Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Politics

Sheikh Nawaf Al Ahmad Al Sabah, ruler of oil-rich Kuwait, dead at 86

by December 17, 2023
December 17, 2023
Sheikh Nawaf Al Ahmad Al Sabah, ruler of oil-rich Kuwait, dead at 86

The ruling emir of the oil-rich nation Kuwait, Sheikh Nawaf Al Ahmad Al Sabah, has died at the age of 86, just over three years after assuming power, Kuwaiti state TV announced.

His cause of death has not been revealed although the ruling emir was hospitalized last month ‘due to an emergency health problem’ but was later reported to be in stable condition.

The small Mideast nation, which is the holder of the world’s seventh-largest oil reserve, borders Iraq to the north and Saudi Arabia to the south, has seen internal power struggles behind palace doors.

Kuwait state television broke into programming with Quranic verses just before a somber official made the announcement.

‘With great sadness and sorrow, we — the Kuwaiti people, the Arab and Islamic nations, and the friendly peoples of the world — mourn the late His Highness the emir, Sheikh Nawaf Al Ahmad Al Jaber Al Sabah, who passed away to his Lord today,’ said Sheikh Mohammed Abdullah Al Sabah, the minister of his emiri court, who read the brief statement.

State-run news previously reported that he had traveled to the United States for unspecified medical checks in March 2021.

Sheikh Nawaf was named crown prince in 2006 and became emir in September 2020 following the death of his brother, Sheikh Sabah, who had ruled for more than a decade and shaped the state’s foreign policy for over 50 years.

Sheikh Nawaf was the nation’s defense minister when Iraq invaded and occupied Kuwait in 1990, sparking the beginning of the first Gulf War. Kuwait has been a strong U.S. ally since then.

Since he took over in 2020, Sheikh Nawaf has maintained a foreign policy that balanced ties with those neighbors, whilst domestically, eight governments were formed under his rule.

Sheikh Nawaf’s term was focused on domestic issues as the nation struggled through political disputes — including the overhaul of Kuwait’s welfare system — which prevented the sheikhdom from taking on debt. That policy left it with little in its coffers to pay bloated public sector salaries, despite generating immense wealth from its oil reserves.

In 2021, Sheikh Nawaf issued a long-awaited amnesty decree, pardoning and reducing the sentences of nearly three dozen Kuwaiti dissidents in a move aimed at defusing a major government standoff. He issued another just before his illness, aiming to resolve that political impasse that also saw Kuwait hold three separate parliamentary elections under his rule.

Crown Prince Sheikh Meshal al-Ahmad al-Sabah, 83, who has been Kuwait’s de facto ruler since 2021, when the frail emir handed over most of his duties, is the designated successor. He is Sheikh Nawaf’s half-brother. 

Kuwait has a population of around 4.5 million people, of which 1.45 million are Kuwaiti citizens. The remaining 3 million are foreign nationals from more than 100 countries.

Meanwhile, Egypt has declared three days of mourning over the passing of Sheikh Nawaf, according to Sky News Arabia.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
New travel system for Europe delayed again, to 2025
next post
African scientist could wipe out malaria by editing mosquito DNA

Related Posts

White House quietly walks back Biden’s comment on...

December 1, 2023

RFK Jr. challenges Trump to debate after ‘Democrat...

April 28, 2024

Trump bond set at $200,000 after Georgia indictment;...

August 22, 2023

UN appoints independent review of UNRWA amid allegations...

February 6, 2024

Three top takeaways from the Senate Energy committee...

September 8, 2023

Biden funding both sides of Israel-Hamas war

November 22, 2023

Fetterman scolds Dem colleagues for failing to condemn...

April 19, 2024

Boston plans homeless encampment crackdown, calls for new...

August 26, 2023

Republicans blast Biden State of the Union as...

March 8, 2024

How the 9 House Republicans running for speaker...

October 24, 2023

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Top 9 Nickel-producing Countries (Updated 2024)

      April 23, 2024
    • 6

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 7

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024

    Categories

    • Business (1,028)
    • Investing (2,046)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,347)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved