Kuwait

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 2016, Kuwait has a population of 4.5 million people: 1.3 million are Kuwaitis and 3.2 million are expatriates

Kuwait’s eastern borders are along the Persian Gulf. Kuwait has a total area of 6,879 square miles (17,818 sq km) and a population density of 377 people per square mile or 145.6 people per square kilometer. Kuwait’s capital and largest city is Kuwait City.

Key Cities

Key cities in Kuwait include Hawalli,  Al Fahahil,  Kuwait City,  Ar Riqqah, Al Manqaf, Al jahra,  and Al Fintas.

Historical, Cultural facts & Religion

In June 1961, Kuwait became independent with the end of the British protectorate and the sheikh Abdullah Al-Salim Al-Sabah became an Emir. … Kuwait was the first Arab state in the Persian Gulf to establish a constitution and parliament. In the 1960s and 1970s, Kuwait was the most developed country in the region.

The Kuwaiti culture is based on Arab culture, traditions and practices that are generally adhered to in the Arabian Peninsula or the Fertile Crescent. The Kuwaiti culture is both Urban and Bedaw (Bedouin). Islam has a long-lasting effect on Kuwaiti culture, traditions and values.

Brief Country History

The emirate of Kuwait was under the Ottoman Empire before it became a British protectorate after World War I. At around the 1930s, Kuwait struck large deposits of oil in its area of responsibility. Although it was already an independent sheikdom when it was under British protection, it was only until 1961 that Kuwait gained independence and became a sovereign nation. Right after achieving independence, the government immediately saw through to the development of the nation’s petroleum industry and its allied industries and indeed achieved rapid growth unlike any other.

In 1990, Kuwait’s then unceasing progress came to a halt as Saddam Hussein ordered the Iraqi army to occupy this small but very progressive sheikhdom. The annexation of Kuwait however was short-lived. Geopolitically, Kuwait is a very vital cog in the world’s balance of crude oil supply. So, the Americans intervened as Iraq, another major oil player, could possibly dictate oil supply and prices, and worst, discriminate who to sell oil to. However, before the Iraqis relinquished back Kuwait to the ruling family, the al-Sabah family, Saddam Hussein ordered its troops to set ablaze all oil wells it can set fire to. It was one of the worst environmental disasters the world has ever seen as it took nine months just to put out the fire. After 2 years from that dreadful burning of the oil wells, the Kuwaiti government immediately rebuilt all lost infrastructures and oil production was back to pre-invasion levels.

In recent events, although, Kuwait is a Muslim dominated nation, in 2005, Prime Minister Sheikh Sabah al-Ahmad al Sabah appointed Massouma Mubarak as a cabinet minister. Also, in 2009, four women won seats in the parliament to sit as lawmakers. It was a truly shocking turn of events for its neighboring Arab nations.

Language (s) Written & Spoken

Arabic is the official language of Kuwait, but English is widely spoken. It is used in business and is a compulsory second language in schools. Among the non-Kuwaiti population, many people speak Farsi, the official language of Iran, or Urdu, the official language of Pakistan.

Important Types of Commerce in Kuwait

Kuwait is a sovereign Arab country situated on the Persian Gulf. It is bordered by Saudi Arabia and Iraq. The capital city of Kuwait is Kuwait City which is characterized by skyscrapers and modern architecture. Kuwait underwent large-scale modernization between 1946 and 1982 which aimed at boosting its financial performance both locally and internationally. However, the country’s economy did not experience the economic growth and development that was expected. Instead, the economy had to contend with challenges that arose such as the stock market crash in the 1980s and the annex of Kuwait by Iraq in 1990.

Since the US military intervention in 1991, the economy of Kuwait has been steadily growing over the years. As of 2017, the total nominal GDP of Kuwait was 120.1 billion. The country’s economy is referred to as a high-income economy due to its possession of large oil deposits. The biggest industries in Kuwait are the petroleum industry and the services industry.

Challenges and Opportunities in Kuwait’s economy

Exceedingly high land prices due to the high demand of resources and low supply of these resources. Other problems include the expensive cost of electricity, unskilled labor, high industrial production costs, and small market size. Nonetheless, the government of Kuwait has made it easy for foreign investors to do business in the country. It offers incentives such as 10-years tax holidays and low tax rates.

Language Services US and others will provide working with Kuwait

Kuwait is building its relations with the international community. It is extremely important for those wishing to enter into the Kuwaiti market to gain a thorough knowledge of the country and its particular language. Not knowing the Arabic language will leave you with the inability of doing business in this country. Professional language services can help you bridge the language gap and successfully penetrate the market with confidence. Many of the world’s best technology, engineering, biomedical and pharmaceutical companies’ partners with professional language services company for their translation, transcription and interpretation need.

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