Space42 Secures Naming Rights for Abu Dhabi's New Arena

by News Desk 9 months ago Hospitality SPACE42

In Al Raha Beach, Abu Dhabi, the multi-designed, cutting-edge "Space42 Arena" will host conferences, athletic activities, concerts, and more.

Space42 (ADX: SPACE42), the UAE’s first AI-powered SpaceTech company with international outreach, has entered into a 10-year exclusive naming-rights agreement with the UAE Muay Thai and Kickboxing Federation. Under this partnership, Abu Dhabi’s latest multi-purpose arena will officially be called the “Space42 Arena.” This collaboration reflects Space42’s dedication to enriching Abu Dhabi’s business and cultural ecosystem by offering a premier venue for both local and international events.

Strategic Location and Venue Features

Situated on Al Raha Beach, one of Abu Dhabi’s prime locations, the Space42 Arena spans a total area of 4,000 square meters. At the heart of the venue lies a 2,500-square-meter indoor arena designed to accommodate up to 3,000 attendees. This modern facility also includes backstage areas, conference rooms, and other amenities, making it a versatile space for various event types.

A Hub for Global and Local Events

The Space42 Arena is envisioned as more than just an event space—it aims to become a dynamic hub for cultural, corporate, and community activities. The venue will host a wide variety of events, including concerts, sports competitions, and conferences, fostering engagement across industries and enhancing Abu Dhabi’s appeal as a global destination.

Strengthening Community Ties

This partnership symbolizes Space42’s long-term commitment to the UAE, as it aligns with broader goals to integrate innovation, sports, and culture. The Space42 Arena will play a key role in creating shared experiences for residents and visitors, positioning itself as a world-class venue that bridges the local and global community.

H.E. Abdullah Al Neyadi, Chairman of the UAE MuayThai and Kickboxing Federation, said, “We are honoured to partner with Space42 in this ground-breaking venture. The Space42 Arena embodies Abu Dhabi and the UAE's visionary spirit, fostering growth and innovation in our community. This partnership is about shaping a future driven by creativity and excellence. The Space42 Arena symbolizes our dedication to progress and a vibrant culture of innovation, serving as a dynamic hub where ideas flourish and communities unite. Together, we are creating a space that inspires and elevates, fostering a culture of innovation that will resonate far beyond the UAE.

Hasan Al Hosani, CEO, Bayanat Smart Solutions, Space42 said, “As Space42 continues to push the boundaries of innovation, this partnership represents our commitment to shaping the future of technology and exploration while enriching Abu Dhabi’s cultural and sporting landscape. The Space42 Arena will be a beacon of possibility, uniting local excellence and global ambition. Through this venue, together we aim to inspire a new era where technology, connectivity, and human potential converge, creating transformative experiences that resonate far beyond the UAE.”

Abdulla Al Shamsi, Chief Operations Officer, Bayanat Smart Solutions said, “Sponsoring the Space42 Arena aligns with our strategic vision of driving innovation and excellence. As we continue to push the boundaries of AI and space technology, the Space42 Arena will stand as a powerful symbol of our ambition to drive progress, foster collaboration, and make a lasting impact, both in the UAE and on the global stage. The arena will be a critical platform for showcasing cutting-edge technologies, from space and AI to autonomous solutions, and will host industry-leading events that bring together global leaders and innovators.”

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