History of Kuwait When we go through the History of Kuwait, while taking a look at the Kuwait Travel Guide, we come to know that beginning of the formation of modern day Kuwait started in the 16th century and was completed in the 18th century. Kuwait's history shows that various tribes from Middle Eastern countries and also from Egypt and Syria came and made a settlement at the area known as 'Kuwait Bay'. They mixed together to form a new tribe known by the name 'Bani Utub'. The tribe took up trading as their means of survival, the main trade being pearl diving. They were also into spice trading with India. Soon after in the 18th century, they started to make living through pearl diving and selling.After the formation of the colony came the choice of ruler and the ruling dynasty which from that time till today is ruling Kuwait descended from Sabah I. It was his duty to administer the state and foreign affairs. The process by which the Al-Sabah family was chosen as the hereditary ruling dynasty of Kuwait is known as "mubaya'a".History of Kuwait took another turn during the Anglo-Ottoman Convention of 1913. At this time the British along with the Turks defined Kuwait as a part of the Ottoman Empire. However, after World War I, the earlier Anglo-Ottoman Convention was held null and void and Kuwait was declared as an 'independent sheikhdom'. British government was held as the 'protectorate of the country'.Discovery of oil changed the course of Kuwait's History both politically and economically. It became one of the richest countries of Middle East and in 1953 it earned the achievement of becoming the largest exporter of oil in the Persian Gulf. Soon afterwards Kuwait earned its liberation in 1961. Though Iraq tried to play spoilsport it could not do much since its plans of invasion was disrupted by the British.History in Kuwait took another turn, this time for economic downfall with the Souk Al-Manakh stock market crash in 1982. Another major event in Kuwait's History is the Iran Iraq War where Kuwait allied with Iraq till 1988 and paid money to her to get protection from Iran's threat of invasion. But as luck could have it Kuwait was invaded and annexed by Iraq in 1990. Iraq's justification was that Kuwait was in fact an Iraqi province. Kuwaiti monarchy was deposed after the Iraqi invasion and the new governor of Kuwait, Ali Al-Majid took up the reins in his hand. History of Kuwait passed through this dark phase with the help of the thirty-four nations' coalition led by America, which was able to free Kuwait after six weeks of fighting in 1991. Iraqi forces withdrew after setting fire to the oil wells of Kuwait and making severe damage to the infrastructural facilities of Kuwait. Kuwait again became independent and is still so under the ruler Sabah Al-Ahmad Al-Jabir Al-Sabah who ascended the throne on 29 January 2006