About one million riyals, the value of the daily camel market auctions

The value of the daily offers witnessed in the camel market auctions held as part of the activities accompanying the King Abdulaziz Camel Festival in its sixth edition, amounted to nearly one million Saudi riyals.

The supervisor of the camel markets for the King Abdulaziz Camel Festival, Awad Al-Afeesh, explained that the auctions start from noon until sunset, during the days of the festival, noting that around 300 camels of different colors are being sold ( Majahim, Shaqah, Wadh, Safar, Hamar, Shaal, Asayel). “Every age.

Al-Afeesh confirmed that the festival has created a significant economic movement and that auctions are seeing a large turnout and buying and selling movement in coinciding with the weekend, adding that the price of each table varies in based on a set of characteristic aesthetic criteria, and their prices range from 10 thousand riyals per table, to one million riyals.

Interestingly, the King Abdulaziz Camel Festival is seeing an economic movement through a group of investment sites assigned by the festival administration to commit in commercial activities related to attendees and visitors. Festival management also assigned sites to support economic activities and encourage investors and productive families.

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