Money transfer firm signs deal to rename Dubai Metro station


By Staff

Money transfer company UAE Exchange, owned by Indian-born billionaire Bavaguthu Raghuram Shetty, is the latest to sign a deal to name a Dubai Metro station.

1Dubai’s Roads and Transport Authority (RTA) said it has inked an agreement with UAE Exchange to rebrand the Jebel Ali Metro Station on the Red Line.

“The company has, as a result, become an integral part of the revamping process driven by the RTA, which has effectively contributed to transforming the concept of cooperation between partners into an advanced level of integration and comprehensive partnership in the concept of branding,” the RTA said in a statement.

Abdullah Yousef, CEO of the RTA’s Rail Agency, and UAE Exchange’s president, Y Sudhir Kumar Shetty, signed the agreement. More info