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Kuwait: Persian Gulf
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Kuwait is a constitutional monarchy and has the oldest directly elected parliament of the Persian Gulf Arab countries. The head of state is the Emir or Sheikh, a hereditary office. The Emir appoints the prime minister, who until recently was ... the crown prince. A council of ministers aids the prime minister in his task as head of government which must contain at least one elected member of the parliament. The number of ministers must not exceed one-third of the elected members of the parliament.
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Oil was discovered there in the 1930s, and Kuwait proved to have 20% of the world's known oil resources. Since 1946 it has been the world's second-largest oil exporter. The sheik, who receives half of the profits, devotes most of them to the education, welfare, and modernization of his kingdom. In 1966, Sheik Sabah designated a relative, Jaber al-Ahmad al-Sabah, as his successor. By 1968, the sheikdom had established a model welfare state, and it sought to establish dominance among the sheikdoms and emirates of the Persian Gulf.
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Hempel Paints (Kuwait) manufactures paint and coatings for marine, offshore, container, yacht, building and decorative segments, material and tools for surface preparation and applications for such coatings. The company is a Kuwaiti-Danish joint venture between the Al-Rashed family, United Industries and Hempel Marine Paints (Denmark). As a market leader in Kuwait’s paint industry, Hempel Paints (Kuwait) is the first paint producing company in the State of Kuwait to be ISO 9001 certified. The paint factory was the first to be established in the Gulf Region 34 years ago and is exporting first quality paint products to Jordan, Lebanon and Syria. The Al-Rashed family is a major shareholder in all Hempel Paints companies in the Gulf Region.
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The Kuwaiti oil fires generated a host of environmental crises, which effected the air, land, and water in Kuwait and around the Gulf. The burning oil wells released harmful gases and oxides into the atmosphere, and generated enormous smoke plumes that carried soot and ashes over great distances (almost 1,600 kilometers). The oil fires caused almost one and one half billion barrels of oil to flow in to the Persian Gulf, which covered almost 440 miles of Gulf coastline. The contamination of the Gulf threatened the existence of a diverse expanse of animal life,
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Since liberation from Iraq, Kuwait has made efforts to secure allies throughout the world, particularly UN Security Council members. In addition to the United States, defense arrangements have been concluded with the United Kingdom, Russia, and France. Ties to other key Arab members of the Gulf War coalition--Egypt and Syria--... have been sustained.
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The Gulf state of Kuwait plans to spend 51 billion dollars over the next five years to upgrade its vital energy sector which generates 95 percent of its revenue, a top oil executive said Monday. up until early 2013," said Saad al-Shuwaib, chief executive officer of national conglomerate Kuwait Petroleum Corp (KPC). The projects include
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