Dubai: The Al Khail Metro Station in Dubai has been renamed as Al Fardan Exchange Metro Station, the Roads and Transport Authority (RTA) announced on Tuesday. Al Khail Metro Station is located on the Red Line of the Dubai Metro, between interchanges 4 and 5 of Sheikh Zayed Road.This follows RTA signing an agreement granting Al Fardan Exchange the naming rights for Al Khail Metro Station.As part of this agreement, Al Fardan Exchange will receive exclusive brand representation, complemented by a suite of advanced technologies and smart solutions, RTA stated.Abdul Muhsen Kalbat, CEO of the Rail Agency at RTA, expressed his delight in signing the agreement with one of the country’s leading financial services providers, describing it as a pivotal and dynamic step toward establishing a long-term, mutually beneficial economic partnership between RTA and Al Fardan Exchange.Kalbat said: “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, which also paves the way for the private sector to align with the government’s vision in this regard.”