Whatever you thought, think againMay 5, 2015 3:30
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.