ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 06:27 UAE time

YOUR DIRECTORY /

UPDATE: Plate '1' smashes world record at $14.5mn

by This email address is being protected from spam bots, you need Javascript enabled to view it on Saturday, 16 February 2008
« Back to the article

Filter By Date Date Range


Posted on Sunday, 17 February 2008

vanity plates



Well at least the proceeds are going towards something worthwhile.

 

CLICK HERE TO POST A COMMENT

Response to obnoxious



True, there are more ways of spending this money, however UAE in comparison to the gulf has leaped forward into time drastically, so if someone with such a fortune wants to pay this much for a license, why not? Consider someone buying a very expensive bottle of wine, since drinking is mostly prohibited by gulf regions, residents might find it absurd to pay huge amounts of money on such an item which can be consumed in less than an hour. I believe that everybody should have a bigger eye or be more sensitive to different cultures. Besides, the money did go to charity at the end !

 

CLICK HERE TO POST A COMMENT

Embarrassed



This is embarrassing for the UAE and its image. This news hit front pages worldwide today... What a lousy way to get there too...

 

CLICK HERE TO POST A COMMENT

advertisement

Giving Away



This story would have been more palateable if Mr. Khouri had also announced a donation of an equal amount to his favourity charity. This would make him seem a true philantrophist (since the proceeds of this auction have also gone to a worth cause).
Sadly, the current story reads like an execrise in vanity.

 

CLICK HERE TO POST A COMMENT

Obnoxious



I personally think that such events produce a negative image of this country. For someone to fork out AED 52 million for a number plate is simply depressing.

I am sure there are a number of other ways to use this kind money where this is more value added.

 

CLICK HERE TO POST A COMMENT




Tell us your story

READER COMMENTS

  1. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  2. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »
  3. Dubai plans start-up help for expat entrepreneurs 01
    21 Nov ' 09 at 11:37
    this is great news really makes sense, especially since Small & Medium Enterprises actually make UAE. I sincerely hope that this is...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM