Confidential bidding for high value or sensitive assets, used often for government sales.
It’s worth noting that Abdulla Fouad Company for Public Auctions in Dammam holds no fewer than 12-16 public auctions annually in its own auction hall. We also hold other auctions at other companies’ auction halls upon their request, and also conduct sealed bids or video screenings in a closed hall, depending on the business’s requirements.
Steps to Start Bidding
- Registration: Visit the auction company’s official office. Fill out the registration form with your personal or business information. Submit valid ID (e.g., national ID, Iqama, or commercial registration for companies).
- Verify Identity & Submit Documents: Upload or present identification documents for verification. Some auctions may require a bank guarantee or refundable deposit to qualify for bidding. Accept the auction terms and conditions.
- Receive Bidder Number & Access Catalog: Once approved, you’ll receive a unique bidder number. You can now view the auction catalog, inspect items, and participate in bidding either online or on-site.