GulfBase Live Support
21/04/2026 05:45 AST
Kuwait has declared force majeure on shipments of crude oil ?and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering ?the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported, citing a document.
State-run Kuwait Petroleum Corp notified customers on ?Friday (April 17) ?that it was invoking a contract clause allowing it to withhold scheduled deliveries, the ?report said.
It added that the decision is not expected to ?result in a complete halt in supply.
Trade Arabia
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21/04/2026
Oman's central bank raised OMR9.2 million by way of allotting treasury bills on Monday. The value of the allotted Treasury bills include OMR5 million for a maturity period of 28 days.
The a
Times of Oman
21/04/2026
More than 105,500 Bahraini private-sector workers could have their April salaries paid directly from the Unemployment Fund if a proposal gets approved.
The initiative, costing up to BD100 mi
Trade Arabia
21/04/2026
DEMA Energy, a Saudi energy technology company, on Monday officially inaugurated its Grid-Balancing Optimisation Pilot Project using large flexible loads (LFL) in Dreez, Ibri.
The 15MW pilot
Muscat Daily
21/04/2026
Oman's non-oil exports made a strong start to 2026, rising 11.4% year-on-year in the first two months to RO1.129bn, compared with RO1.013bn in the same period of 2025, according to preliminary data r
Muscat Daily
21/04/2026
Qatar General Electricity and Water Corporation (Kahramaa) has invited bids for a major 2026 expansion of the country's power transmission system.
The tender covers an engineering, procurem
Trade Arabia