• HSBC

82% own 1-5 year-old cars in UAE

  • United Arab Emirates: Sunday, August 31 - 2008 at 12:54

Only about 10% of car owners will be affected when the new rule on old cars that has to be taken out of UAE roads take effect in January 2009. An RTA official told Gulf News that some 82% in the UAE are between one and five years old, and only 10% are ten years older. Registering or renewing licences of vehicles older than 20 years will be banned in 2009, according to a recent Federal law as the number of registered vehicles in Dubai reached 853,827 in 2007.

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