INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Two falcons sell for $81,300 at Saudi Falcons Club Auction

The Saudi Falcons Club Auction reflects Saudi Arabia's deep-rooted falconry traditions.
  • On its tenth night, the Saudi Falcons Club Auction saw two falcons sell for over $81,000, underscoring the nation’s dedication to cultural preservation.
  • The Saudi Falcons Club Auction highlights cultural heritage, with top falcons fetching impressive bids as part of Saudi Vision 2030.

Riyadh, Saudi Arabia – Two falcons were sold for a combined total of $81,300 (SAR305,000 ) on the tenth night of the Saudi Falcons Club Auction 2024, held at the club’s headquarters in Malham and running through November 15.

The auction began with a Shaheen falcon from Al-Shuaibah. Owned by Saud, Ali, Saleh, and Nawaf Al-Shanbari. The falcon had a starting price of approximately $18,669 (SAR70,000). After significant bidding, it was sold for around $40,005 (SAR150,000).

The night concluded with a second falcon from Haradh town. This falcon, which had eight owners, started with a bid of about $21,336 (SAR80,000) and ultimately sold for approximately $41,338 (SAR155,000).

The Saudi Falcons Club Auction is the largest official falcon auction in Saudi Arabia, promoting Saudi Arabia’s cultural, historical, and economic heritage as part of the nation’s Saudi Vision 2030 goals.