Sept 23 (Reuters) - Saudi Arabia's Capital Market

Authority is close to easing rules that cap foreign ownership of

listed companies at 49%, Bloomberg News reported on Tuesday,

citing Abdulaziz Abdulmohsen Bin Hassan, a member of the board

that governs the regulator.

"I think we're almost there," he said in an interview this

month. "It could come into effect before the end of the year.",

the report said.