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Al Khail Metro Station renamed to Al Fardan Exchange!

Al Khail Metro Station Renamed to Al Fardan Exchange Metro Station!

Dubai’s Roads and Transport Authority (RTA) has officially renamed Al Khail Metro Station to Al Fardan Exchange Metro Station, following a strategic agreement granting Al Fardan Exchange exclusive naming rights. The station, located on the Red Line of the Dubai Metro, sits between interchanges 4 and 5 of Sheikh Zayed Road.

A Milestone Public-Private Partnership.

This renaming is part of RTA’s initiative to foster public-private partnerships, allowing leading brands to gain exclusive representation at Dubai Metro stations. Through this agreement, Al Fardan Exchange will benefit from advanced technologies and smart solutions within the metro station, ensuring prominent brand visibility and enhanced customer engagement.

Strengthening Economic Partnerships.

Abdul Muhsen Kalbat, CEO of the Rail Agency at RTA, highlighted the importance of this collaboration, emphasizing its role in establishing a long-term economic partnership between RTA and Al Fardan Exchange. He described the initiative as a pivotal step in aligning with Dubai’s vision for economic growth and diversification.

“The metro station naming rights initiative is a cornerstone of public-private partnerships, with RTA representing the public sector and Al Fardan Exchange the private sector. Our visionary government strongly advocates such collaborations to drive national economic growth and promote diversification,” Kalbat said.

Success of the Metro Naming Rights Initiative.

The naming rights initiative has been a resounding success since its inception, strengthening Dubai’s position as a hub for innovative urban solutions. Kalbat reiterated RTA’s commitment to working closely with the private sector, acknowledging its key role in economic and service sector development. He also noted that such collaborations facilitate knowledge exchange, expertise sharing, and job creation.

Al Fardan Exchange’s Commitment to Dubai’s Growth.

Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, expressed pride in securing the naming rights for a key station in Dubai’s metro system. He highlighted the company’s deep roots in Emirati heritage and its dedication to shaping Dubai’s future.

“Public transportation is the lifeline of any modern city, and Dubai’s metro system is a testament to the emirate’s innovative approach to urban mobility,” Al Fardan stated.

Conclusion.

The renaming of Al Khail Metro Station to Al Fardan Exchange Metro Station marks another step forward in Dubai’s ambitious urban and economic vision. With a strong emphasis on collaboration between public and private sectors, such initiatives continue to enhance the city’s infrastructure and economic landscape.

For more updates on Dubai’s latest developments, visit iKnowUAE.com.

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