💨 Abstract

Disney is building its seventh theme park in Abu Dhabi, UAE, on Yas Island, which already has several attractions. The project is a collaboration with Miral, an Abu Dhabi developer, aiming to leverage the region's high tourist traffic. Disney will handle design, licensing, and management but will not invest capital. The park's opening date is unspecified. Disney's stock surged over 9% following the news. The announcement coincides with U.S.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖