Just in:
Hong Kong regulator widens crackdown on IPO manipulation // IEA projects prolonged diesel supply squeeze through 2027 // Billion-dollar firms report wider gaps in security patching // Standard Chartered brings direct cryptocurrency trading to UAE clients // Ransomware attackers target families as artificial intelligence spreads // ZTE Hong Kong and LSCM Sign Memorandum of Understanding to Advance Hong Kong’s Digital and Intelligent Development // Copper extends losing streak as US inflation accelerates // GFH Partners transfers Chicago logistics facility for $151 million // China Refuses To Be Labelled As A Developed Country, It Is Happy As A Developing Nation // BR Shetty pursues $15bn damages against Bank of Baroda // Discover Surprising Southern Taiwan: Taiwan Tourism Administration Teams Up with Airlines & Travel Platforms with Multi-Million Rewards for International Travelers // Microsoft and G42 detail AI agents in investment decisions // Amid Mounting Global Health Crises, World Health Summit Closes in Berlin with New Commitments // De Beers Group and The Government of The Republic of Botswana Extend Partnership with Olympic Champion Letsile Tebogo as Global Ambassador // IMF projects Asia-Pacific expansion easing through 2027 // US Treasury yields surge after inflation exceeds forecasts // UAE passport leads 2026 mobility ranking with 182 destinations // Indonesia wildfire haze darkens skies, closes Timor schools // SMS Tan Kiat How, Rosianna Silalahi and Glenda Gloria to speak at PRISM Summit 2026 // Dubai Aerospace targets $2.1 billion dual-currency financing //

Revenues of 93rd public auction hits AED42 million

18 December 2016

Roads and Transport Authority – Manal Khaled: The proceeds of the 93rd Public Distinctive Number Plates Auction held by Roads and Transport Authority (RTA) the day before yesterday (Saturday) at the Emirates Towers Hotel clocked AED42 million. Three licensing plates accounted for the lion share fetching AED15 million. The plate I 10 was the auction topper selling for AED6.7 million.

Ahmed Bahrozyan, CEO of RTA Licensing Agency, commented: “The auction was quite popular as the number of attendees reached 500. 91 plates were offered comprising various codes. The plate Q 12  brought back AED5 million followed by C 55, which made AED4 million.

“The number C 888 was the best seller amongst the three-digit plates fetching AED1.81 million, and M 222 was sold for AED1.44 million. In the four-digit plates, the number I 1000 was sold for AED1.1 million. In the five-digit plates, the number L 11111-yielded AED1.98 million and E 55555 was sold for AED1.03 million.

“A lucky bidder was awarded the complimentary plate P 479 through a draw conducted at the end of the auction in a bid to add happiness to clients and encourage them to attend the forthcoming auctions.

Advertisement

“The 93rd plate was hugely competitive attracting bidders from all spectrums of the community with different age levels and backgrounds in a testament to the success of public auctions; which have now reached 93 sessions. The next open auction will be held in February 2017,” added Bahrozyan.

-Ends-

© Press Release 2016

© Copyright Zawya. All Rights Reserved.

Via Zawya



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


Loading next story…