Bloomberg An upsurge in fake news, hate speech and ethnic-profiling after Kenya’s Supreme Court nullified the presidential election risks undermining the East African country’s constitution and institutions, the embassies of the US, UK and 14 other nations said. Kenyan authorities should hold to account those responsible for incitement and ensure the safety of those wrongly attacked, including people working at …

Bloomberg / Reuters Saudi Arabia raised 7 billion riyals ($1.9 billion) from domestic sukuk sales as the kingdom seeks to bolster its finances amid an economic overhaul and lower oil prices. The government received more than 24 billion riyals in bids for its third riyal-denominated Islamic bond sale, according to a statement on the Ministry of Finance’s website. It raised …

Bloomberg Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest oil exporter pushes a program to curtail public spending after a global slump in prices. The government would boost gasoline to parity with varying international prices under the plan, according to a person with knowledge …