Mazad B.S.C. (c) “Mazad” was established on April 2017 to organize and supervise auctions in the Kingdom of Bahrain. Mazad was established with the responsibility of managing and organizing auctions of different types of assets in collaboration with internationally renowned auction houses. With an unwavering commitment to its core values of transparency, fairness, competitiveness and sustainability, Mazad strives to introduce new and innovative asset sale and auction mechanisms to aid the Kingdom’s market growth and revenue optimization. Since its establishment Mazad has successfully introduced special vehicle license plate numbers for sale in public auctions for the first time in Bahrain, and has continued to do so with great success. Subsequently, other assets were introduced for sale through auction ranging from vehicles to real estate projects.