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 2016 [update] , Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. [1] 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 coalition forces. At the end of the war, there were extensive efforts to revive the economy and rebuild national infrastructure.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Agility Logistics | Industrials | Delivery services | Sulaibiya | 1979 | Transportation |
Alghanim Industries | Conglomerates | - | Kuwait City | 1932 | Media, consumer goods, industrials |
Al-Mulla Group | Conglomerates | - | Kuwait City | 1938 | Consumer goods, financials, industrials |
Americana Group | Consumer goods | Food products | Kuwait City | 1964 | Integrated food company |
Boubyan Bank | Financials | Banks | Kuwait City | 2004 | Islamic bank |
Burgan Bank | Financials | Banks | Kuwait City | 1977 | Bank, part of KIPCO |
Central Bank of Kuwait | Financials | Banks | Kuwait City | 1969 | Central bank |
Cinescape | Consumer services | Recreational services | Kuwait City | 1954 | Cinema chain |
Fast Telecommunications | Telecommunications | Fixed line telecommunications | Kuwait City | 2001 | ISP |
Gulf Bank of Kuwait | Financials | Banks | Kuwait City | 1960 | Bank |
Gulfsat | Telecommunications | Mobile telecommunications | Kuwait City | 1995 | Satellite services, part of KIPCO |
Industrial Bank of Kuwait | Financials | Banks | Kuwait City | 1973 | Bank |
Jazeera Airways | Consumer services | Airlines | Kuwait City | 2004 | Airline |
KIPCO (Kuwait Projects Company) | Financials | Real estate holding & development | Kuwait City | 1975 | Holding Company |
Kuwait Airways | Consumer services | Airlines | Kuwait City | 1953 | Airline |
Kuwait Finance House (KFH) | Financials | Banks | Kuwait City | 1977 | Islamic bank |
Kuwait National Petroleum Company | Oil & gas | Exploration & production | Kuwait City | 1960 | Petrochemicals |
Kuwait Oil Company | Oil & gas | Exploration & production | Al Ahmadi | 1934 | Oil exploration, part of Kuwait Petroleum Corporation |
Kuwait Oxygen And Acetylene Company, subsidiary of Gulf Cryo | Chemical industry | Industrial gases | Kuwait City | 1953 | Chemicals |
Kuwait Petroleum Corporation | Oil & gas | Exploration & production | Shuwaikh Port | 1980 | Petroleum |
Kuwait Petroleum International | Oil & gas | Exploration & production | Kuwait City | 1983 | Oil & gas |
M. A. Kharafi & Sons | Conglomerates | - | Kuwait City | 1956 | Industrials, financials, telecommunications |
Maseelah Trading Company | Consumer services | Specialty retailers | Kuwait City | 1972 | Diversified consumer goods |
M.H. Alshaya Co. | Conglometrates | - | Kuwait City | 1890 | Retail, reataurants |
National Bank of Kuwait | Financials | Banks | Kuwait City | 1952 | Bank |
NBK Capital | Financials | Asset managers | Kuwait City | 2005 | Financial Services |
Qualitynet | Telecommunications | Fixed line telecommunications | Kuwait City | 1998 | ISP |
Safir Hotels & Resorts | Consumer services | Hotels | ? | ? | Hotels |
The Sultan Center | Consumer services | Food retailers & wholesalers | Kuwait City | 1976 | General retail and grocery |
United Fisheries of Kuwait | Consumer goods | Farming & fishing | ? | ? | Fish and shrimp |
United Networks | Telecommunications | Fixed line telecommunications | Kuwait City | 2005 | ISP and Distribution |
Zain | Telecommunications | Mobile telecommunications | Kuwait City | 1983 | Mobile provider |
Kuwait is a sovereign state in Western Asia located at the head of the Persian Gulf. The geographical region of Kuwait has been occupied by humans since antiquity, particularly due to its strategic location at the head of the Persian Gulf. In the pre-oil era, Kuwait was a regional trade port. In the modern era, Kuwait is best known for the Gulf War (1990–1991).
The economy of Kuwait is a wealthy petroleum-based economy. Kuwait is one of the richest countries in the world. The Kuwaiti dinar is the highest-valued unit of currency in the world. According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita.
The Kuwaiti oil fires were caused by the Iraqi military setting fire to a reported 605 to 732 oil wells along with an unspecified number of oil filled low-lying areas, such as oil lakes and fire trenches, as part of a scorched earth policy while retreating from Kuwait in 1991 due to the advances of US-led coalition forces in the Gulf War. The fires were started in January and February 1991, and the first oil well fires were extinguished in early April 1991, with the last well capped on November 6, 1991.
Kuwait City is the capital and largest city of Kuwait. Located at the heart of the country on the south shore of Kuwait Bay on the Persian Gulf, it is the political, cultural and economic centre of the emirate, containing Kuwait's Seif Palace, government offices, and the headquarters of most Kuwaiti corporations and banks. It is one of the hottest cities in summer on earth, with average summer high temperatures over 45 °C (113 °F) for three months of the year.
The Organization of the Petroleum Exporting Countries is an organization enabling the co-operation of leading oil-producing countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members. The 12 member countries account for an estimated 30 percent of global oil production.
Iraqi Airways Company, operating as Iraqi Airways, is the national carrier of Iraq, headquartered on the grounds of Baghdad International Airport in Baghdad. It is the second oldest airline in the Middle East. Iraqi Airways operates domestic and regional services; its main base is Baghdad International Airport.
The Gulf War was an armed conflict between Iraq and a 42-country coalition led by the United States. The coalition's efforts against Iraq were carried out in two key phases: Operation Desert Shield, which marked the military buildup from August 1990 to January 1991; and Operation Desert Storm, which began with the aerial bombing campaign against Iraq on 17 January 1991 and came to a close with the American-led Liberation of Kuwait on 28 February 1991.
West Asia, also called Western Asia or Southwest Asia, is the westernmost region of Asia. As defined by most academics, UN bodies and other institutions, the subregion consists of Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Armenian highlands, the Levant, the island of Cyprus, the Sinai Peninsula, and the southern part of the Caucasus Region (Transcaucasia). The region is separated from Africa by the Isthmus of Suez in Egypt, and separated from Europe by the waterways of the Turkish Straits and the watershed of the Greater Caucasus. Central Asia lies to its northeast, while South Asia lies to its east. Twelve seas surround the region (clockwise): the Aegean Sea, the Sea of Marmara, the Black Sea, the Caspian Sea, the Persian Gulf, the Gulf of Oman, the Arabian Sea, the Gulf of Aden, the Red Sea, the Gulf of Aqaba, the Gulf of Suez, and the Mediterranean Sea. The area contains the vast majority of the similarly defined Middle East, but excluding most of Egypt and the northwestern part of Turkey, and including the southern part of the Caucasus.
Kuwait International Airport is an international airport located in the Farwaniya Governorate, Kuwait, 15.5 kilometers (9.6 mi) south of the centre of Kuwait City, spread over an area of 37.7 square kilometres (14.6 sq mi). It serves as the primary hub for Kuwait Airways and Jazeera Airways. A portion of the airport complex is designated as Abdullah Al-Mubarak Air Base, which contains the headquarters of the Kuwait Air Force, as well as the Kuwait Air Force Museum.
The Kuwait national football team is the national team of Kuwait and is controlled by the Kuwait Football Association. Kuwait made one World Cup finals appearance, in 1982, managing one point in the group stages. In the Asian Cup, Kuwait reached the final in 1976 and won the tournament in 1980.
The Iraqi invasion of Kuwait began on 2 August 1990 and marked the beginning of the Gulf War. After defeating the State of Kuwait on 4 August 1990, Iraq went on to militarily occupy the country for the next seven months. The invasion was condemned internationally, and the United Nations Security Council (UNSC) adopted numerous resolutions urging Iraq to withdraw from Kuwaiti territory. The Iraqi military, however, continued to occupy Kuwait and defied all orders by the UNSC. After initially establishing the "Republic of Kuwait" as a puppet state, Iraq annexed the entire country on 28 August 1990; northern Kuwait became the Saddamiyat al-Mitla' District and was merged into the existing Basra Governorate, while southern Kuwait was carved out as the all-new Kuwait Governorate. By November 1990, the adoption of UNSC Resolution 678 officially issued Iraq an ultimatum to withdraw unconditionally by 15 January 1991 or else be removed by "all necessary means" from Kuwaiti territory. In anticipation of a war with Iraq, the UNSC authorized the assembly of an American-led military coalition.
Ras al-Khafji or Khafji (الخفجي) is a town on the border between Saudi Arabia and Kuwait. It lies in what was before 1970 the Saudi Arabian–Kuwaiti neutral zone. The Japanese-owned Arabian Oil Company Ltd signed a concession agreement with the government of Saudi Arabia in December 1957 and with the government of Kuwait in July 1958 for exploration and development of hydrocarbon reserves in the offshore Neutral Zone. The Arabian Oil Company discovered the Khafji oil field in 1960 and the Hout oil field in 1963.
Kuwait Petroleum Corporation is Kuwait's national oil company, headquartered in Kuwait City.
Kuwait, officially the State of Kuwait, is a country in the Middle East. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately 500 km (311 mi). Most of the country's population reside in the urban agglomeration of the capital and largest city Kuwait City. As of 2022, Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3 million are foreign nationals from over 100 countries.
The 1967 Oil Embargo began on June 6, 1967, the second day of the Six-Day War, with a joint Arab decision to deter any countries from supporting Israel militarily. Several Middle Eastern countries eventually limited their oil shipments, some embargoing only the United States and the United Kingdom, while others placed a total ban on oil exports. The Oil Embargo did not significantly decrease the amount of oil available in the United States or any affected European countries, due mainly to a lack of solidarity and uniformity in embargoing specific countries. The embargo was effectively ended on September 1 with the issuance of the Khartoum Resolution.
Kuwait is a sovereign emirate located on the coast of the Persian Gulf in Southwest Asia and the Middle East. Kuwait is bordered by Saudi Arabia to the south and Iraq to the north and west. The name of Kuwait is a diminutive of an Arabic word meaning "fortress built near water." It has a population of 4.1 million and an area of 17,818 km2. Kuwait is a constitutional monarchy with a parliamentary system of government and Kuwait City serves as its political and economic capital.
The Egyptian diaspora consists of citizens of Egypt abroad sharing a common culture and Egyptian Arabic language. The phenomenon of Egyptians emigrating from Egypt was rare until Gamal Abdel Nasser came to power after overthrowing the monarchy in 1952. Before then, Cleland's 1936 declaration remained valid, that "Egyptians have the reputation of preferring their own soil. Few ever leave except to study or travel; and they always return... Egyptians do not emigrate".
Kuwait–Russia relations is the bilateral relationship between the two countries, Kuwait and Russia.
The Sheikhdom of Kuwait was a sheikhdom during the pre-oil era. The sheikhdom became a British protectorate between 1899 and 1961 following the Anglo-Kuwaiti agreement of 1899. This agreement was made between Sheikh Mubarak Al-Sabah and the British Government in India, primarily as a defensive measure against threats from the Ottoman Empire. After 1961, the sheikdom became the state of Kuwait.