March 29, 2024

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RTA announces ADCB joining Dubai Metro’s corporate sponsorship project

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 Karama metro station
Karama metro station

The Roads and Transport Authority, RTA, has announced that the Abu Dhabi Commercial Bank, ADCB, has joined the Dubai Metro’s corporate sponsorship project, allowing Karama station on the Red Line to be named after the bank.

An agreement to this effect was signed by RTA with the Abu Dhabi Commercial Bank in the presence of Abdullah Yousef, CEO of RTA Rail Agency, and Ala’a Eraiqat, Chief Executive Officer of Abu Dhabi Commercial Bank, among scores of other concerned parties.

Mr. Yousef reiterated the RTA’s keenness to take the opportunity for various public and private companies in Dubai to participate in the naming rights project. He said, “Partnering with the Abu Dhabi Commercial Bank, which has joined a series of companies benefiting from the metro naming rights project, is testament to the success of the project which has gained the confidence of partners. The metro stations naming rights project is particularly appealing to owners of giant brands in Dubai, and contributes to attracting investment opportunities for their trade.” Mr. Eraiqat, Chief Executive Officer of ADCB, said, “The government’s clear vision has succeeded in providing a mass transit system characterised by high performance and operational efficiency just after five years from the initial operation of the Dubai Metro, which has proved to be one of the successful mass transport systems in the emirate.” Eraiqat was pleased to rename Al Karama station as Abu Dhabi Commercial Bank for its close proximity to the largest branch of the bank in Dubai.

Source : WAM News Agency for United Arab Emirates

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