Kuwait is a hereditary emirate ruled by a prince from the descendants of Sheikh Mubarak Al-Sabah, and its system of government is a constitutional monarchy, and it is characterized by a parliamentary system represented by the National Assembly, which represents the legislative authority. Article VI of the constitution indicated that the system of government in Kuwait is democratic, with sovereignty over the nation, which is the source of all powers. Kuwait City is the political and economic capital of the State of Kuwait. It has the seat of government, government, major bank centers, and the Kuwait Stock Exchange. Kuwait is a founding member of the Cooperation Council for the Arab States of the Gulf, and in the Organization of Petroleum Exporting Countries - OPEC, a member of the Organization of Islamic Cooperation, a member of the League of Arab States since 1961, and a member of the United Nations since 1963. Kuwait is a major ally outside NATO for the United States

Kuwait has huge oil reserves, which places it at the forefront of countries that have oil reserves. The country has also managed to raise the level of gross domestic product over the past years, steadily and progressively, despite the passage of several economic crises. In spite of the small size of Kuwait, but it possesses a number of resources and natural resources that enabled it since ancient times to establish life with it, the most important of these resources is oil, through which Kuwait achieved from the fiscal year 1998/1999 until 2008/2009 budget surplusesThe annual result of the increase in oil revenues, which constitute nearly 80% of government revenue. Kuwait also has three primary sources of water and water wealth: desalinated sea water, groundwater, and recycled wastewater. Groundwater is the only natural source, while the rest of the sources are due to human intervention. In addition to the possession and interest of Kuwait since ancient times, its fish, animal and agricultural wealth

Kuwait is one of the richest countries in the world and Kuwait's economic strength is very high compared to the countries of the world. The reasons for this economic strength are due to the large GDP (purchasing power parity) of $ 167.9 billion, and the high per capita GDP, which is a basic measure used to assess capacity and willingness to pay. And over the past yearsSince 2004–2008, per capita gross domestic product (GDP) in Kuwait in terms of purchasing power has reached nearly $ 38,000, according to the International Monetary Fund. Kuwait ranked eleventh in the world, and the rate is similar in the Netherlands and Hong Kong. While per capita in 2013 was approximately $ 45,000, which makes Kuwait the second Arab country in terms of per capita