Last Friday night there was an auction in the square by the Hotel Arumaila. This is the second time I’ve passed by and seen an auction so maybe it’s a regular event. It was mostly Gulf Arabs buying various antiques, vintage items or (what appeared to me anyway) assorted bric-a-brac.
If you’re interested in buying the auction is held in Arabic so if you don’t speak Arabic you’d better bring a translator, otherwise you might pay a lot of money for a coffee pot or something :)
[June 2014 update, I was there around 4:30pm and despite the summer heat they were still holding an auction, I've added a daytime photo]
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