Anglo-Kuwaiti Agreement of 1899 Following their successful 1871 Najd expedition, the Ottomans solidified their influence over Kuwait. In 1892, Muhammad Al-Sabah ascended to the Kuwaiti throne. Mohammad's ineptitude as a ruler led to a gradual emergence of his brother in law Yusuf bin Abdullah Al–Ibrahim as an éminence grise. Al–Ibrahim went on to pursue Turkophile policies, which alienated the nationalist circles of Kuwait's society. In May 1896, Mohammad was assassinated by his half brother Mubarak Al-Sabah who then seized power. The Ottomans believed that the revolt was a part of a larger British plot to create a Pan-Arab anti-Ottoman alliance. The Ottomans cited Mubarak's
Historiography of the fall of the Ottoman Empire in the Balkans hastened the slide into bankruptcy. After negotiations with the European powers, the Public Debt Administration was set up, to which certain revenues were assigned. This arrangement subjected the Ottomans to foreign financial control from which they failed to free themselves, in part because of continued borrowing. In 1914, the Ottoman debt stood at 139.1 million Turkish pounds, and the government was still dependent on European financiers Why had the Ottomans not developed their own financial system in line with London and Paris? It was not for the want of trying. Since the beginning of the 18th century,