Abu Dhabi: Car number plate 11 fetched Dh8 million in a charity auction conducted by Abu Dhabi Police on Saturday evening.Saeed Al Khouri, 25, won the number ‘11′ after competing with his relative, Talal Ali Mohammad Khouri.The latter is a businessman who had bid for the plate numbers with the highest price during the last three [...]

Souq.com, the leading online auction site in the UAE and a member of the Maktoob group of companies, has been named the official auctioneer of the first Intenational Pearl convention (IPC), to be held from 18 to 22 November 07 under the patronage of Her Highness Sheikha Fatima bint Mubarak, Supreme Chairperson of the Family [...]

A charity auction has been held at the Dubai International Financial Centre for the benefit of the Dubai Care Campaign , where Dh105 million was raised.
The auction was held under the patronage of Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, the Chairman of Dubai Executive Council.
A number of pictures and paintings were auctioned, and [...]

The ‘Dubai Cares’ campaign, meant to drive the U.N. Millennium Development Goal to achieve universal primary education by 2015, will receive an extra boost as proceeds from the auction of two prime Dubai World Central (DWC) plots in Jebel Ali will be donated to the noble cause.
The auction will take place on Tuesday 6th of [...]

Christie’s second auction of Contemporary Jewels and Watches held at the Jumeirah Emirates Towers Hotel in Dubai sold for a total of AED 60.6 million.
The combined total for the two auctions staged in Dubai this week, which included last night’s record-breaking sale of International Modern and Contemporary Art is AED 116.5 million. Both sales benefited [...]

The auction house Christie’s staged its third sales “season” in Dubai this week, reaping $15.2 million for international modern and contemporary art, and $16.5 million for contemporary watches and jewels, substantially outperforming the firm’s previous auctions in both categories. The success of the evening sales, which took place Wednesday and Thursday at the Emirates Towers [...]

The weekly Ramadan Charity Auction, the first-of-its-kind auction at any shopping centre in the UAE, was held over four weeks and reiterated the spirit of sharing and giving during the holy month.
The Sahara Ramadan Charity Auction was conducted live in the mall with a wide array of luxury items like cars, home theatre systems, [...]

London-based company Bonhams has opened its first sales office in the Middle East, showing an increasing trend for art sales in the Gulf. Allegedly driven by regional collectors looking to enhance privately owned residential and commercial properties, the art market is currently strong and of growing importance to international auction houses. The decision to locate [...]