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Saudi Businessman Purchases 12 Camels Worth $32 Million

Saudi men stand next to camels as they participate in King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia January 19, 2018. Picture taken January 19, 2018. REUTERS/Faisal Al Nasser
Saudi men stand next to camels as they participate in King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia January 19, 2018. Picture taken January 19, 2018. REUTERS/Faisal Al Nasser
    Riyadh - Mohammed al-Mutairi
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Saudi Businessman Purchases 12 Camels Worth $32 Million

Saudi men stand next to camels as they participate in King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia January 19, 2018. Picture taken January 19, 2018. REUTERS/Faisal Al Nasser
Saudi men stand next to camels as they participate in King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia January 19, 2018. Picture taken January 19, 2018. REUTERS/Faisal Al Nasser

A Saudi businessman signed a 120 million riyal ($32 million) deal in Riyadh to purchase 12 camels, marking one of the biggest camels' purchase deals in the Gulf.

The event coincided with Cristiano Ronaldo joining of Saudi Al-Nassr team.

The deal was signed in Dahana Desert, which is hosting the King Abdulaziz Camel Festival.

The businessman, Abdullah Al-Nahdi, who is an investor in the pharmacies sector, purchased 12 camels that came first in the festival from their owner, businessman Mohammed bin Jakhdab Al-Qahtani.

Organized by the Camel Club, King Abdulaziz Camel Festival kicked off in December and concludes in mid-January.

More than 40,000 camels compete for prizes worth more than $80 million.

The Camel Club is part of a whole sports system launched by the Saudi Crown Prince in 2017.

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Australian Hiker Found Alive after Surviving for Two Weeks on Berries and Muesli Bars

A general view of Cooma Hospital where hiker Hadi Nazari was transferred to for a health check in Cooma, New South Wales, Australia, 08 January 2025. (EPA)
A general view of Cooma Hospital where hiker Hadi Nazari was transferred to for a health check in Cooma, New South Wales, Australia, 08 January 2025. (EPA)
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Australian Hiker Found Alive after Surviving for Two Weeks on Berries and Muesli Bars

A general view of Cooma Hospital where hiker Hadi Nazari was transferred to for a health check in Cooma, New South Wales, Australia, 08 January 2025. (EPA)
A general view of Cooma Hospital where hiker Hadi Nazari was transferred to for a health check in Cooma, New South Wales, Australia, 08 January 2025. (EPA)

An Australian student missing for two weeks near the country's tallest mountain was found on Wednesday, after surviving by foraging for berries, drinking water from a creek and finding two muesli bars left behind by other hikers, police said.

Hadi Nazari, a 23-year-old university student from Melbourne, went missing from his group of friends on December 26 in the Kosciuszko National Park.

Nazari was found on Wednesday afternoon by a group of hikers who alerted the authorities, police in the state of New South Wales said.

“This is the fourteenth day we've been looking for him and for him to come out and be in such good spirits and in such great condition, it’s incredible," NSW Police Inspector Josh Broadfoot said.

The student was in "really good spirits" with no significant injuries, he added.

More than 300 people had searched for Nazari across rugged bushland, police said. The national park is home to the 2,228 meter (7,310 foot) Mount Kosciuszko.