AREP

What moved

1. AREPVenture

   AREP raises an undisclosed pre-seed round

   InvestorsGolden Assets Investment

   A lab-science training and equipment marketplace for Saudi institutions closes its first disclosed round.

   Source: wamda.com Deal log entry

2. TalMalVenture

   TalMal lands an undisclosed pre-seed round

   InvestorsMM Partners

   A salary-backed purchasing platform connecting employees, employers and merchants raises money to grow its corporate network.

   Source: wamda.com Deal log entry

3. Saudi Arabia Railways (SAR)Sovereign and funds

   Saudi Arabia Railways signs CHF 254M export credit financing for 10 Stadler trains

   CHF 254M

   InvestorsKfW IPEX-Bank, Commerzbank, UBS Switzerland, Swiss Export Risk Insurance (SERV)

   The facility finances 10 five-car passenger trains and lifts the total Stadler order to 20 trains, signed during InnoTrans in Berlin.

   Source: lw.com Deal log entry

4. Capital Market AuthorityPolicy and regulation

   CMA opens consultation on tighter underwriting and bid rules for IPOs

   Draft rules would require signed underwriting before book building, liquidity-verified binding bids and one year of forward-looking disclosure, with comments open until October 22.

   Source: enterpriseam.com Deal log entry