العربية
Arabian Auction Organizes First Auction in Bahrain
April 13, 2017 | Al Bayan
Mazad, which is affiliated with Bahrain Holding Company “Mumtalakat,” signed a cooperation agreement with Arabian Auction Bahrain, a subsidiary of Emirates Auction, to manage and organize the country’s first public auction of 50 special private car license plate numbers, taking place today.
This auction marks the inaugural activity for Arabian Auction Bahrain, the recently established Bahraini company operating under Emirates Auction. It is also the first event for Mazad, operating under Bahrain Holding Company, responsible for overseeing auctions by contracting with experienced global auction companies.
The agreement was signed by Talal Aref AlArifi, CEO of Mazad, and Abdulla Matar Al Mannaei, Chairman and Managing Director of Emirates Auction, in the Bahraini capital, Manama.
Al Mannaei stated that this agreement is an excellent, promising opportunity to kickstart operations in the Kingdom of Bahrain in partnership with Mazad.
This article is translated and not the actual content.
