RIYADH ( WNAM MONITORING): A young peregrine falcon fetched a record price of SR210,000 ($56,000) on the 18th night of this year’s Saudi Falcons Club auction near the Saudi capital.
The event is being held at the club’s headquarters in Malham, north of Riyadh, and will continue until Nov. 15.
Starting at SR50,000, the bidding was intense, ultimately leading to the impressive final sale price of SR210,000, the Saudi Press Agency reported.
The Saudi Falcons Club offers extensive services to falconers throughout the hunting season, including housing and transporting birds to the auction site from various regions.
The auction is broadcast live on television and social media, making for fast-paced, competitive bidding, the SPA reported.
It plays a significant role in preserving and promoting Saudi Arabia’s cultural, economic, and historical heritage in line with Vision 2030.
The event supports falconry activities and aims to develop the local falcon auction market, positioning it as a global hub for enthusiasts.
Moreover, it seeks to regulate the buying and selling of falcons in the Kingdom, while protecting endangered species.
