KUWAIT: symbol of wealth and rational economy

2024-05-31

Location and area

The State of Kuwait is located in the north-western corner of the Gulf between latitudes 28.30 – 30.06 north and longitudes 46.30 – 48.30 east. It is bordered to the north and northwest by the Republic of Iraq, to the south and southwest by the Kingdom of Saudi Arabia, and to the east it is bordered by the Arabian Gulf. Kuwait is commercially important due to its location as a natural outlet to the north-east of the Arabian Peninsula. The State of Kuwait covers an area of 17,818 square kilometres. Kuwait celebrates its Independence Day on February 25th and Liberation Day from the Iraqi invasion on February 26th every year.

The nine islands belonging to the State of Kuwait are: Failaka Island, Bubiyan Island, Miskan Island, Warbah Island, Auhah Island, Umm al Maradim Island, Umm an Namil Island, Kubbar Island and Qaruh Island.

System of government

Kuwait has been an independent country since 1961, and has had its constitution since 1962. It has a democratic Amiri system of government. His Highness the Amir of the State is the ruler of the country. Kuwait’s National Assembly must enact the country’s laws. The number of members of the Assembly has been 50 since the first election in 1963 and has not changed since then, chosen by the people in free and fair elections. The authorities in Kuwait are divided into the legislative, executive and judicial branches, and the Amir is the head of all authorities. Kuwait’s system of government is monarchical and constitutional. It derives its legitimacy from the Kuwaiti Constitution. Thus, the authority is transferred between the members of the ruling family; the family of Mubarak Al-Sabah. The title of the ruler in Kuwait is Amir, and he rules through the cabinet. Decrees are not carried out unless approved by the Amir. Only the Amir can grant pardons. Kuwait’s system of government is both parliamentary and presidential, as all laws passed by the Kuwaiti National Assembly have to be signed by the Amir within one month to become effective.

Population & currency

As of 30th June 2023, the population of the State of Kuwait was approximately 4,823,698, of whom 1,531,114 were Kuwaiti nationals and the rest were expatriates and foreigners. The currency of the State of Kuwait is the Kuwaiti Dinar.

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