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Disney to build its 7th theme park, this one in the United Arab Emirates

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Disney to build its 7th theme park, this one in the United Arab Emirates
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Disney to build its 7th theme park, this one in the United Arab Emirates

2025-05-08 01:38 Last Updated At:01:41

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

The waterfront resort will be built on Yas Island on the outskirts of Abu Dhabi, already home to Formula One’s Abu Dhabi Grand Prix, the Ferrari and Warner Bros. amusement parks, SeaWorld and a waterpark.

Abu Dhabi is the capital of the United Arab Emirates, a federation of seven sheikhdoms on the Arabian Peninsula. Home to 9 million people, it has leveraged its long-haul carriers Emirates and Etihad Airways to bring in more tourists over the years. A real-estate boom and the city’s highest-ever tourism numbers have made Dubai a destination as well as a layover.

Disney and Miral, the Abu Dhabi developer overseeing the project, hope to capitalize on the 120 million airline passengers that travel through Abu Dhabi and Dubai each year.

While long viewed as more buttoned up than the beaches and raucous nightlife in neighboring Dubai, Abu Dhabi also is home to the Louvre Abu Dhabi and there are more museums currently under construction.

The theme park announcement is being made ahead of a visit by U.S. President Donald Trump to the region next week. Trump has promised a series of business deals with Saudi Arabia, Qatar and the UAE.

The theme park will be built and operated by Miral, but Disney will handle the design and development. Disney will also license its intellectual property and provide development and management services, according to a regulatory filing.

The California company will not be providing any capital for the project. It will earn royalties based on the resort’s revenues. It will also earn service fees.

Miral has been involved in the development of almost all of the entertainment complexes built on the island.

A projected opening date has not been announced.

Shares of Disney, which also reported second-quarter financial results on Wednesday that beat Wall Street's expectations, jumped more than 9% in morning trading.

FILE - A statue of Walt Disney and Micky Mouse stands in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla., Jan. 9, 2019. (AP Photo/John Raoux, File)

FILE - A statue of Walt Disney and Micky Mouse stands in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla., Jan. 9, 2019. (AP Photo/John Raoux, File)

FILE - With the city skyline in backdrop, people of different nationalities enjoy a good weather of 24 degrees Celsius (75.2 degrees Fahrenheit) n Abu Dhabi, United Arab Emirates, Wednesday, Jan. 14, 2015. (AP Photo/Kamran Jebreili, File)

FILE - With the city skyline in backdrop, people of different nationalities enjoy a good weather of 24 degrees Celsius (75.2 degrees Fahrenheit) n Abu Dhabi, United Arab Emirates, Wednesday, Jan. 14, 2015. (AP Photo/Kamran Jebreili, File)

FILE - Williams driver Alexander Albon of Thailand in action during the Formula One Abu Dhabi Grand Prix at the Yas Marina Circuit in Abu Dhabi, UAE, Sunday, Dec. 8, 2024. (AP Photo/Darko Bandic, File)

FILE - Williams driver Alexander Albon of Thailand in action during the Formula One Abu Dhabi Grand Prix at the Yas Marina Circuit in Abu Dhabi, UAE, Sunday, Dec. 8, 2024. (AP Photo/Darko Bandic, File)

Iran launched more missiles at Israel and U.S. bases as war in the Middle East enters a sixth day. Israel announced multiple incoming attacks early Thursday and said it was intercepting the missiles.

Meanwhile, the Israeli military said it began new strikes against the Iranian-backed Hezbollah militant group in Lebanon. At least eight people were killed there late Wednesday into Thursday according to Lebanon’s Health Ministry and the state news agency.

Tehran has warned of the destruction of the Middle East’s military and economic infrastructure, and the war has rattled financial markets, with most taking their cues from what the price of oil is doing. Early Thursday, oil prices resumed their ascent.

Here is the latest:

Israel’s military said Thursday morning it had begun a “large-scale wave of strikes against infrastructure” in Iran’s capital, Tehran.

Oman’s top diplomat said Thursday that the sultanate was working with countries around the world to organize flights home for stranded foreigners.

Badr al-Busaidi wrote the message on X, just after Qatar Airways said it would start flights from Oman’s capital, Muscat.

“For everyone hoping to fly home from the Gulf, the Omani government is working with your governments and international airlines to organize flights to get you home,” he wrote. “We mean everyone, whatever passport you hold. The citizens of all countries have the human right to safety and security. People matter. Let’s stop the war now.”

Oman, on the eastern edge of the Arabian Peninsula, has come under attack off its coast and at its seaports, but has not seen a strike on Muscat International Airport in the war.

Qatar Airways said Thursday it will start operating a limited number of “relief flights” as the war in the Middle East goes on.

The airline said on X that the flights will include departures from Muscat, the Omani capital, to Amsterdam, Berlin, Copenhagen, London, Madrid and Rome. Another route will be from Riyadh to Frankfurt, Germany.

The flights will “support passengers who are stranded due to the current situation across the region.”

Airspace in Qatar remains closed over Iranian fire into the region.

Qatar Airways is a key East-West carrier.

Indonesian immigration authorities in Bali have granted emergency stay permits and waived overstay fines for foreign nationals stranded after air route closures in parts of the Middle East disrupted international flights from the resort island.

Nearly 6,000 of passengers traveling from Bali to Doha, Dubai and Abu Dhabi had their flights canceled over four days at Ngurah Rai International Airport, immigration officials said.

Ambassadors of Iran and Israel held separate news conferences Thursday in South Korea’s capital, trading sharp accusations as their countries continued an escalating war in the Middle East.

Speaking through an interpreter, Iran’s Ambassador to South Korea Saeed Koozechi demanded Seoul — a key U.S. ally — to be more vocal in demanding a halt to what he called an illegal aggression by U.S. and Israeli forces, which launched attacks despite active negotiations.

He said “many coffins would return to the United States” if it decides to deploy ground forces, and defended Iranian strikes on Gulf states hosting U.S. military bases as unavoidable.

The Israel ambassador in Seoul, Raphael Harpaz, said the joint U.S.-Israeli military operations aim both to destroy Iran’s nuclear development facilities and ballistic missile sites, and to help free Iranian people from oppression.

South Korea has supported U.S.-led diplomatic efforts to curb Iran’s nuclear ambitions but has not explicitly endorsed the U.S.-Israeli attacks, instead calling for a swift restoration of dialogue.

The Saudi Defense Ministry said it destroyed a drone in the kingdom’s al-Jawf province, which borders Jordan.

The Israeli military struck a building in the Beddawi Palestinian refugee camp in the coastal city of Tripoli, killing two people, Lebanon’s Health Ministry said.

The strike, which hit the area without prior warning and marked the northernmost strike so far, wounded another individual, the Health Ministry said.

The Israeli military did not immediately say who it targeted in the strike.

Located about 85 kilometers (53 miles) north of Beirut and more than 180 kilometers (112 miles) from the Lebanese-Israeli border, Beddawi was targeted during the 2024 war between Israel and Hezbollah.

Despite a ceasefire reached in November 2024, the Israeli military said in July it struck a Hamas figure in the camp.

An overnight Israeli drone strike targeted a vehicle on a coastal highway in southern Lebanon, killing three people, Lebanon’s state news agency said.

The highway connects the city of Tyre to Naqoura, a border town near Israel.

On Wednesday, the Israeli military warned residents to move north of the Litani River, which serves as a key buffer line with villages south of it lying closest to the Israeli border.

The number of people killed in Israeli strikes in Lebanon in the four days since the conflict between Israel and the Lebanese militant group Hezbollah reignited has risen to more than 70, with over 430 people wounded, Lebanon’s Health Ministry said Wednesday.

It is not clear how many of those killed in Lebanon were civilians, but the Health Ministry said Tuesday that they included seven children.

Officials with Hezbollah and the Palestinian Islamic Jihad militant group were also killed.

Healthcare workers unload from a vehicle the bodies of Iranian sailors who died when their IRIS Dena warship sank outside Sri Lanka's territorial waters, in Galle, Sri Lanka, Wednesday, March 4, 2026. (AP Photo/Eranga Jayawardena)

Healthcare workers unload from a vehicle the bodies of Iranian sailors who died when their IRIS Dena warship sank outside Sri Lanka's territorial waters, in Galle, Sri Lanka, Wednesday, March 4, 2026. (AP Photo/Eranga Jayawardena)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Israeli tanks maneuver near the Israel-Lebanon border, in northern Israel, Wednesday, March 4, 2026. (AP Photo/Ariel Schalit)

Tracer rounds light the sky as people fire live rounds into the air during a televised speech by Hezbollah leader Naim Kassem in Dahiyeh, Beirut's southern suburbs, Lebanon, Wednesday, March 4, 2026. (AP Photo/Hassan Ammar)

Tracer rounds light the sky as people fire live rounds into the air during a televised speech by Hezbollah leader Naim Kassem in Dahiyeh, Beirut's southern suburbs, Lebanon, Wednesday, March 4, 2026. (AP Photo/Hassan Ammar)

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