Middle East & Africa Reg Desk

Friday, 2026-09-18 · covering the last 24h

Gulf

Saudi CMA caps money-market funds' foreign investment at 5% of NAV. A circular to capital market institutions directs managers of public money-market funds to hold no more than 5% of NAV outside the Kingdom, and requires foreign counterparties to carry an investment-grade rating. Funds currently above the cap get up to two years to rebalance, cut to six months for funds above 20% foreign exposure; managers must halt new investments that would raise foreign exposure during the transition. Tightens cross-border rules for a fund segment CMA's 2025 annual report put at roughly SAR 77bn. Coverage (secondary; CMA's own circular text not independently reachable)

No other material items from UAE SCA/DFSA/FSRA/DFM/ADX, Qatar QFMA/QSE, Kuwait CMA/Boursa Kuwait or Oman/Bahrain in the window, and no new regulatory circulars from CBUAE, QCB or CBK.

Israel

No material ISA, TASE or Bank of Israel rule items in the window.

Africa

No material items from South Africa FSCA/JSE/SARB, Egypt FRA/EGX/CBE, Nigeria SEC/NGX/CBN, Kenya CMA/NSE/CBK or Morocco AMMC/Bank Al-Maghrib in the window.

Informational only — summaries of public regulatory and central bank sources; not advice.