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Dubai government-owned Emirates airline is to sponsor the Italian football club AC Milan, a source close to the deal told Reuters.
The deal is said to be worth nearly $70m and will be a four year shirt sponsorship. The Dubai-based airline will replace the Austrian online group bwin and the Emirates logo is set to appear on shirt from July 2010 to June 2014.
Negotiations are believed to have begun when the club, which is owned by Italian Prime Minister Silvio Berlusconi, spent their winter retreat in Dubai in April last year.
The sponsorship deal is expected to be announced in Milan this week. However, the source denied media reports that the deal will include a stake in the club.
An Emirates spokesperson told Arabian Business: "We have been reviewing our sponsorship contract with AC Milan. We expect to announce the result of negotiations in the very near future."
Given that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonI was under the impression that an Emirati woman can not marry a non-Emirati man; only men can marry a non-Emirati women. If that is so, then I guess... more
Thursday, 24 May 2012 10:49 AM - SAMMay be they are just afraid that the Prince will try and change the name to Arabian Wood , from Holly Wood :-) more
Thursday, 24 May 2012 1:25 PM - mobiloctiGiven that Alcohol has become a huge problem in Britain and especially the cheap booze that has caused binge drinking, I think Alcohol should be banned... more
Thursday, 24 May 2012 8:14 PM - FreemanDear Qatar, not clever at all, non sustainable, massive carbon footprint and environmentally silly. why have you not learned from the mistakes made by... more
Thursday, 24 May 2012 8:14 PM - richardGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulInstead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - Fahdseveral good points made here however democracy is about all the people and there are over 4 million people in Kuwait, Kuwaitis and expats we the expats... more
Friday, 18 May 2012 7:32 PM - jamesLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - Gregthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - Baffy
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