ArabianBusiness.com - Middle East Business News
Monday, 09 November 2009 04:27 UAE time

YOUR DIRECTORY /

| Share |

Global rush for metro branding rights

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 15 April 2008
ORDERLY QUEUE: More than 250 companies across the globe have expressed interest in branding the Dubai Metro, currently under construction. (Getty Images)

More than 250 companies have expressed interest in making their mark on the Dubai Metro by putting their name to one of 23 stations up for grabs in a recently-announced branding initiative, the Roads & Transport Authority (RTA) said on Monday.

Interest shown by local and international firms had exceeded all expectations in the first two weeks of the naming rights project launch, an official said in a statement, while a further 120 had submitted official Request for Information documents through the RTA website.

“Both local and international brands are queuing up to become one of the first companies to brand a station, with requests received from worldwide as far a field as Japan, Greece, Spain, the UK and India,” said Abdul Mohsin Ibrahim, CEO for strategy and corporate governance.

Story continues below
advertisement

“These companies range from large property and business firms and local and international banks, through to large multinational blue-chip corporations.”

Under the programme, companies will be able to ‘own’ half of the 47 stations and two lines on the metro, the first of which is set to open in September 2009.

According to the RTA, corporate branding will be ‘carefully managed’ to guard against over-commercialisation, with landmark and historic sites to remain unbranded.

Stations available include both Al Qusais stations, Karama, Al Quoz, Garhoud, Union Square, Al Barsha and Abu Hail.

The RTA is to unveil full details of the project to business leaders and marketers at an invitation-only event on Tuesday, running four sessions throughout the day.

“Those companies that are interested in the naming rights project will be able to learn more on the formal process to lodge their interest and understand the way in which the naming rights agreement and benefits work,” Ibrahim said.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Roads & Transport Authority (RTA)»

 EMAIL ALERTS

  1. Roads & Transport Authority (RTA)

  2. Media & Marketing


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. The tipping scandal 12
    08 Nov ' 09 at 16:32
    Steve you are 100% right. Managers and bosses have no right to use tip money for any other purpose than todistribute it to the staff...   More  »
  2. The party's just beginning 10
    08 Nov ' 09 at 18:31
    The recession may be coming to an end, but my guess is that there is no party in sight, just a depression! The typical line i hear in...   More  »
  3. Al Habtoor chief upbeat on Dubai future 08
    08 Nov ' 09 at 20:55
    I agree with Mr Khalafs comments, yesterday is gone,tomorrow nobody seen, what he is expecting beyound tomorow ,is his positive...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM