General Resources Authority in Ras Al Khaimah Signs Memorandum of Understanding with Emirates Auction

Ras Al Khaimah, March 6 / WAM / His Excellency Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of Ras Al Khaimah Police, and His Excellency Jamal Ahmed Al Tair, Chairman of the Board of Directors of the General Resources Authority in Ras Al Khaimah, attended the signing ceremony of the memorandum of understanding this morning at the Waldorf Astoria Hotel. The agreement between the General Resources Authority and Emirates Auction pertains to organizing public auctions for the sale of distinctive vehicle numbers.

The agreement was signed on behalf of the General Resources Authority by His Excellency Engineer Yahya Jaber Al Shamsi, Acting Director General, and on behalf of Emirates Auction by His Excellency Abdullah Matar Al Mannaei, Executive Director of Emirates Auction.

Yahya Al Shamsi stated that this agreement comes as part of the General Resources Authority in Ras Al Khaimah’s efforts to provide the best services to the public according to the highest international standards and to ensure equal opportunities for all, especially those interested in purchasing and owning distinctive vehicle numbers. For this reason, the Authority has partnered with the largest and most prestigious auction company in the country, Emirates Auction, due to its long-standing expertise in selling distinctive numbers and its position as a leading and specialized company in this field across the UAE. Consequently, it has been granted the privilege of selling all distinctive numbers across various categories.

The Acting Director General highlighted that the agreement aligns with the Authority’s policy and strategy aimed at building internal and external partnerships to achieve its objectives according to its established plans. He added that the Authority adopts a documented and regulated methodology for managing relationships with partners, categorized into three groups: partners in strategic objectives, partners in operations and services, and partners in knowledge and expertise exchange. This is what the General Resources Authority aims to achieve this year and will continue to implement in pursuit of the public interest.

For his part, His Excellency Abdullah Matar Al Mannaei, Executive Director of Emirates Auction, explained that signing this memorandum serves the interests of all parties and achieves the desired goals. All distinctive vehicle numbers will be sold through live public auctions, as well as electronic and smart auctions, enabling individuals from across the UAE and beyond to participate in bidding with ease and convenience. He noted that Emirates Auction has achieved widespread reach across the country and manages numerous auctions for distinctive numbers for various entities, authorities, and government departments in the UAE.

It is noteworthy that Emirates Auction boasts 12 years of experience in this field and is the first company worldwide to organize electronic auctions for the sale of distinctive vehicle numbers.

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*This article is translated and not the original content.*