fbpx
Thursday, November 21, 2024

Punjab Bank Secures Rs-1 Billion Naming Rights Deal for Gaddafi Stadium

-

The Pakistan Cricket Board (PCB) has finalised a five-year, Rs1 billion agreement with the Bank of Punjab for the naming rights of Gaddafi Stadium in Lahore, significantly surpassing the revenue from Karachi’s stadium deal.

In preparation for the Champions Trophy, the PCB is upgrading stadiums in Karachi, Lahore, and Rawalpindi. To help fund these upgrades, it tendered the naming rights for Gaddafi Stadium, leading to this high-value contract.

Previously, Karachi’s stadium was rebranded as National Bank Cricket Arena in a Rs450 million deal set to end in 2027.


LATEST POSTS

Night Travel Banned in Balochistan-Move to Boost Passenger’s Safety

The Balochistan Transport Authority has issued a directive urging vehicles on inter-provincial routes to avoid nighttime travel in a...

Sindh Police Cracks Down on Illegal Hotels – 9 Foreign Nationals Detained

In a decisive move to enhance security, Sindh Police has cracked down on illegal hotels and guesthouses, detaining nine...

PTA Reports 25,000 VPN Registrations in Pakistan

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) announced that 25,000 VPNs have been registered in Pakistan. This was shared during...

Most Popular