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Thursday, October 31, 2024
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RM Sotheby’s expands into Middle East and North Africa

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RM Sotheby’s, the global leader in collector car auctions, has announced the official launch of its Middle East and North Africa (Mena) business with an event.

The inauguration hosted an exclusive launch party at Sotheby’s Dubai Gallery in DIFC, attracting a glamorous cast of car enthusiasts, art and watch collectors, event organizers and industry professionals from across the region.

The event gave guests the opportunity to learn about RM Sotheby’s mission in the region and experience the very best in the world of classic and collectible cars, featuring Scaglietti’s 1961 Ferrari 250 GT SWB Berlinetta ahead of this special occasion Flyed back to Europe, it will be sold at RM Sotheby’s auction at Villa Elba on May 20 during the world-famous Concorso d’Eleganza Villa d’Este on the shores of Lake Como, Italy.

Also on display at the event is a selection of Sotheby’s private sales of luxury goods and fine art.

huge potential

Ghita Mejdi, senior consultant at RM Sotheby, said: “The region has huge potential and a vibrant automotive market unlike anywhere else in the world. We have over 40 years of experience in the global collectible car market and we are delighted to bring We bring our expertise and passion to the Middle East and look forward to working with our partners to contribute to automotive culture and allow our customers to experience a new sense of community.”

Peter Wollman, chairman of RM Sotheby’s Europe, Middle East and Africa, said: “We fully recognize the passion for fine cars in the region and the incredible opportunity to serve these enthusiasts and collectors through our business. A visit to the region clearly showed us the emerging classic car culture, infrastructure and event scene, including the Gulf Historic Grand Prix and the Mille Miglia experience, and it’s these types of events that provide the foundational global market for collector’s cars.”

RM Sotheby’s has a track record of selling some of the most important cars in the world and is well placed to advise and assist collectors in the Middle East securing their dream car and assisting with the entire lifestyle element associated with buying a car.

Collector Car Community

Wallman continued: “The collector’s automotive community is all about sharing experiences and a sense of belonging, and we share those values ​​and passions wholeheartedly. We bring a unique products that we can bring to this market. This is just the beginning of what I know to be an incredible new chapter for RM Sotheby’s, and we intend to support the region by being involved in as many motor events as possible.”

RM Sotheby has long had a reputation for excellence and has sold some of the world’s most important cars, including the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, which fetches a record €135 million (148 million euros) in 2022. billion) sold.

The launch of RM Sotheby’s in the Middle East is a significant development for the region’s automotive industry and the company is delighted to bring its expertise, professionalism and passion for classic and collector cars to this discerning market.

Daniel Asmar, Managing Director of Sotheby’s Middle East and North Africa, said: “We are delighted to welcome colleagues from RM Sotheby’s to the region and to work with our team of established specialists based in Dubai. Bookmark Premium cars are now an integral part of our luxury division, and with this market’s passion and enthusiasm for all things automotive, we believe Sotheby’s now caters to all segments of the collectible world with unparalleled expertise.” — trade arab news agency

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