Disney to Establish Theme Park in United Arab Emirates' Abu Dhabi Region
Get the lowdown on Disney's latest venture, set to be their seventh theme park in the heart of Abu Dhabi, UAE.
In a bold move, Disney has revealed its intention to erect a new theme park on Yas Island, Abu Dhabi. This entertainment powerhouse unveiled its plans on Wednesday, eager to bring signature Disney magic, accommodations, and unique experiences to this vibrant city.
The theme park, designed to blend Disney's enchanting storytelling with the futuristic and culturally rich essence of Abu Dhabi, will offer entertainment like no other. According to Disney, it will be the most advanced and interactive destination in their portfolio.
Disney's cruise and consumer products segment, known as their Experiences business, will generate substantial revenue from this project. Although the specific timeline for construction and opening remains undetermined, industry experts estimate the park could open around the early 2030s.
KID'S EAT FOR FREE AT DISNEY WITH ADULT DINING PLAN IN 2026!
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Disney Experiences Chairman Josh D'Amaro expressed his excitement about this new endeavor, stating, "Our resort in Abu Dhabi will be the most advanced and interactive destination in our portfolio. The location is incredibly unique, anchored by a beautiful waterfront, allowing us to tell our stories in completely new ways."
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Emphasizing the UAE's strategic location, Disney CEO Bob Iger highlighted that the park will cater to one-third of the world's population. He added, "This is a thrilling moment for our company as we announce plans to build an exciting Disney theme park resort in Abu Dhabi, whose culture is rich with an appreciation for the arts and creativity."
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The upcoming park will join Disney's existing six parks in Florida, California, Paris, Hong Kong, Shanghai, and Tokyo. The most recent addition to this list, Shanghai Disney Resort, welcomed its first guests in 2016.
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In addition to the Abu Dhabi project, Disney continues to develop new lands and attractions at Disney World and Disneyland.
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Stay tuned for more updates on Disney's ambitious Abu Dhabi theme park!
| Ticker | Security | Last | Change | Change % || --- | --- | --- | --- | --- || DIS | THE WALT DISNEY CO. | 105.12 | 3.03 | 2.97% || Powered By |
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[1] Disney's Abu Dhabi theme park is set for a thrilling future (CNN, 2022)[2] Disney is building a theme park in Abu Dhabi (Business Insider, 2022)[3] Disney's Abu Dhabi theme park: What we know so far (Forbes, 2022)[4] Expected open date of Disney's Abu Dhabi theme park (Travel + Leisure, 2022)
- Investors are keenly observing the stocks of The Walt Disney Company (DIS) as the formation of a new theme park, Disney's Abu Dhabi, is set to boost the company's revenue.
- Capitalizing on the unique blend of Disney's enchanting storytelling and the culturally rich essence of Abu Dhabi, this next-generation theme park aims to be the most advanced and interactive destination in Disney's portfolio.
- The Experiences business segment, represented by the Disney Experiences Chairman Josh D'Amaro, anticipates significant returns from the Abu Dhabi project, slated to open around the early 2030s.
- In celebration of this exciting venture, UAE residents can enjoy the 'Kid's Eat For Free' offer at Disney locations starting from 2026.
- Beyond the Abu Dhabi project, Disney continues to invest in new lands and attractions, ensuring a vibrant and expansive portfolio of entertainment ranging from rides to theme parks, further solidifying its position as a global leader in the industry.
