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Disney is to open a theme park and resort within the United Arab Emirates (UAE).
The American media and leisure large is linking up with Miral, an Abu Dhabi-based firm, which plans to construct the brand new park on Yas Island, on the outskirts of the town.
Miral already operates a sequence of points of interest on the positioning, together with SeaWorld and Warner Bros. World.
The joint announcement got here forward of a go to by Donald Trump to the area subsequent week wherein he has promised a sequence of enterprise offers with Saudi Arabia, Qatar and the UAE.
Disney will earn royalties and repair charges, nevertheless it has not been revealed which characters and franchises will function within the park.
In April, Common was given the inexperienced mild to construct its first European theme park and resort, which is ready to open in Bedfordshire in 2031.
In a joint assertion on Wednesday, the companies mentioned the resort will embrace themed lodging, eating places and shops and “storytelling in a means that celebrates each the heritage of Disney and the futuristic and cultural essence of Abu Dhabi”.
Disney’s idea picture reveals little about which of its characters or franchises may function. Pic: Disney
“Our resort in Abu Dhabi would be the most superior and interactive vacation spot in our portfolio. The placement of our park is extremely distinctive – anchored by a fantastic waterfront – which is able to permit us to inform our tales in fully new methods,” mentioned Josh D’Amaro, chair of Disney Experiences.
Sky Information approached Disney and Miral in regards to the timescales for the undertaking, however had been advised it was too early to take a position as an settlement had solely simply been reached.
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The UAE is positioned inside a four-hour flight of one-third of the world’s inhabitants, and hosts the biggest international airline hub on this planet, with 120 million passengers travelling by Abu Dhabi and Dubai annually.
Disney at the moment operates six resorts, the primary of which opened in California in 1955, adopted by websites in Florida, Tokyo, Paris, Hong Kong and Shanghai.
The announcement in regards to the resort coincided with Disney releasing better-than-expected quarterly outcomes, helped by a lift in its Disney+ streaming enterprise and powerful outcomes from its theme parks.
Income rose 7% to $23.6bn (£17.6bn) whereas working revenue got here in at $4.4bn (£3.2bn).
