Overview

• Disney announced its first Middle Eastern theme park in Abu Dhabi, to be fully funded and operated by Miral Group under a licensing model similar to Tokyo Disneyland.
• Rumors suggest Disney CEO Bob Iger vetoed a Saudi Arabia proposal due to ethical concerns, though Abu Dhabi's restrictive policies have also drawn criticism.
• Former President Donald Trump praised the project, revealing Iger had personally presented the plans to him in the Oval Office.
• The announcement triggered a 10% jump in Disney's stock, reflecting investor confidence in the Middle East expansion strategy.
• Critics question Disney's commitment to inclusivity, citing concerns over Abu Dhabi's stance on LGBTQ+ rights and censorship challenges.