Industry News

Ritchie Bros. Continues Online Success With A 40 Per Cent Bidder Increase At Dubai Auction

Equipment ready for auctioning and shipping around the world in the Ritchie Bros. yard located in Jebel Ali Dubai. Ritchie Bros.’ entirely online auctions continue to drive strong results for consignors around the world and the UAE. At the company’s recent auction the world’s largest machinery and heavy equipment auctioneer sold over 1380 items through its Dubai auction site to online buyers worldwide. The two-day auction in March attracted more t...

Euro Auctions: The Used Equipment Market In The Middle East Is Predicted To Boom In The Next 12 Months

The scheduled Euro Auctions plant and machinery auction on 06 July in Dubai is expected to attract much attention from not just the Middle East but from a global audience. In the last 12 months there has been a marked ‘up-take’ in the Middle East market for good machinery and equipment. Contractors and rental companies in the Middle East have been buying relatively low levels of new machines for the last 4 to 5 years and as a result stocks of plan...