The Walt Disney Company has unveiled a new theme park development – its first new park announcement for 15 years.
The Disneyland Abu Dhabi resort marks the company’s entry in the Middle East.
The company announced details after its second-quarter earnings call.
It is teaming up with Miral which will develop and build the theme park resort on Yas Island.
Miral also developed several other resorts and attractions there, including SeaWorld YAS Island Abu Dhabi, Yas Waterworld, and Warner Bros. World.
It is Abu Dhabi’s main entertainment and amusement park hub.
Yas Island is 20 minutes from central Abu Dhabi and 50 minutes from Dubai.
Disney says the Abu Dhabi park, which will be directly on the waterfront, will be its most technologically advanced.
It is the first Disney announcement of a new park since 2010 when it unveiled plans for Shanghai Disneyland.
The company said it will not invest capital in the project but will benefit from a royalty licensing arrangement.
No specific details about park attractions have been disclosed yet.
