RIYADH: Saudi Arabia’s National Debt Management Center, also known as NDMC, issued a new Saudi riyal-denominated Sukuk worth around SR26.2 billion ($7 billion). The new issuance is part of the Sukuk Issuance Program, NDMC said in a press release. The issuance is divided into four tranches. The two tranches with a value of SR13.2 billion and SR8.5 billion have the longest