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Disney To Open Theme Park In The Middle East - Business - Nairaland 5p1v3c

Disney To Open Theme Park In The Middle East (7078 Views)

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obedience4(m): 4:30pm On May 07
Walt Disney has announced plans to open its first theme park in the Middle East.

The resort, which will be in the United Arab Emirates (UAE) on Abu Dhabi's Yas Island, is a collaboration between Walt Disney and local leisure and entertainment company Miral.

Disney already has six theme parks spanning North America, Europe and Asia. Its most recent opening was in 2016 in Shanghai.

Miral is responsible for the development of Yas Island as a tourist destination and already operates SeaWorld and Warner Bros World where it is developing a Harry Potter-themed park.

In a statement announcing the new facility, Disney said the UAE was located within a four-hour flight of one-third of the world's population, making it a "significant gateway for tourism".

It added that 120 million engers travel through Abu Dhabi and Dubai every year, making the Emirates the biggest global airline hub in the world.

Disney chief executive Robert Iger described the plans for the new park as a "thrilling" moment for the company and said Disneyland Abu Dhabi would be "authentically Disney and distinctly Emirati".

The 10-sq-mile (25-sq-km) Yas Island is 20 minutes from downtown Abu Dhabi and 50 minutes from Dubai.

Miral's boss Mohamed Abdalla Al Zaabi said bringing a Disney theme park resort to the area marked a "milestone in our journey to further advance the island's position as a global destination for exceptional entertainment and leisure".

He said the development would " sustained economic growth in Abu Dhabi and beyond".

The company's first theme park, Disneyland, opened in Anaheim, California in 1955. It was followed in 1971 by Walt Disney World in Orlando, Florida.

International expansion began in 1983 with a park in Tokyo; Disneyland Paris opened in 1992, then came Hong Kong in 2005 and, most recently, Shanghai in 2016.

Disney feeling confident

Also on Wednesday, Disney announced better than expected results for the first three months of 2025, with revenue up by 7% to $23.6bn (£17.7bn).

The Disney+ streaming business added 1.4 million customers. Previously Disney had predicted a slight decline in subscribers due to a price increase.

Attendance rose at US parks with visitors spending more and there was also a rise in cruise ship bookings following the launch of the new ship Disney Treasure.

"Despite questions around any macroeconomic uncertainty or the impact of competition, I'm encouraged by the strength and resilience of our business," said Mr Iger.

Dannie Hewson, head of financial analysis at AJ Bell said at a time when so many businesses in the US were "worried about the potential impact of tariffs on consumer spending, on household budgets, Disney is feeling confident".

https://www.bbc.com/news/articles/cdrgr2zzv00o

4 Likes 1 Share

sofeo(m): 5:39pm On May 07
Good of them.

2 Likes 1 Share

EbereGod: 5:40pm On May 07
Let it not be bombed please.

Modified: it's in UAE, better.

6 Likes

AmGreat1234: 5:40pm On May 07
Nice one.

1 Like

IPIGSRSHALLOW: 5:42pm On May 07
EbereGod:
Let it not be bombed please.

Modified: it's in UAE, better.

Not in SE, it says Middle East.

They don't have to worry about unknown gunmen and IPOB human flesh eaters.

18 Likes 3 Shares

kingthreat(m): 5:43pm On May 07
The next theme park will be in the city of Lagos, Nigeria. grin

24 Likes

id4sho(m): 5:43pm On May 07
Big booties, g string and mini skirts go surplus 👌💯

3 Likes

Mabuggi88: 5:45pm On May 07
Wetin concern us here
jojothaiv(m): 5:45pm On May 07
Gbam!

1 Like

mytime24(f): 5:46pm On May 07
Why'nt any Africa country

2 Likes

Boreholedrillin: 5:47pm On May 07
H

1 Like

AntiChristian: 5:47pm On May 07
cool

Why can't they open am for South-East?

cool

3 Likes

BlackViper: 5:49pm On May 07
Fresh target for ISIS

1 Like

omoredia: 5:50pm On May 07
Hehe for suicide bombers? Lol
mrvitalis(m): 5:53pm On May 07
When I look at people say they are de marketing nigeria I laugh

Business go where people can afford them... It's like asking Mercedes to come. Build factory in nigeria... Less than 5000 people can afford to buy brand new Mercedes yearly in Nigeria

Less than 200 actually buy

Disney ticket and expenses in the theme park would cost you an average of 200 dollars minimum

How many people can afford than in Nigeria? 100,000 ? That's less than people they serve per week

9 Likes

Negroid001(m): 5:56pm On May 07
Had to read again. Thought I saw east

3 Likes

TheStranger: 5:58pm On May 07
Gradually

1 Like

TechBaron: 6:02pm On May 07
Sensational reportage.

UAE...

2 Likes

Bubu4Sea: 6:02pm On May 07
No be haram 😆
IPIGSRSHALLOW:


Not in SE, it says Middle East.

They don't have to worry about unknown gunmen and IPOB human flesh eaters.
Disney no go wan turn theme park into a skull miners buffer, so can't even think of the SW.
Negroid001:
Had to read again. Thought I saw east
Disney no go wan turn skull supplier for SW

3 Likes

DeLaRue: 6:03pm On May 07
kingthreat:
The next theme park will be in the city of Lagos, Nigeria. grin

Something like this can actually work in a place like Epe if there's enough land, and if:

1) the new Lagos airport is in place

2) other parts of the Lagos transport network is improved

3) purchasing power improves significantly across Nigeria and West Africa.

In 10-15 years time, may be

It will draw in people from across West and parts of Central Africa.

1 Like

Blackdisciple(m): 6:06pm On May 07
Thank God that it will be in UAE and on an island not in some extreme Islamic ruling countries before they will come and start shooting people

2 Likes

Eriokanmi: 6:10pm On May 07
UAE is a better location. They're liberal

1 Like

Eriokanmi: 6:11pm On May 07
kingthreat:
The next theme park will be in the city of Lagos, Nigeria. grin
I pray 🙏 we can also create our own too, you know. In 2019, I visited the Los Angeles Disney Park Adventure. Beside it was a massive construction ongoing. I asked those around what it was all about and they said it's a park, which will be competing with that of Walt Disney close by.
We can also do something similar here . Sadly, our politicians won't see such business potential. Na to bury dollar underground, keep inside coffin or inside vaults at home and power it with ac dem sabi

2 Likes 1 Share

Omoapena(m): 6:12pm On May 07
mytime24:
Why'nt any Africa country
they are coming, they need to be sure Africa is totally safe before investing in any African country.
Eriokanmi: 6:16pm On May 07
Omoapena:

they are coming, they need to be sure Africa is totally safe before investing in any African country.
Good point. I'd tip Lagos, Jo'burg in africa
Bar1941(m): 6:19pm On May 07
Since baby Trump scared off potential tourists to the State, Disney had to start thinking of opening up branches in other places to survive.

The US generates a lot of revenue via tourism and international studies but these are gradually fading off.
kayyyy44: 6:27pm On May 07
I swear I thought it eastern Nigeria 🤣😂🤣 I wan make mouth
Negroid001:
Had to read again. Thought I saw east
papyjaypaul: 6:34pm On May 07
This is not good news. One of the destructions to give to a child is to give them fantasies.

Kharol1234: 6:39pm On May 07
Middle east don they like sweet in the middle
AmalaAtiEwedu: 6:42pm On May 07
Worse decision by Disney ever.

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