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Bidding Begins Friday at International Falcon Breeders Auction in Saudi Arabia

The event, running from August 5 to 24, features over 35 elite falcon production farms from 16 countries showcasing their prized birds for sale. (SPA)
The event, running from August 5 to 24, features over 35 elite falcon production farms from 16 countries showcasing their prized birds for sale. (SPA)
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Bidding Begins Friday at International Falcon Breeders Auction in Saudi Arabia

The event, running from August 5 to 24, features over 35 elite falcon production farms from 16 countries showcasing their prized birds for sale. (SPA)
The event, running from August 5 to 24, features over 35 elite falcon production farms from 16 countries showcasing their prized birds for sale. (SPA)

The first auction night of this year's International Falcon Breeders Auction event starts on Friday night at the Saudi Falcons Club headquarters in Malham, north of Riyadh.

The event, running from August 5 to 24, features over 35 elite falcon production farms from 16 countries showcasing their prized birds for sale.

Twelve auction nights will be held throughout the event. Competitions are streamed live on TV channels and the club's social media platforms. The club will announce the falcons on offer before each auction night.

The event provides a valuable networking opportunity for falconers and breeders from around the world. It aligns with the Saudi Falcons Club's commitment to preserving falconry heritage and promoting the Kingdom as a global center for the sport.

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Culture

Saudi Culture Ministry to Hold Cultural Insurance Conference in Riyadh Next Week

The Ministry of Culture will sign an insurance policy on cultural assets during the event
The Ministry of Culture will sign an insurance policy on cultural assets during the event
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Saudi Culture Ministry to Hold Cultural Insurance Conference in Riyadh Next Week

The Ministry of Culture will sign an insurance policy on cultural assets during the event
The Ministry of Culture will sign an insurance policy on cultural assets during the event

The Ministry of Culture, in collaboration with the Insurance Authority, will organize the Cultural Insurance Conference in Riyadh on Tuesday to introduce the recent cultural insurance product that helps owners of artworks and other cultural assets in the Kingdom secure their holdings, protect them, and preserve them.

It also ensures financial compensation in case of accidents that lead to the loss or damage of these cultural assets, commensurate with the damage and fair value of the assets.

The conference, which will be held at the Cultural Palace in the Diplomatic Quarter, will bring together officials and CEOs specialized and interested in the cultural and insurance fields. It will consist of dialogue sessions of leaders in the cultural and insurance systems in the Kingdom, specialists and individuals interested in these fields, to highlight the notion of "cultural insurance" and its role in creating an environment that helps protect heritage assets.

The Ministry of Culture will sign an insurance policy on cultural assets during the event.

The ministry is organizing the conference with the aim of shedding light on the cultural insurance product, presenting the risk management of cultural assets and sites, and promoting awareness about the importance of preserving cultural assets as part of the Kingdom's heritage.