Ritchie Bros. an RB Global company and a leader in asset management and equipment disposition across Europe and Middle-East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.
Saudi Arabia's AI-powered predictive maintenance for construction equipment market, which is valued at $1.2 billion, is expected grow substantially, driven by ongoing technological advancements and increasing infrastructure investments, says a report.
Ritchie Bros. Dubai will host its first auction of the year next week, offering more than 1,900 items - including many unused machines - for sale. The public, unreserved auction, where every lot sells to the highest bidder, marks the start of the 2026 auction calendar.
