Emirati spends $6.45 million on three camels

Emirati spends $6.45 million on three camels

Hamdan bin Ghanem bought the beasts at the Al Dhafra Festival in Abu Dhabi.

February 3, 2010 11:58 by kippreport

A UAE national, Hamdan bin Ghanem, spent AED24 million ($6.47 million) on buying three camels in an auction at the Al Dhafra Festival in Abu Dhabi, reports AFP. While one of them had a price tag of $2.72 million, another cost $2.4 million and the third was priced at $1.35 million.

The auction was held on Tuesday and was attracted some of the biggest camel owners in the Gulf, including princes and tribal dignitaries, said the report. The festival also includes a camel beauty pageant, and competitions for the best camel meat and camel milk dishes.

Tags: camel, Emirati

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4 Comments

Thomas on February 4, 2010 1:25 pm

Congratulations. There’s definitely money in Abu Dhabi.
Shehab Ahmed on February 5, 2010 10:23 am

now who said Bugati is expensive lol
Mohammad on February 6, 2010 12:29 am

What a waste of money! and how many kids could have gone to school with this amount? Allah will question this!
DeniseTheMenace on February 9, 2010 12:14 pm

@ Mohammad : Those who live wisely, are indeed wise !!! Forefathers (and mothers too!) foretold of the abundant riches gone to waste in the land of chiefs/sheiks…

Those who spend unwisely, are dooming their future generations of the choice (not that ‘ they’ would have made the wiser of the choices!!!) of spending on life’s bare necessities (incld camels) and luxuries.

Finally, long live the Hens : FOR THE CHICKEN WILL ONE DAY COME HOME TO ROOST ( For guidance look at the present Taliban in Pak) !!!

Keep Smiling friends…