Times of Oman

West Bay Station takes the name of Qatar Insurance Group

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MUSCAT: Qatar Insurance Group (QIG) signed a partnershi­p agreement with Qatar Rail under the patronage and presence of Sheikh Abdulla bin Nasser Bin Khalifa AlThani, Prime Minister and Minister of Interior and Jassim bin Saif Al Sulaiti Minister of Transport and Communicat­ions, and top rank officials for naming the West Bay Station as Qatar Insurance Group station, which is the first agreement for naming stations.

This initiative is included in the CSR agenda and stations naming rights are a strategic aspect of Qatar Rail, through which it endeavours to execute partnershi­ps with the companies and leading Qatari and internatio­nal trademarks for the purpose of promoting its services in the stations and enabling it to reach a wider range of market-targeted segments. This agreement was signed by Sheikh Saoud bin Khalid bin Hamad AlThani, Qatar Insurance Group Board Member, and Eng Abdulla Abdulaziz Al Subaie, MD and CEO of Qatar Rail.

Speaking on this occasion, Sheikh Saoud said: “It is our pleasure to meet today with our partners in Qatar Rail while launching the first station in West Bay under the name of Qatar Insurance Group in coordinati­on and partnershi­p with Rail Project, included in major infrastruc­ture projects under execution and supportive to the Qatari economy within the Qatar National Vision 2030.”

Sheikh Saoud further stated, “Qatar witnesses significan­t economic developmen­t, progress and growth throughout the recent years in addition to a promising future vision under the wise leadership of Sheikh Tamim bin Hamad Al-Thani, Emir of Qatar.”

He added: “We, in Qatar Insurance Group, always endeavour to cooperate with our partners for enhancing the economic developmen­t in order to achieve sustainabl­e developmen­t, progress and welfare of all Qatari people, either in the present or the future, hoping permanent prosperity and pride for Qatar, our beloved country.”

From his part, Eng Abdulla Abdulaziz Al Subaie, MD and CEO of Qatar Rail, said: “Metro is one of the most important means of transport attracting a large and varied segment of users. In addition, stations generally represent attraction points for the occupiers of the neighbourh­ood, which is a unique opportunit­y for the companies to promote its trademarks and services. We look forward to working with Qatar Insurance Group in order to enhance its market position through this partnershi­p in the perfect manner.”

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