Friday, Jun 22, 2018

Kuwait O&G Summit

Kuwait Ministry of Oil & KPC to host 5th Kuwait Oil & Gas Summit alongside CWC Group in Kuwait City

Jamal Abdulaziz Jaafar, CEO of KOC

Kuwait is planning to invest $112 billion in the next five years in the oil and gas sector to boost production, the CEO of Kuwait Petroleum Corp. said,... Mar 21, 2018

Energy | Middle East | Kuwait

Start-up Kuwait

Building an ecosystem for SMEs to thrive

Mr. Al-Jouan, Executive Chairman, Mr. Al Wazzan, Vice Chairman, and board members Mr. Boushahri, Mr. Jaffar and Mr. Al Mutairi, of The National Fund for SMEs Development

Mr. Al-Jouan, Executive Chairman, Mr. Al Wazzan, Vice Chairman, and board members Mr. Boushahri, Mr. Jaffar and Mr. Al Mutairi, of The National Fund for... Nov 10, 2017

Industry & Trade | Middle East | Kuwait

Banking on Kuwait

Kuwait investing heavily in backlog of much-needed infrastructure projects

Shaikha Al-Bahar, Deputy Group CEO of NBK

As the nation’s largest and first established bank, NBK is one of the leading financiers of Kuwait’s mega projects, and will play a pivotal... Oct 20, 2017

Finance | Middle East | Kuwait

Youth Affairs & Social Media

Kuwaitis embrace the digital future through stronger social media engagement

#Kuwait on social media is an information and dialogue initiative designed to reach out to the nation’s youth to gain direct feedback and engagement

Kuwait is steadily making the switch from analog to digital governance, keeping pace with social media usage – a far stronger model for direct feedback... Jun 20, 2016

Telecoms & ICT | Government | Middle East | Kuwait

Ministry of State for Youth Affairs

HH the Amir of Kuwait catalyzes country’s approach to youth empowerment

A female student addresses well-wishers during a graduation ceremony

In 2012, HH the Amir, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, created the Ministry of State for Youth Affairs, which is charged with designing and implementing... Jun 15, 2016

Government | Middle East | Kuwait

Corporate Social Responsibility

Private sector and institutions engage community, pioneer development

Left: Sheikh Mohammed bin Abdullah Al Thani, General Manager and CEO, Ooredoo. Center: Salman Bin Abdulaziz Al-Badran, CEO, VIVA. Right: Dr. Qais S. Al Duwairi, Director General, Dasman Diabetes Institute

Across the country the private sector, together with academic and research institutions, is working to support community development and promote prosperity. Jun 13, 2016

Telecoms & ICT | Middle East | Kuwait


Development Fund expands support to 105th country

The Kuwait Fund has supported the financing of more than 900 projects in 105 countries

At the heart of its humanitarian and development program, the Kuwait Fund for Arab Economic Development (KFAED) has shared the nation’s wealth for... Jun 08, 2016

Government | Middle East | Kuwait

Kuwait Fund for Arab Economic Development

One of the world’s highest per-capita donors for humanitarian aid

HH the Amir of Kuwait, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, with UN Secretary General Ban Ki Moon

Ahead of the World Humanitarian Summit in Istanbul, Kuwaitis break all records as humanitarian donors. Jun 01, 2016

Government | Middle East | Kuwait

The growth of Kuwait

General contractor a big contributor to development

Al Hamra Tower, Kuwait’s tallest structure at 414 meters, was built by Ahmadiah. Courtesy of Ministry of Information

The growth of Ahmadiah has mirrored the growth of Kuwait. Today the construction company continues its significant contribution and partnership with the... Mar 24, 2016

Infrastructure | Real Estate | Middle East | Kuwait

The future of Kuwait's oil

Low oil prices present reform opportunity

HE Dr. Sheikh Mohammad Sabah Al-Salem Al-Sabah, Former, Minister of Foreign Affairs and Deputy Prime Minister (left), Faisal Ali Al-Mutawa, Chairman & CEO, Ali Abdulwahab Al Mutawa Commercial Co. (AAW) (right)

Kuwait is in the midst of transforming its economy from one reliant on oil, to a knowledge-based, diversified system led by a strong private sector  Mar 18, 2016

Industry & Trade | Middle East | Kuwait

The Sea City project

Sea City achieves the impossible

The Sea City project is under the patronage of HH Amir Sabah Al-Ahmad Al-Jaber Al-Sabah

The pioneering, private sector- led marine megaproject, Sabah Al-Ahmad Sea City, has transformed a vast area of salt marsh into an incredible waterfront... Mar 13, 2016

Infrastructure | Real Estate | Middle East | Kuwait

Kuwait Projects Company (KIPCO)

Group’s success shows measure of private sector potential

Faisal Al-Ayyar, Vice-Chairman (Executive) of KIPCO (left), KIPCO Tower in Kuwait City. Photo courtesy of Ministry of Information (right)

Kuwait’s most successful privately-owned group invests in real estate on the back of post-crisis expansion, while also heavily supporting education... Mar 07, 2016

Industry & Trade | Conglomerate | Middle East | Kuwait

Markaz: Kuwait Financial Center

Mr. Manaf Alhajeri

The Worldfolio speaks with Manaf Alhajeri about how Markaz is contributing to Kuwait’s... Jun 19, 2018

Towards a knowledge and innovation economy with numerous investment opportunities

H.E. Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah
Director General of Kuwait Direct Investment Promotion Authority (KDIPA)

The Worldfolio speaks to H.E. Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah about Kuwait’s... Jun 13, 2018

Education as the backbone of Kuwait’s Economic Development

H.E. Hamed M. K Alazemi, PhD
Minister of Education & Higher Education for the state of Kuwait

Minister Hamed Al-Azemi discusses initiatives to enhance the Education and Higher Education... May 17, 2018

Transforming Kuwait into a trade hub for the region

H.E. Khalid Naser Al-Roudan
Minister of Commerce & Industry of Kuwait

Minister Khalid Naser Al-Roudan discusses initiatives to enhance trade and to promote SMEs... May 16, 2018

Kuwait, building a knowledge-based economy through Vision 2035

Dr. Khaled A. Mahdi
Secretary General of the Supreme Council for Planning and Development

In January, the Kuwaiti government unveiled its blueprint for the future, New Kuwait Vision... Nov 03, 2017

Boursa Kuwait: maintaining a competitive edge

Mr. Khaled AlKhaled
Vice Chairman and CEO of Boursa Kuwait

Khaled AlKhaled, Vice Chairman and CEO of Boursa Kuwait, discusses the transformation of... Oct 24, 2017

Flexibility key to luxury retail growth

Abdul Mohsen Behbehani & Shahzad Gidwani
Director and General Manager, Trading Division, of Morad Yousuf Behbehani Group

The Worldfolio sits down with the leadership of the Behbehani Group, one of Kuwait’s... Jan 24, 2017

International acclaim for advanced R&D

Dr Qais S. Al Duwairi
Director-General of the Dasman Diabetes Institute

Recognized as a Center of Excellence and Reference for diabetes mellitus in the GCC region,... Apr 26, 2016

KRCS tackles rising health challenges with humanitarian practicality

Dr Hilal Al Sayer
Chairman of the Kuwait Red Crescent Society

Chairman of the Kuwait Red Crescent Society (KRCS) and former Minister of Health Dr Hilal... Nov 15, 2015

Gulfnet teams local knowledge with global tech as a one-stop ICT shop

Dr Ahmad Salih
CEO of Gulfnet Communications Co.

As technologies become increasingly complex and industries continue to converge, ICT partnerships... Nov 06, 2015

KDIPA raises local and foreign investment by streamlining a friendly and sustainable business environment

Sheikh Dr Meshaal Jaber Al Ahmad Al Sabah
Director General of the Kuwait Direct Investment Promotion Authority (KDIPA)

Sheikh Dr Meshaal Jaber Al Ahmad Al Sabah, Director General of the Kuwait Direct Investment... Nov 05, 2015

Health 2.0 tech sharpens focus on prevention and attitudes

Dr. Mussaad Al Razouki
Chief Business Development Officer at Kuwait Life Sciences Company (KLSC)

Dr. Mussaad Al Razouki, Chief Business Development Officer at Kuwait Life Sciences Company... Jul 16, 2015

Kuwait Center for Autism continues its integration across the Arab world

Dr. Samira Al-Saad
Founder & Director of the Kuwait Centre for Autism

Dr. Samira Al-Saad has run the Kuwait Center for Autism (KCA) for the past 20 years. Her... Jul 14, 2015

Collaborations bolster Kuwaiti–Mexican relations

Miguel Ángel Isidro Rodríguez
Ambassador of Mexico to Kuwait

Kuwait has long standing relations with Latin America and Mexico is one of five countries... Jul 06, 2015

Humanitarian hub encourages unity through education

Professor Moudi Al-Humoud
Rector of the Arab Open University

The Arab Open University (AOU) is the largest private institution for undergraduates in... Jul 06, 2015

Maged Gubr: Giving Mövenpick a competitive advantage

Maged Gubr
Movenpick Al Bidaa

Maged Gubr is an Egyptian hospitality expert who has made Mövenpick a prime tourism... Jun 09, 2015

The Middle East’s leading purveyor of quality food products

Mr. Marzouq Nasser Al-Kharafi
Chairman and Managing Director of Americana Company

Americana Company (Kuwait Food Company) is the Middle East and North Africa's most successful... May 07, 2014

Tackling Kuwait's Diabetes problem

Kazem Behbehani
Director General Dasman Diabetes Instiute

While Kuwait enjoys one of the best healthcare systems in the world, the country suffers of... Mar 27, 2014

Philanthropy and generosity at the heart of Kuwait

Hilal Al-Sayer
Deputy President of the Kuwait Red Crescent Society

Philanthropist Dr Hilal Al-Sayer is Deputy President of the Kuwait Red Crescent Society, Board... Mar 20, 2014

Al Imtiaz’s strength lies in its asset base

Khalid Sultan Bin Essa
Chairman of Al Imtiaz

Established in Kuwait in 2005, Al Imtiaz is an investment company that aims to meet the increasing... Mar 20, 2014

KCCI: Helping to boost Kuwaiti business

Ms. Wafa Ahmad Al-Qatami
Board Member of KCCI

Founded in 1958, the Kuwait Chamber of Commerce and Industry (KCCI) is a non-government institution... Feb 14, 2014


Middle East, bordering the Persian Gulf, between Iraq and Saudi Arabia


total: 17,818 sq km

land: 17,818 sq km

water: 0 sq km

country comparison to the world: 158


slightly smaller than New Jersey


total: 475 km

border countries (2): Iraq 254 km, Saudi Arabia 221 km


499 km


petroleum, fish, shrimp, natural gas


2,832,776 (July 2016 est.)

note: Kuwait's Public Authority for Civil Information estimates the country's total population to be 4,183,658 for 2015, with immigrants accounting more than 69%

country comparison to the world: 141


noun: Kuwaiti(s)

adjective: Kuwaiti


Kuwaiti 31.3%, other Arab 27.9%, Asian 37.8%, African 1.9%, other 1.1% (includes European, North American, South American, and Australian) (2013 est.)


Arabic (official), English widely spoken


Muslim (official) 76.7%, Christian 17.3%, other and unspecified 5.9%

note: represents the total population; about 69% of the population consists of immigrants (2013 est.)


conventional long form: State of Kuwait

conventional short form: Kuwait

local long form: Dawlat al Kuwayt

local short form: Al Kuwayt

etymology: the name derives from the capital city, which is from Arabic "al-Kuwayt" a diminutive of "kut" meaning "fortress encircled by water"


constitutional monarchy


name: Kuwait City

GDP (purchasing power parity):

$301.1 billion (2016 est.)

$293.7 billion (2015 est.)

$290.4 billion (2014 est.)

note: data are in 2016 dollars

country comparison to the world: 55

GDP - real growth rate:

2.5% (2016 est.)

1.1% (2015 est.)

0.6% (2014 est.)

country comparison to the world: 117

GDP - composition, by sector of origin:

agriculture: 0.4%

industry: 59.6%

services: 40% (2016 est.)

AGRICULTURE - products:



petroleum, petrochemicals, cement, shipbuilding and repair, water desalination, food processing, construction materials


$43.84 billion (2016 est.)

$55.32 billion (2015 est.)

country comparison to the world: 50

EXPORTS - commodities:

oil and refined products, fertilizers

EXPORTS - partners:

South Korea 14.5%, China 12.1%, India 12.1%, Japan 10.4%, US 7.6%, Pakistan 5.9%, Singapore 4.3% (2015)


$28.32 billion (2016 est.)

$27.34 billion (2015 est.)

country comparison to the world: 63

IMPORTS - commodities:

food, construction materials, vehicles and parts, clothing

IMPORTS - partners:

China 13.2%, US 9.6%, Saudi Arabia 7.7%, Japan 6.5%, Germany 5.1%, France 4.3%, India 4.2% (2015)

CRUDE OIL - production:

2.562 million bbl/day (2015 est.)

country comparison to the world: 9

CRUDE OIL - exports:

1.711 million bbl/day (2013 est.)

country comparison to the world: 8

CRUDE OIL - imports:

0 bbl/day (2013 est.)

country comparison to the world: 154

CRUDE OIL - proved reserves:

104 billion bbl (1 January 2016 es)

country comparison to the world: 6



Americana Group

Since its inception in Kuwait back in 1964, Americana...


Wataniya Telecom123 was commercially launched in...

Gulf Glass Manufacturing Company (GGMC)

In 1981 Gulf Glass Manufacturing co.(GGMC) Kuwait...


WARBA was established on 24.10.76 as a Kuwait Shareholding...



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