Monday 20 August 2018
 
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Auction

The Pearl of Bahrain watch auctions for over $250,000

A rare 1958 Patek Philippe watch has been auctioned off for CHF 250,000 ($253,360) at Christie’s Rare Watches auction, which was held at the Four Seasons Hotel des Bergues last month. Labelled 'The Pearl of Bahrain',

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Il Ponte auction to include rare jewellery

The eagerly awaited jewellery auction at Il Ponte Casa d'Aste, Milan, will return on May 16 and 17.    The auction includes some standout pieces formerly belonging to noble families from Venice, Milan, B

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Amwaj Gateway project to go under hammer for 5th time

Amwaj Gateway, a beachfront project in Bahrain, will go under the hammer for a fifth time after M Tech Services, which had successfully bid BD22.5 million ($60 million) for the stalled property, failed to meet the requirements as part of the pro

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King Farouk's watch creates record

A Patek Philippe watch, reference 1518, made for King Farouk of Egypt in 1944 topped Christie's Spring 2018 sale week in Dubai, setting a new auction record price for any wristwatch sold the Middle East as well as for the reference in yell

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Stalled Bahrain project sold for $59.2m in auction

Amwaj Gateway, a 33,391-sq-m mixed-use development project located near the entrance of Bahrain's Amwaj Islands, has been sold for BD22.5 million ($67.4 million) in a public auction. M Tech Services, a US-based company clinche

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Saudi builder Al Khodari eyes $122m capital hike

Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it aims to increase its capital by up to SR458 million ($122 million) to settle the amounts payable to the company vendors and its major shareholder Abdullah A M Al K

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Christie’s global sales net $6.6bn in 2017

Christie’s has announced that its total global sales increased 26 percent in 2017 to £5.1 billion ($6.6 billion), led by the record-breaking sale of Leonardo da Vinci’s Salvator Mundi, selling for $450.3 million in November i

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Christie’s global sales net $6.6bn in 2017

Christie’s has announced that its total global sales increased 26 percent in 2017 to £5.1 billion ($6.6 billion), led by the record-breaking sale of Leonardo da Vinci’s Salvator Mundi, selling for $450.3 million in November i

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Baume & Mercier auctions exclusive creations

Baume & Mercier, a Swiss luxury watchmaker, has announced the auctioning of special creations, done in collaboration with three of the region’s most well-known designers, Hussein Bazaza, Zayan Ghandour and Rula Galayini.

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Christie's to auction exquisite 163ct diamond in November

An exquisite 163.41-carat flawless, white diamond discovered in Angola will go on auction in Geneva on November 14, auction house Christie's said. The diamond was cut from a 404-carat rough found in the Lunda Sul Province in Angola

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