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Ali Al Salem Air Base (ICAO: OKAS) is a military air base situated in Kuwait, approximately 23 miles (37 km) from the Iraqi border, and roughly 15 km west of Al Jahra.The airfield is owned by the Government of Kuwait, and hosted the Royal Air Force (RAF), United States Air Force (USAF), and United States Marine Corps (USMC) personnel and aircraft during Operation Southern Watch and Operation ...
Kuwait is a high-income economy, backed by the world's sixth largest oil reserves. Kuwaiti popular culture, in the form of theatre, radio, music, and television soap opera, is exported to neighboring Gulf Cooperation Council (GCC) states. [24] Kuwait is a founding member of the GCC and is also a member of the UN, AL, OPEC and the OIC.
Kuwait was consistently overproducing; in part to repair infrastructure losses caused by the Iran–Iraq War attacks on Kuwait and to pay for the losses of economic scandals. The result was a slump in the oil price – as low as $10 per barrel ($63/m 3 ) – with a resulting loss of $7 billion a year to Iraq, equal to its 1989 balance of ...
The Kuwait Liberation Medal (Arabic: وسام التحرير Wisām al-Taḥrīr, English: Liberation Medal, lit. ' Medal of Liberation ') is a medal created in 1994 that was issued by the government of Kuwait to both local and foreign military personnel who served in the Gulf War's "Liberation of Kuwait" campaign phase of 1990 and 31 August 1993.
Oil production was 1.5 million barrels per day (240 × 103 m 3 /d) by the end of 1992, and pre-war capacity was restored in 1993. Kuwait's production capacity is estimated to be 2.5 million barrels per day (400 × 103 m 3 /d). Kuwait plans to increase its capacity to 3.5 million barrels per day (560 × 103 m 3 /d) by 2005..
Al Mulla Group is a diversified privately held business group based in the State of Kuwait with operations in 8 countries. With over 15,000 employees working in more than 40+ companies, Al Mulla Group today has affiliations with over 200 leading international brands and companies. The Group's operations include automotive and heavy equipment ...
Kuwait City (Arabic: مدينة الكويت) 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.
Kuwait Investment Authority. AUM. US$980 billion (July 2024) The Kuwait Investment Authority ( KIA) is the Middle East 's oldest sovereign wealth fund, managing the state’s reserve and the state’s future generation fund (FGF). Founded in 1953, the KIA is the world's oldest sovereign wealth fund. [ 1] As of October 2023, it is the world's ...