Dubais Roads and Transport Authority (RTA) has signed an agreement granting Mashreq Bank the naming rights for the Red Line metro station formerly known as Sharaf DG Metro Station. With this, the new name of the station has become Mashreq Metro Station.
In a statement, the RTA explained that the strategic location is near many of the banks customers and will enable Dubai Metros travellers to complete their transactions directly at the station. The agreement was signed by Abdul Mohsen Ibrahim Younes, CEO of RTA Rail Agency and Subroto Som, senior executive vice president and head of Retail Banking Group of Mashreq Bank.
In a related development, Hassan Al-Mutawa, director of Rail Operations, at RTAs Rail Agency revealed that RTA would rename two Dubai Metro stations, namely Palm Deira and Nakheel Harbour and Tower, which will become Gold Souq and Jebel Ali respectively.
Al-Mutawa added that the RTA has mapped out a plan for finalising the renaming of the said three metro stations by June 2, 2020.
Mashreq Station is an elevated station with an air theme. It spans 6,638 sq m in area and extends 138.28 m in length. It can accommodate 14,244 riders during peak hours, and a daily capacity to handle 256,392 riders.
Jabal Ali Station, a transfer station between the Red Line and Route 2020 has a water-theme and covers an area of 8,800 sq m with 150 m in length. It has a capacity of 16,964 riders during peak hours and a daily ridership of 320,000 riders.
Gold Souq station is an underground station with a water-themed design over an area of 20,420 sq m and a length of 145.10 metres. It can handle 26,416 riders during peak hours and a daily capacity of 475,488 riders.