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Dubai /Â WAM
Emirates Auction, a Middle East leader in organising and managing auctions and e-auctions, announced the launch of its first subsidiary in Bahrain, under the name of “Arabian Auction.”
Emirates Auction said the launch of its new company, which will begin its operations in the next few days, compliments its expansion plans and its remarkable success through its presence in the UK, Egypt and Qatar.
It explained that Arabian Auction will specialise in organising and managing auctions and e-auctions to sell vehicles, distinctive vehicle plate numbers, property, liquidation of assets projects, distinctive mobile phone numbers, jewellery, antics, heavy machinery and construction and manufacturing equipment.
Abdulla Matar Al Mannaei, Chairman of Emirates Auction, said that establishing Arabian Auction in Bahrain represents a systematic extension of the regional and international expansion Emirates Auction seeks, and comes after the remarkable success achieved by the mother company in establishing its first three branches in the UK, Qatar and Egypt.