Manama: The Rashid Equestrian and Horseracing Club (REHC), in collaboration with Mazad, Bahrain's leading digital auction and marketplace platform and a Mumtalakat portfolio company, will stage the fourth edition of its Horse Auction between Sunday and Tuesday, April 26 and 28, and on this occasion, its first digital sale. First staged in 2023, REHC will once again host its annual sale of racehorses in training, now exclusively delivered via Mazad's digital platform where users will experience a seamless and transparent online journey.
According to Bahrain News Agency, registration for the auction is now open, with entries closing on April 19 at 2:00pm. The auction catalogue will be published on April 21. At the 2025 edition of the auction, 66 horses were entered, with 49 successfully sold, representing 74.2% of the catalogue and generating a total turnover of BD 81,320. The highest-priced lot sold for BD 8,200, marking a 197% increase in total auction value compared to the previous year and highlighting the growing confidence in the sale as a competitive marketplace for racehorses in training.
By comparison, the 2024 auction saw 41 horses entered, with 28 sold (68.3%), generating BD 27,350 and a top price of BD 3,800. Yusuf Buheji, CEO of the Rashid Equestrian and Horseracing Club, commented on the continued development of this auction, emphasizing its growing importance within Bahrain's racing ecosystem. With the support of Mazad and Tattersalls, the platform aims to enhance transparency, liquidity, and participation within the sport, creating accessible entry points for both existing and prospective owners.
Nezar Habib, CEO of Mazad, reiterated the significance of this collaboration, highlighting the distinctive experience of the first-ever online horse auction in Bahrain. The initiative aligns with Bahrain's long-standing emphasis on heritage and development, aiming to support the equine sector and contribute to a dynamic, diversified, and digitally enabled national economy in line with Bahrain's Vision 2030.