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الاقتصادية
Crown Prince Camel Festival Secures 60M Deals
The Custodian of the Two Holy Mosques Hajj Festival 2026 witnessed a significant rise in the financial value of the camel transfer market, exceeding 60 million Riyals due to the completion of dozens of announced and unannounced deals. This confirms that the event has become a major economic stimulant for the Camel System in the region. The most prominent deals included the sale of the female camel "Mousa Al Musaa" for 3 million Riyals, and the camels "Sultan Al Rifadah" and "Wa'ed" at a price of 2 million Riyals each, along with other deals ranging between 1 million and 1.5 million Riyals. This reflects a deep investment awareness among owners, who are focused on achieving economic and historical gains. It also underscores the success of the festival in transforming a sport of ancestors and grandfathers into a sustainable economic industry that attracts capital, supported by the vision of the Saudi Camel Federation and the leadership’s backing.
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