-
Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction
ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023 auction for Clean Energy Certificates (CECs) here, with registration now open and the auction closing on December 14 2023. Introduced by the Abu Dhabi Department of Energy (DoE), CECs are...
-
Messi’s World Cup jerseys up for $10m auction
If the jerseys sell for above $10m, that could make the sale the most valuable collection of sports memorabilia ever auctioned off, Sotheby's said. -
Two falcons sold for $41,067 at Saudi Falcons Club Auction
Riyadh, Saudi Arabia - Two falcons were sold for 154,000 Saudi Riyals ($41,067) amid a large turnout of falcon enthusiasts and breeders from the Kingdom and the region on the 16th night of the auction, held in Riyadh. Both falcons are young peregrines. The first, from Hail city, was sold... -
Falconers meet in Abu Dhabi for special auction from Sept 2-8
Abu Dhabi, UAE -- Following the success of the Falcon Auction in the last edition of Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) in 2022, the Emirates Falconers' Club is preparing a special auction this year from 2-8 Sept. 2023. The previous edition witnessed the purchase of the most... -
Ruby gemstone sells for record $34.8 million
The 55.22-carat gemstone named Estrela de Fura was already the largest ruby ever to go under the hammer. It was cut from a 101-carat rough stone discovered in July last year at the Montepeuz ruby mine in Mozambique operated by the Fura Gems company. -
Saudi Arabia’s RVCMC to hold biggest carbon credit auction in Nairobi
The event on Jun 14 aims to sell more than 2 million tons of high-quality CORSIA carbon credits registered with Verra, which manages a variety of carbon offset programs, including the Verified Carbon Standard. More than 15 companies from Saudi Arabia and other countries will participate in the auction. -
Only one of its kind wooden Citroen 2CV sells for $225,000
Carpenter Michel Robillard crafted the wooden 2CV's wings out of walnut and its chassis from pear and apple tree wood, with the same famous curves as the post-war French classic. -
Controversial sale of jewels with Nazi links fetches US$200 million
The extraordinary collection belonged to Heidi Horten who died last year aged 81, with a fortune of $2.9 billion, according to Forbes. A report published in January 2022 by historians commissioned by the Horten Foundation said Heidi Horton's husband Helmut Horton, who died in Switzerland in 1987, had been a member... -
Rare Hebrew Bible, Rousseau up for sale in New York
At Christie's, the star lot is Henri Rousseau's "Les Flamants," which is set to smash the record price at auction for the renowned French post-impressionist painter. -
T-Rex skeleton set for auction an ‘art installation’
Palaeontologist Thomas Holtz terms it "misleading" to combine multiple real bones from different individuals to create a single skeleton. -
Musk-owned Twitter sells bird statue for $100,000 in auction
An online auction of "surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter's bird logo, which brought in a winning bid of $40,000, Heritage Global Partners auction service confirmed. -
ADAFSA launches first livestock auction market in Abu Dhabi
ABU DHABI, UAE - The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has announced the launch of the first permanent livestock auction market in Abu Dhabi to help breeders market their animals, develop the livestock sector and promote self-sufficiency. During a press conference, ADAFSA announced that the first auction... -
Warhol piece sells for $85m at New York auction
The last time a piece of art from Warhol's "Death and Disaster" series was sold in 2013, it set a record for the artist at $105 million. -
Qatar Central Bank issues treasury bills, sukuk worth $1.6 billion
Doha--The Qatar Central Bank (QCB) has issued Treasury Bills and Sukuk for periods of one week, one month, three, six and nine months worth QR 6 billion ($1.6 billion), and the auction attracted a record amount of bids totaling QR 9.75 billion. In a statement, QCB stated that the treasury... -
Maradona ‘Hand of God’ jersey to go on display in Qatar
The shirt, which sold for $9.3 million to a secret buyer, has been loaned to Qatar's 3-2-1 sports museum and will go on display from Sunday until April 1. -
45 types of dates on auction at Buraidah Dates Festival in Saudi
More than 45 types of dates have been placed at the auction grounds at the Buraidah Dates Festival, which began on Sunday in Buraidah, the city of dates. The auction yards also witnessed the arrival of more than 3000 thousand cars and 950 tons of dates within three days, and... -
Vintage Mercedes sold for $143m at auction
A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping $143 million, making it the most expensive car ever sold. -
Warhol portrait of Marilyn Monroe fetches $195m
The painting beat the previous record for a 20th-century work, Pablo Picasso's Women of Algiers, which sold for $179.4 million in 2015. -
David Cronenberg puts kidney stone pic on sale
The director has put up a picture of his newly removed kidney stones for sale for $30,000 as an NFT. -
UAE launches Dirham-denominated Treasury Bonds worth $400 million
The UAE has launched conventional AED denominated Treasury Bonds (T-Bonds) with benchmark auction size of AED1.5 billion ($400 million). The bonds were launched by the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent. Subject to... -
Marilyn Monroe portrait may fetch $200m at auction
Christie's said it expects Andy Warhol's 1964 "Shot Sage Blue Marilyn" to become the most expensive 20th century artwork when it goes under the hammer in New York in May. -
‘Hey Jude’ NFT fetches $77k at auction
Originally entitled "Hey Jules", the Fab Four's hit was written in 1968 by Paul McCartney to comfort a young Julian Lennon during father John's separation from his mother. -
Abu Dhabi Judicial Department sells 787 cars for $5 million at auctions
The Abu Dhabi Judicial Department (ADJD) has organized five-car auctions at the Al Mafraq vehicle impound area over the past three months in which 787 cars of different types were sold. The vehicles were sold at competitive prices ranging from AED2,000($544.51) to 255,000($69424.77) and yielded a total of AED18.5m ($5m)... -
Saudi central bank to use Bloomberg for repo operations from January
Bloomberg's Auction System is a part of Bloomberg's enterprise solution for central banks and government financial agencies. -
Picasso masterpieces fetch $108.9 million
Eleven masterpieces by Pablo Picasso fetched $108.9 million at a Sotheby's auction in Las Vegas on Saturday. Two iconic portraits from the last years of the painter's life were also sold. -
American falcon sells for $467,000 in Saudi auction
The falcon was 16.5 inches both long and wide, and weighed 980 grams. -
Iranian artworks fetch over $10m during Tehran Auction
A total of 120 lots of modern and contemporary Iranian works of art were offered during the auction at Tehran’s Parsian Azadi Hotel. -
Saudi falcon sells for $72,000, setting record
The sale took place at the International Falcon Breeders Auction or IFBA at the Saudi Falcons Club or SFC in Malham, North of Riyadh. -
Saudi Arabia to auction mining licenses in 2022
World’s biggest oil exporter looks for foreign investments into a sector that has $1.3 trillion in untapped potential reserve value Saudi Arabia’s mining industry has already attracted some major foreign investors Saudi Arabia intends to auction two major mining licenses in 2022 for gold, copper, and zinc as the world’s...