Mumtalakat Holdings Forms Mazad, Enters into Auction Business

Posted on 04/12/2017


Bahrain’s Mumtalakat Holdings had formed a new entity that will be in charge of conducting and organizing auctions called Mazad. Mazad plans to collaborate with well-recognized auction houses globally. On April 11, 2017, Mazad signed an agreement with Arabian Auction to conduct Bahrain’s inaugural private vehicle number plates auction. Similar to many Gulf countries, the […]