Over the weekend, a two-character car license plate offered by Emirates Auction LLC sold for an eye-watering Dh55 million ($15 million), earning the title of the most expensive license plate in the world, Bloomberg reported. Plate number ‘P7’ went under the hammer during the “Most Noble Numbers” auction at the Four Seasons hotel in Jumeirah. The proceeds, which totaled close to Dh100 million ($27 million), will go toward benefitting the 1 Billion Meals Endowment campaign, a global food initiative founded by ruler Sheikh Mohammed bin Rashid.

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