2 Falcons Fetch Record Price at International Falcon Breeders Auction in Saudi Arabia

The highly anticipated International Falcon Breeders Auction 2024 kicked off on Friday at the Saudi Falcons Club headquarters in Malham, north of Riyadh. (SPA)
The highly anticipated International Falcon Breeders Auction 2024 kicked off on Friday at the Saudi Falcons Club headquarters in Malham, north of Riyadh. (SPA)
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2 Falcons Fetch Record Price at International Falcon Breeders Auction in Saudi Arabia

The highly anticipated International Falcon Breeders Auction 2024 kicked off on Friday at the Saudi Falcons Club headquarters in Malham, north of Riyadh. (SPA)
The highly anticipated International Falcon Breeders Auction 2024 kicked off on Friday at the Saudi Falcons Club headquarters in Malham, north of Riyadh. (SPA)

The highly anticipated International Falcon Breeders Auction 2024 kicked off on Friday at the Saudi Falcons Club headquarters in Malham, north of Riyadh. The event, which runs until August 24, features leading production farms from 16 countries.

On the opening night, a large crowd of falcon enthusiasts gathered to witness the auction of two exceptional falcons.

A Falco cherrug, known locally as a Hur, from the Polish Fire Falcons Farm, commanded a bid of SAR65,000, followed by another falcon from the same farm that sold for SAR105,000, bringing the total for the evening to SAR170,000.

This global platform offers a unique opportunity for falconers, producers, and enthusiasts to acquire elite falcons from around the world. The auction is being broadcast live on television and social media platforms.

The event aligns with the Saudi Falcons Club's vision to lead in falconry development, innovation, breeding, and care. It also contributes to the cultural and economic landscape while raising awareness about environmental conservation.



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.