Saudi CMA in Talks to Change Foreign Ownership Caps on Local Stocks

The signal here is procedural rather than numerical: the CMA is deliberately avoiding a headline percentage it might later have to walk back, which suggests the constraint is inter-agency agreement rather than the regulator's own preference. That matters for foreign institutions sizing Saudi exposure, since ownership caps sit alongside other access rules in determining how much of a position can actually be built. The open question is whether the talks produce a single harmonised threshold across sectors or a patchwork of regulator-specific limits.