New rule: Saudi companies required to disclose training data

New rule: Saudi companies required to disclose training data

RIYADH: A falcon from a Saudi breeding facility has become the most expensive in the Middle East, fetching a record SR500,000 ($134,000) at auction and easily topping the previous SR270,000 mark.

The cherrug falcon, known locally as a Hur, was one of several to attract serious bidding at the third International Falcon Breeders Auction on Friday.

Total auction sales reached SR1.5 million, with two Saudi falcons sold on the same day for a combined price of SR570,000.

Bidding for the cherrug falcon from Al-Nader Falcons began at SR50,000 before climbing to a record selling price of SR500,000.

A second free-range falcon from Al-Dahas Falcon was put up for bidding and sold for SR70,000.

The auction at the headquarters of the Saudi Falcons Club in Malham, about 80 km north of Riyadh, has attracted participation from leading international falcon breeding farms. Selling will continue until Aug. 25.

The Bahrain Falcons Center recently inaugurated its pavilion by displaying seven special falcons.

Majed Al-Subaihi, the center’s representative, said that falcon breeders from around the world are keen to take part in the event.

Al-Subaihi said that the center has been participating in the event since its first edition, and he has seen a significant development in terms of organization and facilities