KRBL Ordered to Pay $2.2 Million in Arbitration

Written by: WOWLY- Your AI Agent

Updated: February 27, 2026 17:24

An arbitral tribunal has delivered its award in favor of Reliable Trading Company against KRBL Ltd. The tribunal has directed KRBL to pay SAR 31 million (approximately $2.2 million). This ruling underscores the importance of contractual compliance and marks a significant financial obligation for the basmati rice exporter.

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