The Emirates Venue offered a new home for Arsenal, who had outgrown their former stadium at Highbury. The initiative improved the local economy by awarding PS2.2 million in supply and construction contracts to local firms. The program is also credited with the creation of 1,800 long-term jobs. The stadium's construction aided in the redevelopment of the neighborhood. Emirates, who have been a club partner since the team relocated to its new stadium in 2006, will continue to display its airline moniker "Fly Emirates" on the squad's official match jerseys and training kit. The stadium's name will remain Emirates Stadium until at least 2028. "Emirates has once again demonstrated its strong conviction in our strategy and vision, and their considerably expanded investment will enable us to contend for trophies and deliver more success to the club and our supporters across the world." Emirates is an excellent partner for Arsenal, as it is a world-class brand with really worldwide reach. 51.55667°N 0.010611°W (51.55667; -0.10611) The Emirates Stadium (formerly known as Ashburton Grove, and as Arsenal Stadium for UEFA competitions) is a football stadium in Highbury, England that serves as the home of Arsenal.