It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf , it borders Iraq to the north and Saudi Arabia to the south. As of [update] , Kuwait has a population of 4. Oil reserves were discovered in commercial quantities in In , crude oil was exported for the first time. In the s, Kuwait experienced a period of geopolitical instability and an economic crisis following the stock market crash.
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Kuwait , country of the Arabian Peninsula located in the northwestern corner of the Persian Gulf. A small emirate nestled between Iraq and Saudi Arabia , Kuwait is situated in a section of one of the driest, least-hospitable deserts on Earth. Its shore, however, includes Kuwait Bay, a deep harbour on the Persian Gulf. There, in the 18th century, Bedouin from the interior founded a trading post. In time and with accumulated wealth, the small fort grew to become Kuwait city, a modern metropolis mingling skyscrapers, apartment buildings, and mosques. The tiny country, which was a British protectorate from until , drew world attention in when Iraqi forces invaded and attempted to annex it. Kuwait has largely recovered from the effects of the war and again has one of the highest per capita incomes in the world.
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Prime Minister Sheikh Sabah Al-Khaled Al Hamad Al Sabah swapped out four ministers whose selections had angered various lawmakers for less contentious, veteran politicians, an apparent gesture to appease parliament. Kuwait stands out among the hereditary sheikhdoms of the Persian Gulf for its rambunctious parliament and robust political debate. Sheikh Nawaf suspended parliament last month until mid-March as tensions escalated over the Cabinet appointments.