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After Upbeat Results, Disney Announces First Theme Park in West Asia
Business Standard
|May 08, 2025
Walt Disney Co announced plans for its first theme park in West Asia, a sprawling resort property in the emirate of Abu Dhabi.
The company's 13th park will be built, owned and operated by the Miral Group, according to the announcement Wednesday. Disneyland Abu Dhabi will be constructed on Yas Island, a major tourism hub in the United Arab Emirates that includes the Miral-built Ferrari World, Warner Bros World and SeaWorld parks.
It will be the company's first all-new location since the Shanghai Disney Resort opened in 2016. The Burbank, California-based entertainment company had previously outlined a decade-long plan to turbocharge growth in its parks division—its most profitable business.
Disney's "imagineers" are in the process of designing the resort and its attractions, a process that typically takes about two years, according to Josh D'Amaro, who leads the division that includes the company's parks, cruise ships and consumer products. Once the designs are complete, the park will take five to six years to build.
Details such as the cost and attractions of the resort weren't disclosed.
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