Saturday 2 August 2014
 
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Auction

Ooredoo’s VIP number auction raises $8m

Qatar telecommunications company Ooredoo held a VIP charity auction for 50 special telephone numbers on Tuesday, which saw the overall figure raised on the night reach QR30.16 million ($8.28 million). VIP guests and customers were

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100-carat yellow diamond nets $16.3m

A 100-carat yellow diamond has sold for 14.5 million Swiss francs ($16.3 million) to a private buyer, the star lot in a Geneva jewellery sale that Sotheby's auction house said fetched 125.5 million francs overall. The "Gr

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Space capsule to be auctioned for up to $2m

A unique piece of aerospace history being auctioned off by a Bahrain-based company could fetch up to $2 million.   The Soviet space capsule, which circled the earth twice in 1977 and 1978, was most recently on di

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Christie's Dubai auction nets $10m

Art enthusiasts in Dubai competed for the 140 art works at Christie's auction, which were sold for a total of $10.6 million (Dh39.1 million), an increase of 65 per cent on last year’s sale.   Christie&r

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Egypt sells 1-year dollar bills, yields fall

The Egyptian government sold $1.1 billion of one-year dollar treasury bills at an auction on Monday, with the average yield dropping to 2.474 per cent, the central bank said. Submitted bids amounted to $1.37 billion. The Ministry

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EMart auction features $51m properties

The Dubai Land Department said its online real estate portal eMart is set to conduct its third auction featuring five high-end commercial and residential properties worth Dh190 million ($51.7 million). Sultan Al Akraf, senior dire

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Iraq to auction 3G licences for $307m

Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307 million each, sources familiar with the matter said, a move that could allow new entrants into the sector but slow the rollout of mobile Internet servi

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Jeddah Art Week to feature top regional artists

Jeddah Art Week, a major art exhibition, will feature highly sought-after masterpieces by some of today’s most celebrated artists from the region when it opens this weekend. International auction house Sotheby’s is ret

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EMart auction sells $7.5m worth properties

EMart, an online portal run by the Dubai Land Department, sold seven commercial and residential properties worth Dh27.6 million ($7.5 million) at its second auction recently. Auctioneers gathered in the hall reserved for them by t

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Iraq delays oil project auction to June 19

Iraq has delayed for the second time an international tender for the development of its Nasiriya oil field and the construction of a new refinery to June 19, the oil ministry said on Tuesday. The bidding auction had first been sch

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