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Indian buys car number plate for ₹59 crore in Dubai
short by Mansha Mahajan / on Sunday, 9 October, 2016
Indian businessman Balwinder Sahani has paid 33 million dirhams ($9 million) for a Dubai licence plate for one of his Rolls Royces. Plate ‘D5’ was sold at a government auction on Saturday, the proceeds of which will go to Dubai’s Roads & Transport Authority. Notably, in the United Arab Emirates, a shorter number is a status symbol.
read more at Bloomberg