By Andy Sambidge
Abu Dhabi Commercial Bank is latest corporate entity to put its name to network after deal for Karama Station
Abu Dhabi Commercial Bank has become the latest corporate entity to buy naming rights to stations on the Dubai Metro network.
The Roads and Transport Authority (RTA) announced on Monday that ADCB has signed an agreement to put its name to the Karama station on the Red Line.
Abdullah Yousef, CEO of RTA Rail Agency, said the deal was part of the RTA's keenness to avail the opportunity for various public and private companies in the UAE to participate in the naming rights project.
“Partnering with the Abu Dhabi Commercial Bank, which has joined a series of companies benefiting from the metro naming rights project, and will have the naming rights of Al Karama station, is a testament to the success of the project which gained the confidence of partners.”
He said the naming project has been copied by cities such as Chicago, Boston, Houston, London, Delhi-Gurgaon, Philadelphia, Montreal and Rio de Janeiro.
Ala’a Eraiqat, CEO of ADCB, added that he was "elated" to rename Al Karama station as Abu Dhabi Commercial Bank Station as the station is close to the bank's largest branch in Dubai.
Other stations named after private or public firms on both the Red and Green Lines include Mall of the Emirates, Deira City Centre, Etisalat, Gulf General Investment Company (GGICO), Sharaf DG, First Gulf Bank, Nakheel, The Palm Deira, Nakheel Harbour & Tower, Dubai Airport Free Zone, Noor Islamic Bank, Burjuman Center, and Danube Company.