The license plates will be available for purchase at the Arabian Auctions website www.arabian.auction and/or through the mobile application “Arabian Auction”.
This comes as part of the ongoing cooperation between Mazad and Arabian Auctions in offering new unique and semi-unique private car license plate numbers, providing interested individuals with the chance to own them.
Interested buyers can register through the website and/or the mobile application. An ownership certificate will be issued once the payment is finalized.
The organizer of Bahrain’s online and offline auctions, Mazad was established in April 2017 by Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain.
Designed to facilitate market growth, efficiency, and revenue optimization, Mazad organized the Kingdom’s first private vehicle registration number plates auction, achieving record auction returns.
The revenue from its first auction, which was conducted in collaboration with UAE-based Arabian Auctions, totaled an outstanding BD1.72 million ($4.56 million).