Walt Disney Co has announced its plans to establish its first entertainment park in the Middle East, within a large resort in Abu Dhabi. This park, which bears the name “Disney Land Abu Dhabi”, will be the thirteenth park of the company worldwide, and will be developed, owned and operated by the ‘Miral Group’, according to the statement issued on Wednesday. The project is held on the island of “Yas”, the prominent tourist destination in the UAE, which also includes “Ferrari World”, “Warner Brothers” and “C World” parks. This project represents the first major new expansion of the company since the opening of the “Shanghai Disney” resort in 2016, and is part of a decimal plan aimed at speeding up the growth of the Department of Parks, which is most profitable in the work of “Disney”. Josh Damaro, head of the department responsible for parks, tourist ships and consumer products in “Disney”, said that the ‘innovators’ team in the company, known as ‘Imagineers’, currently works on the design of the resort and its entertainment functions, a process that usually lasts about two years, provided the construction between five to six years. The details of the project costs, or the nature of the entertainment functions, were not unveiled. “Disney Land Abu Dhabi” the most advanced in an interview: “The project is very ambitious, and the country we use will be sufficient to display all our entertainment signs.” He added: “We see a tremendous opportunity in the Middle East, and we have found the website and partner suitable for our pursuit.” Damaro explained that “Disney Land Abu Dhabi” will be the most advanced resort of the company, and that “Miral” will bear the full cost of developing the project, giving “Disney” a presence in the world’s largest flight flight center without financial dedication, as it goes through the Abu Dhabi and Dubai airports annually. Damaro indicated that the talks began with ‘Miral’ about 18 months ago, and that the management of the Emirati business last year visited the ‘Disney’ headquarters in Brank, California, to review the proposals. ‘Disney’ announced last year that its capital investment in the parks sector will double up to $ 60 billion during the next decade, with the aim of accelerating the growth in the activities of ‘recreational experiences’. In these plans, the fleet of entertainment trips is to reach 13 ships by 2031, and the erection of an entertainment area dedicated to the “wicked” characters in Walt Disney World “in Florida.” Walt Disney Competition comes, as this expansion comes as the competition “universal destinations and experience”, which intends to open a new park in Florida in a cost of $ 7 billion, which works later this month because it works to develop his job can be a direct participant in “Disneyland Paris”. An artificial tourist area that spans an area of about 26 per square kilometers, about 30 minutes from the center of Abu Dhabi, and contains beaches, shopping malls, entertainment parks, hotels and golf stadiums and many other tourist facilities. However, all the products of the business did not achieve the same success in the Emirates. Damaro explained that “Disney” always meets his own values and standards, as well as to respect local laws and regulations, in all the countries in which they are active. Disney today announced financial results that exceeded expectations for the second quarter of the financial year, and raised her expectations for the whole year, with the support of the high profits of its entertainment park in the United States, direct broadcasting services and film production studio. Total turnover increased by 7% to $ 23.6 billion, while the share of the share rose 20% to $ 1.45, exceeding the average $ 1.2 estimates.
“Disney” planned for the first entertainment park in the Middle East in Abu Dhabi
