The man who died after being stabbed in Alum Rock has been named by police as Ali Alshmari. Police were called to Bridge Road in the Birmingham suburb just after midday on Wednesday.
Uniformed and plain clothed firearms officers attended the incident, where they found two people injured. Mr Alshmari, 30, was sadly pronounced dead at the scene shortly afterwards, while a woman in her 50s was hospitalised with injuries to her hand. She has since been discharged, West Midlands Police said.
A man aged 32 was arrested nearby and remains in custody on suspicion of murder this morning, West Midlands Police said on March 4.
A knife believed to have been used in the attack has been recovered and is being examined. The force is not treating the incident as terror-related.
West Midlands Police statement added: "We know that this happened close to a school, and we are meeting with members of the local community today to discuss their concerns and offer them reassurance."
Det Supt James Munro, from our Homicide department, said: "This is a tragic and violent attack which has cost the life of Mr Alshmari, and left a woman injured."
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He added: "We are doing everything we can to establish exactly what happened and why, and the public's response has been fantastic.
"We've had CCTV, dashcam and mobile footage shared with us, which has been very helpful for the investigation, and I'd urge anyone who's not yet been in touch with us to do so as soon as possible.
"We understand how deeply distressing and concerning this incident is and we will have extra officers in the area to offer reassurance to the community."
People with information have been urged to call 101, quoting log 2105, or to get in touch with the force via their dedicated web page.