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The
Auction division of Abdulla Fouad
Holding Co., initially formed as a
Joint Venture 1977, becoming a wholly
owned operation of the Abulla Fouad
Group in 1986, was formed to address
the need to organize the Sale of used
but still serviceable equipment on
the secondary market. As A result
of tremendous boom in construction
activity Kingdom-wide, with Major
projects undertaken by Saudi Aramco,
SCECO and Royal Commission of Jubail
and Yanbu.
The Division has permanent yard facility
on Abdulla Fouad Auction Yard Beginning
of Dammam – Riyadh Highway, opposite
Naft Fuel Station, where it Conducts
at least 12 public auctions yearly.
Inventory includes Such as construction
Equipment, Vehicles, and Commercial
Assets & Industrial Machinery.
It also arranges auctions at other
locations on client request such as.
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Saudi
Aramco |
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(SABIC
Affiliate) Saudi Yanbu Petrochemical
Co. (Yenpet) |
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Ministry
of Defense and Aviation (Airport
Projects) |
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Ministry
of Defense and Aviation (Airport
Projects) |
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Saudi
Railways Organization |
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SCECO
(Eastern, Western, Central) |
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U.S.
Army auctions sale conducted at
Kuwait and Bahrain |
| Major
Clients in Private Sector |
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Abdulla
Hamoud Al – Shuwayer |
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A.
A. Al-Khodari Sons Co. |
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Faisal
Mohammed Al- Qahtani Sons Co.
(FMQ) |
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Saudi
National Est. (Abdulla Al-Shurie) |
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Nassir
Hazza & Bros. & Many others. |
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many more. |
The Auction Division provides complete
service to its customers, from Evaluation
and appraisal of equipment to advertising
and sourcing potential Buyers. It
is proud to be recognized as the premier
auctioneer in the Gulf Region, playing
a valuable role in helping organizations
to recoup their Assets value. The
Division has successfully recovered
to its clients millions of dollars
through organized auction sales of
used equipment and excess inventory.
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AUCTION are the most efficient, fastest and cost effective method of liquidating surplus equipment,materials,supplies. |
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AUCTION will reduce liabilities because assests are sold without any warranty or guarantee "As is Where is" |
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AUCTION will reduce intrest and overload costs because items are sold for immediate payment |
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AUCTION expose the marchandise to VSAT number of local and International buyer, who are invited through our latest Mailing addresses. This produces more purchases and increses the rate of return by creating Open Competition. |
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AUCTION result in the sale of every item. |
| If this makes sense to you, Let's talk: |
Abdulla Fouad Holding Co.
(Auction Division)
Tel: 9663-8110525
Fax: 9663-8111644
Mobile: 966-5050883665, 5050873018
E-mial: auction@abdulla-fouad.com
Web: www.abdulla-fouad.com
AF Auction Site - (Under Maintenance)
www.afhco-auction.com |
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