Abu Dhabi // The car registration plate number 9 has been sold for Dh10million and become one of the most expensive number plates in the world. The total revenue for the "special-number" plate auction held by Abu Dhabi Police at the Emirates Palace hotel on Saturday reached more than Dh30m. The 81 plates auctioned also included the number 19, sold for Dh3.5m, number 77 bought for Dh3.3m, and the number 11111, which fetched Dh1.5m.
Brig Gen Salem al Shamsi, the director of privatisation and the resource management section, said there was an increase in the number of bidders this year. The money raised supports charity and social development projects. "The new auction season had a strong start, which shows that this season might include a lot of record-breaking plates," Ahmed Ahli, the successful bidder for the number 9 plate, said.
Organisers took extra efforts to make this season's auction unique, he added. The plates were presented in 3D with high-tech sound effects. "The new season shows a boom in licence plate auctions, which is a good economic sign," Salem Khalifa, another participant, said. hdajani@thenational.ae
The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
Power: 575bhp
Torque: 700Nm
Price: Dh554,000
On sale: now
Company%20Profile
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The specS: 2018 Toyota Camry
Price: base / as tested: Dh91,000 / Dh114,000
Engine: 3.5-litre V6
Gearbox: Eight-speed automatic
Power: 298hp @ 6,600rpm
Torque: 356Nm @ 4,700rpm
Fuel economy, combined: 7.0L / 100km
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
MATCH INFO
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