The Kingdom of Saudi Arabia is all set to start issuing regular riyal-denominated Islamic papers, a move likely to boost the local Sukuk market and fortify its position in the global Sukuk landscape among heavyweights Indonesia and Malaysia while simultaneously providing the Islamic financial community with much-needed avenues to manage excess Shariah liquidity.

The government of Gambia has re-established diplomatic relations with mainland China after 21 years.

The government of Gambia has re-established diplomatic relations with mainland China after 21 years.