Saturday 4 July 2015
 
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Auction

ING set to win auction for HSBC's Turkish bank

Dutch lender ING Group is set to win the auction to buy HSBC's Turkish business, people familiar with the matter said. Four people familiar with the situation said HSBC had narrowed the field to one suitor, with two of the sou

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Alwaleed Foundation buys 100 paintings at auction

Alwaleed Bin Talal Foundation has purchased all the art work auctioned at the recently concluded ‘Salman In Their Eyes’ Exhibition held at the Association of Disabled Children in Riyadh, Saudi Arabia. This exhibition w

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'Extremely rare' pink diamond set for auction

Sotheby's auction house has said it will auction off an extremely rare and historically important pink diamond and an equally exceptional Burmese ruby next month, hoping to get up to $18 million for each. The Historic Pink Dia

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Sotheby’s to sell contemporary art at Doha auction

Sotheby’s, an international auction house, is set to conduct a sale of contemporary art in Doha on April 21. The sale will comprise a selection of top-caliber works by leading Arab, Iranian and international contemporary art

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$46m abstract sets European record

Sotheby’s sale of contemporary European art achieved a new milestone for the auction house in the category, with a masterpiece by Gerhard Richter going for record $46.3 million. Held on February 10 in London, UK, the evening

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Christie’s Mideast client base up 23pc in 2014

Christie’s, a global art business, has reported that in 2014 its Middle Eastern client base grow by 23 per cent and overall Middle Eastern client registration in its international sale centres increased by five per cent. &ld

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Elvis Presley's personal jets could fetch $15m

Elvis Presley's pair of personal jets, one complete with gilded wash basin and plush sleeping quarters, will go under the hammer in a sealed-bid auction for a piece of mile-high rock and roll memorabilia, Julien's Auctions said.

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Reach Out to Asia raises $21m at gala event

Reach Out to Asia (Rota), a member of Qatar Foundation, raises $21 million at its recent bi-annual gala dinner in Doha to support education projects in Asia and the Middle East. This year's theme for the gala dinner held at Al

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Reach Out to Asia raises $21m at gala event

Reach Out to Asia (Rota), a member of Qatar Foundation, raises $21 million at its recent bi-annual gala dinner in Doha to support education projects in Asia and the Middle East. This year's theme for the gala dinner held at Al

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Algeria to hold oil and gas auction within weeks

Algeria is preparing a new auction of oil and gas blocks, an official said, after the North African country awarded just four of 31 fields last month in the first attempt to lure foreign investors since 2011.  

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