Abdulla
Fouad Holding Co.(Auction Division) - Profile
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 Dhahran-Jubail Highway,
Where it conducts at least 15 public auctions a year. Inventory
includes Such as Construction Equipment, Vehicles, and Commercial
Assets & Industrial Machinery. It also arranges auctions at
other locations on Client request such as
U.S. Army auction
sale conducted at Kuwait and Bahrain
Saudi Aramco
SCECO (Eastern,
Western, Central)
Ministry of
Defense and Aviation (Airport Projects)
Saudi Railways
Organization
(SABIC Affiliate)
Saudi Yanbu Petrochemical Co. (Yenpet)
National Methanol
Co. (Ibn Sina)
Al Jubail Fertilizer
Co. (Samad) & Al-Razi
SAMAREC, Al-Abdul
Rahman Trading & Cont. Est.
Ali Al-Hosan
Contracting Est.
Nassir Hazza
& Bros.
Abdulla Hamoud
A.-Shuwayer
Saudi National
Est. (Abdulla Al-Shurie)
Abdullah A.M.
Al-Khodari Sons Co.
and 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
millions of dollars through organized auction sales of used equipment
and excess inventory.
AUCTION are the most efficient, fastest and cost
effective method of liquidating surplus equipment,materials,supplies.
AUCTION will reduce
liabilities because assests are sold without any warranty or guarantee
"As is Where is"
AUCTION will reduce
intrest and overload costs because items are sold for immediate
payment
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.
AUCTION result in
the sale of every item.
If this makes sense to you, Let's
talk:
Abdulla Fouad Auctioneering Co. Ltd.
Tel: 9663-8110525
Fax: 9663-8111644
Mobile: 966-5050883665, 5050873018
E-mial: auction@abdulla-fouad.com
Web: www.afhco-auction.com
(Exclusive AF Auction Site)
Web: www.abdulla-fouad.com