Meraas has signed an exclusive ten-year naming rights deal with Coca-Cola for Dubai Arena.
The newly branded Coca-Cola Arena will be opened in June this year.
The 17,000-capacity venue, which is located in City Walk, will host live music concerts, sporting events and corporate events all year-round.
“We are proud to have a company of such worldwide renown as Coca-Cola taking on the naming rights for the arena in the long-term," said His Excellency Abdulla Al Habbai, Meraas Group Chairman
"It is a testament to the unrivalled positioning of Dubai as a global tourism, leisure and entertainment hub."
The long-term deal also gives Coca-Cola a range of exclusive on-site rights.
“We are proud to be a part of this highly anticipated entertainment destination which demonstrates our commitment to the region," said Murat Ozgel, General Manager of Coca-Cola Middle East and Deputy President of Coca-Cola Middle East and North Africa.
"The Cola-Cola Arena will build on Dubai’s thriving entertainment industry, positively contributing to the city’s ambitions to become a world-leading metropolis. The arena will create another iconic landmark in the city attracting visitors from across the world."

UAE condemns Houthi militia's attacks on Saudi Arabia
Thank You UAE campaign expands workplace participation
UAE delegation visits Doha to offer condolences to Qatar’s Emir
Fire brought under control at Ajman residential tower
Dubai Humanitarian sends fourth aid airlift to support Ebola response
