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 2008Posted on Sunday, 17 February 2008
vanity plates
Posted by Jayant at 10:43 UAE time
Well at least the proceeds are going towards something worthwhile.
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Response to obnoxious
Posted by Adel at 10:36 UAE time
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 !
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Embarrassed
Posted by Jassem at 09:59 UAE time
This is embarrassing for the UAE and its image. This news hit front pages worldwide today... What a lousy way to get there too...
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Giving Away
Posted by Haroon Sheikh at 09:40 UAE time
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.
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Obnoxious
Posted by Abbas at 07:50 UAE time
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.




