Just in:
Sheikh Mohammed bin Khalid investment arm backs COFE Tech // Ledger reseller investigation widens as theft estimates rise // Chamet Brings Real-Time AI Translation in 50+ Languages and Multimodal Safety AI to Cross-Border Video Chat // Epstein cultivated Woody Allen ties to widen connections // Riyadh airport strikes prompt Saudi retaliation warning // HKTDC Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo Set to Illuminate this October // ZNAKI FM Expands Its Arabic Edition, Bringing Its News and Reference Network to Middle East Readers // Saudi airport attacks sharpen pressure for US intervention // Fake Marketplace adverts exploit users’ names to solicit replies // Gargash urges Gulf states to reinforce collective defences // Anthropic disconnects internal AI tests after website breaches // Dubai Global Village prepares 31st season opening Wednesday // Empowering Huanggang Port: Over 100 KONE elevators and escalators unlock vertical flow design // Temasek Trust and World Bank Group Forge Strategic Partnership to Advance Shared Development Priorities // Panama mobilises emergency relief after widespread earthquake damage // Full Collaboration Of INDIA Bloc And CJP Needed To Fight Modi Govt // VinFast announces special incentives for new electric motorcycle showrooms in Indonesia and the Philippines, accelerating distribution network expansion // Attackers exploit Bricksforge flaw to breach WordPress websites // Qilin and Settra exploit patched Palo Alto VPN flaw // It’s Time For British Labour Party To End Its Evasions On The Issue Of Genocide //

Global Demand Fuels Ritchie Bros.’ Dubai Auction Surge

Ritchie Bros.’ Dubai auction on June 4–5, 2024, recorded significant international participation, with 981 bidders from 69 countries. The event saw 1,123 lots sold to 309 buyers, reflecting strong global interest in heavy equipment.

The United Arab Emirates led with 416 bidders, followed by the United States , Canada , Saudi Arabia , and the United Kingdom . This diverse participation underscores the auction’s global appeal.

Notable sales included a 2016 Cat 745C Articulated Dump Truck for $167,500 and a 2018 Komatsu PC400LC-8R Hydraulic Excavator for $111,000. Transportation equipment like the 2016 Nissan Patrol Pickup fetched $19,000, while lifting equipment such as the 2006 Cat DP150 Forklift sold for $24,000.

Online engagement was robust, with 1,244 registrations and over 16,000 items added to watchlists, highlighting the growing trend of digital participation in equipment auctions.



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


Loading next story…
Just in:
KFC schedules Kenyan debut for Kentucky Town festival // Anthropic disconnects internal AI tests after website breaches // Empowering Huanggang Port: Over 100 KONE elevators and escalators unlock vertical flow design // It’s Time For British Labour Party To End Its Evasions On The Issue Of Genocide // Ledger reseller investigation widens as theft estimates rise // Dubai Global Village prepares 31st season opening Wednesday // Working Graduate Share In Labour Market Fell To 5 Years Low In September // Fake Marketplace adverts exploit users’ names to solicit replies // Attackers exploit Bricksforge flaw to breach WordPress websites // Creative Secondary School Celebrates 20 Years of Educational Excellence with Open Day 2026: “World of Possibilities” // Microsoft introduces Maia 300 for large-scale AI deployment // Qilin and Settra exploit patched Palo Alto VPN flaw // UK widens Saudi travel warnings, raising insurance risks // Chamet Brings Real-Time AI Translation in 50+ Languages and Multimodal Safety AI to Cross-Border Video Chat // Gargash urges Gulf states to reinforce collective defences // Riyadh airport strikes prompt Saudi retaliation warning // VinFast announces special incentives for new electric motorcycle showrooms in Indonesia and the Philippines, accelerating distribution network expansion // China-EU agreement threatens surge in Chinese hybrid exports // Sprite Expands Global Basketball Footprint with NBA’s Nikola Jokić and New “Never Stop Refreshing The Game” Platform // Temasek Trust and World Bank Group Forge Strategic Partnership to Advance Shared Development Priorities //