REHC to Launch Bahrain’s First Online Horse Auction

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. According to Bahrain News Agency, 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. 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 t he 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 auction's development and its significance within Bahrain's racing ecosystem. He emphasized the professional platform provided through the support of Mazad and Tattersalls, which enhances transparency, liquidity, and participation within the sport. Buheji noted the commitment to strengthening the initiative, creating accessible entry points for both existing and prospective owners, and supporting the long-term sustainability and growth of horseracing in the Kingdom. Nezar Habib, CEO of Mazad, highlighted the strategic collaboration with REHC, focusing on delivering specialised technology-driven solutions. He expressed delight in offering audiences a distinctive experience as the first-ever online horse auction in Bahrain. Habib also pointed out the potential in supporting the continued development of Bahrain's equine sector, in line with the Kingdom's emphasis on heritage and development. Through this partnership, Mazad commits to creating value through innovative auction services, contributing to a dynamic, diversified, and digitally enabled national economy, advancing Bahrain's Vision 2030.