Disney Abu Dhabi is a park and a coming resort

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Disney Bob Eygar CEO in the new theme park Abu Dhabi: an important occasion for the company

new Disney The parks are coming to Abu Dhabi.

Walt Disney Company Advertise Wednesday You have reached an agreement with MIMERSIVEDASITIAL TB to bring a garden and resort to Yas Island in the United Arab Emirates.

This will be the Seventh Disney Resort for Parks and will be fully developed by Miral. Disney will lead to imagine the creative design and operational supervision of the project. The entertainment giant will not invest the capital in the project, but it will gain the benefits of royalties.

The development in Abu Dhabi is not part of 60 billion dollars that Disney has pledged to invest in its entertainment gardens over the next decade.

“This is an exciting moment for our company and we are announcing plans to build a Disney park resort for parks in Abu Dhabi, whose culture is rich in the appreciation of arts and creativity,” said Disney CEO. Bob whenIn a statement. “As our seventh point of view, it will end from this land in an amazing way, as contemporary architecture blends with advanced technology to provide guests with immersive entertainment experiences deeply in unique and modern ways.”

In an interview with David Faber from CNBC on Wednesday, Egar said that the imaginations had already begun to design the garden. He refused to determine when the company expects to open the park.

“We are not attached to a date yet,” he said. “It usually takes between 18 months and two years for design and development in full and about five years for construction, but we do not adhere to any obligations at the present time.”

The advertisement came after Disney a A victory for the first and lower place for the second quarter, Thanks to its experiments-including gardens, cruises and resorts in addition to consumer products-6 % of revenue growth on an annual basis.

The sector represents 37 % of the company’s total revenue in the fiscal year 2024 and about 60 % of its operating income.

“It is clear that experiments are an important company for Disney and also an important growth platform,” Earger said at the Disney conference in the second quarter of a quarter of a quarter. “Despite questions about any total economic uncertainty or the impact of competition, it encouraged the strength and flexibility of our business as it is clear in these profits and in the second half reservations in the Walt Disney world.”

UAE foothold

Disney has slowly entered the United Arab Emirates in recent years, adding retail sites and a tour of entertainment offers such as “The Lion King” and “Disney on ICE”.

Iger CNBC told the company to look to the region for the first time as a new resort’s location in 2017 or 2018, but Covid and the CEO changed the delay in expansion in the United Arab Emirates.

Disney pointed out that about a third of the world’s population lives within four hours from the United Arab Emirates and that the region has a cantable tourism market of about 500 million visitors.

The CEO of Disney Bob Eugeger (PBUH) and Josh Damaro, Chairman of the Disney Experiences Board of Directors, talk about CNBC’s Squawkbox on May 7, 2025.

CNBC

“This leading resort’s destination is new limits in the development of cabarets,” said Josh de Amaro, the president of Disney experience. “Our resort in Abu Dhabi will be the most advanced and interactive destination in our portfolio. Our garden site is incredibly unique – based on the beautiful waterfront – which will allow us to tell our stories in completely new ways. This project will reach guests in a completely new part of the world, and welcome more families to experience Disney more than ever.”

Yas Island is a center for recreational and retail experiences. It is indeed a home to Ferrari Abu Dhabi, Yas Water World, Sureld Abu Dhabi, and Warner Bruce. World Abu Dhabi as well as the Formula 1 Yas Marina circle. The region also hosts the largest commercial center in Abu Dhabi and a award -winning golf course.

Upon completion, the new Disney Park will have a unique accommodation and experiences for dining and retail trade that integrates the heritage of stories in Disney, the future and cultural essence of Abu Dhabi.

“It will be much larger than anything currently here,” D’ARARO disturbed CNBC.

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