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الاقتصادية
Camel market value hits 492 million
The article discusses the market value of participation in the 2026 Crown Prince Camel Festival Finals, which ranges between 270 million and 492 million riyals. It features 114 camels from the elite of Saudi and Gulf region camel breeding. It is estimated that the value of a single camel in the "Haal" races ranges between 3 and 6 million riyals, and in the "Zmol" races between 1.5 and 2 million riyals. Some camels, however, are valued at more than 7 or 8 million riyals, thanks to the support of the Crown Prince and the transformation of the sport into an economic industry with substantial returns. The report indicates that the significant increase in market value is due to rare bloodlines and the previous achievements of the participants. It confirms that competing in the symbol races is considered a guaranteed investment for owners, with expectations that the festival will set a new record after surpassing 4,000 races.
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