A UAE-based businessman is set to make millions from the sale of a highly desired web domain name.
Brendan O’Shea, the Irish business development director in an Abu Dhabi management consultancy, has been offered Dh4 million by an Emirati for the web domain name vip.ae, which he registered in early 2007 to promote an event for VIPs in the UAE capital."I was truly surprised when I discovered I owned such a sought-after web address. I knew I was lucky at the time to buy such a generic name as vip.ae, but I never quite realised the sales value. Obviously, I was delighted to receive an offer of Dh4 million. However, my experience in business has taught me never to jump at the first offer," O’Shea said in a Press release.
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