License Plate “S Q R 11” Surpasses One Million EGP in Traffic Auction
A number over a million. A distinctive license plate bearing the name of a famous bird of prey has achieved an unprecedented price jump in the traffic auction, with bids continuing to rise ahead of the decisive closing moment.
The auction concerns the plate “S Q R 11”, which has reached a price of 1,111,000 EGP so far. Expectations suggest the value may climb even higher in the coming hours, before bidding closes next Wednesday.
Where Does the Auction Money Go?
Funds from these special numbers don't go to public coffers alone. They are directed to the Tahya Misr Fund, which supports the Egyptian economy and social justice. The fund's mission is to bring tangible improvements to the lives of large segments of citizens, through multiple development projects.
The fund works alongside state institutions, including government agencies, civil society, and the private sector, serving as a supporter and financier for social, health, and urban development projects. It also contributes to economic empowerment and focuses on easing the burden on the most needy groups.
Community Protection Programs
Protecting and caring for homeless children tops the priority list. The fund provides shelter, rehabilitation, food aid. Works to relieve the debts of insolvent debtors, which contributes to family and individual stability. It also supplies essential food items to the most vulnerable groups.
This auction for a distinctive plate isn't merely a commercial transaction. It's a chance to participate in a wide-scale community effort. Anyone interested in joining the competition and obtaining one of these special plates can visit the official auction website and take the next step.
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