Kuwait

February 28, 2000

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Stock ExchangeAt the end of November 1999, the Kuwaiti bourse dropped to a record low of 1,388.6 points. During the first week of December, the stock exchange was at 1,409.3, 16 percent below the year

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 1999e19981997GDP (KD billion by current prices)7.7 9.2GDP Per Capita (US$)11,58412,15115,272GNP (KD billion by current prices)9.5 11.1Inflation0.9 0.150.66Government Spending as % of GDP 51.8 56.9 43

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On May 4 1999, the Emir of Kuwait, Sheikh Jaber al-Ahmad al-Sabah, decided to adjourn his nation's Council (Parliament). While the motives behind this decision were debated, the event marked the first

February 17, 2000

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Kuwait football fans can rest easy now that its team has secured its place in the Asian Nations Football Cup 2000 to be held in Lebanon.  Al Azraq yes

February 15, 2000

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The expected mauling turned into a "bloodbath" on Monday evening when the Kuwaiti football team punished Bhutan 20-0.   While the actual score was sur

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After placing second in a recent Asia/Oceania Zone III Davis Cup competition in Sri Lanka, which took place between February 7-13, the Kuwaiti nationa

February 14, 2000

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The Kuwaiti football team today hopes to drastically improve its goal difference following its upcoming home game against the weaker Bhutan.   The tea

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Kuwaitis eating habits have turned them into the world's heaviest people and increased their exposure to numerous health risks, including teeth decay

February 13, 2000

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General Data    Population 2.34 million (1998)  Religions 85% Muslim (Shi’ite 30%, Sunni 45%, Other 10%) Christian, Hindu, Parsi and other 15% .  Government Constitutional Monarchy  Languages Ara

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Recently, Kuwait adopted Law No. 56 of 1996 (Effective 15.1.97), creating an independent entity called the Industrial Authority, and abolishing the Shaubia Industrial Authority and the Industrial Comm

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Business Structures and Forms  Companies Law   A new law permits for the first time majority foreign ownership of Kuwait-based firms. The new law still prohibits foreign investment in the upstream pet

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Judiciary  Common Courts System   Kuwait’s legal code is a combination of historical precedent, original legislation and a civil code drafted by jurists from various Arab countries.  In 1960, Kuwait a

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Stock Exchange   At the end of November 1999, the Kuwaiti bourse dropped to a record low of 1,388.6 points. During the first week of December, the stock exchange was at 1,409.3, 16 percent below the y

02:00 GMT

The Kuwaiti economy is driven by oil production and related industries. Kuwait holds 10 percent of the world oil reserves, some 96 billion barrels. Oil accounts for more than 90 percent of total expor

02:00 GMT

General Data    Population 2.34 million (1998)  Religions 85% Muslim (Shi’ite 30%, Sunni 45%, Other 10%) Christian, Hindu, Parsi and other 15% .  Government Constitutional Monarchy  Languages Ara