Overview
- Disney has partnered with Abu Dhabi-based Miral Group to build its first Middle East theme park, fully funded and operated by Miral under a licensing model similar to Tokyo Disneyland.
- CEO Bob Iger reportedly vetoed a proposal for a Saudi Arabian Disneyland, citing ethical concerns, though critics question the UAE’s human rights record, particularly regarding LGBTQ+ rights.
- The park, to be located on Yas Island, is in the design phase with no announced opening date, promising cutting-edge technology and unique attractions.
- Donald Trump publicly praised the project, highlighting his personal preview of the plans and emphasizing growing U.S.-Middle East business ties during his trade mission.
- Disney’s stock surged over 10% following the Abu Dhabi announcement, reflecting strong investor confidence despite ongoing ethical and cultural debates.