Disney announces a new theme park in Abu Dhabi, its first new resort in a generation

News Snapshot:

People tour at SeaWorld, the region's first marine life theme park, on Yas Island in Abu Dhabi in May 2023. (Karim Sahib/AFP/Getty Images via CNN Newsource) Los Angeles, Calif. — For the first time in 15 years, the Walt Disney Company has announced the development of a new theme park – a resort destination in Abu Dhabi that marks the company’s entry into the Middle East. The Disneyland Abu Dhabi resort will become Disney’s seventh global resort destination, the company announced Wednesday shortly before its second-quarter earnings call. Disney’s parks have arguably been its most important financial driver, representing 59...