Middle East & Africa Reg Desk

Monday, 2026-09-21 · covering the last 72h

Gulf

Saudi CMA's circular capping money-market funds' foreign investment at 5% of NAV (18 September) remains the latest development, unchanged this window. No other material items from UAE SCA/DFSA/FSRA/DFM/ADX, Qatar QFMA/QSE, Kuwait CMA/Boursa Kuwait or Oman/Bahrain, 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

FTSE Russell restores Nigeria to Frontier Market status. The reclassification from "Unclassified" took effect at today's market open, crediting NGX's June shift from T+2 to T+1 settlement and improved FX liquidity and repatriation conditions; FTSE ran a special follow-up review after investors flagged prefunding concerns under the faster cycle and found no material settlement or funding issues. An index-provider classification rather than a domestic rule change, but a market-access milestone tied directly to Nigeria's settlement and FX reforms. NGX Group notice

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

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