1 Day
Source:
الاقتصادية
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Al-Saqr Evolving into Saudi Economic Industry
The International Falcon Auction in Riyadh serves as a major platform for the growth and development of the falcon market in Saudi Arabia. It brings together breeding farms, logistical services, and care techniques, expanding production scope and increasing demand for related supplies and services. The auction saw an increase in the number of participants from 23 countries, with over 1,100 falcons sold for more than 13 million riyals. Sales growth reached 23%, and the number of falcons sold increased by 27% compared to the previous year. This market shift has transformed the falcon from merely a commodity into a sophisticated economic industry, with greater attention to breed quality, job creation, and the strengthening of trade relations. All of which cement the falcon’s status as a cultural heritage and an economic treasure for Saudi Arabia.
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