The Market Wrap.

Middle East & Africa Reg Desk

Wednesday, 2026-09-16 · covering the last 24h

Gulf

Saudi CMA caps money market funds' foreign holdings at 5% of NAV. The Capital Market Authority circularised capital market institutions with a new limit on public money market funds' assets held or invested outside the Kingdom, capping foreign exposure at 5% of NAV and requiring foreign counterparties to carry investment-grade ratings. Funds currently above the threshold get up to two years to comply, with a faster six-month corrective path for funds above 20%. Coverage (secondary; CMA circular not independently reachable)

No other material items from Saudi Tadawul, 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 SAMA, 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.

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