Camel market value hits SAR 492 million at Crown Prince Camel Festival finals
A total of 114 camels, valued between SAR 270 million and SAR 492 million, will compete in the four final races of the 2026 Crown Prince Camel Festival.
In the concluding leg of the 2026 Crown Prince Camel Festival, a total of 114 camels with an estimated market value between SAR 270 million and SAR 492 million will vie for the "Sword and Rifle" trophies. Camel racing authorities estimate the total prize pool to surpass SAR 50 million. The competing camels, mostly from Saudi Arabia and the Gulf, are divided across four races, with 35 in the first heat, 13 in the second, 46 in the third, and 20 in the final.
Experts explain that the market value of a camel can range from SAR 3 million to SAR 8 million, depending on its achievements, lineage, and previous race performances. The final races of the festival bring about a significant surge in a camel's market value, as it is influenced by factors such as its record, production value, and pedigree. This reflects the substantial investment placed in these animals, as they are considered valuable assets in the Saudi Arabian economy.
The historic Taif Camel Racing Track will host the eighth edition of the Crown Prince Camel Festival, under the patronage of Crown Prince and Prime Minister Mohammed bin Salman. The event is proudly organized by the Saudi Camel Federation.
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