Sotheby's Dubai watch auc­tion raises $2.6m

25 per­cent of par­tic­i­pants at the com­pany's first show of its kind in the city were new cus­tomers

Arabian Business English - - LIQUID ASSETS -

The Sotheby’s in­au­gu­ral watch auc­tion in the Mid­dle East, which was held in Dubai, raised a to­tal of $2.6 mil­lion.

The com­pany’s in­tro­duc­tion of watch sales in the re­gion fol­lows the in­creas­ing ac­tiv­ity of col­lec­tors from the re­gion in our in­ter­na­tional sales in this cat­e­gory in re­cent years. Al­to­gether the sale at­tracted par­tic­i­pants from 25 dif­fer­ent coun­tries across the globe.

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