Disney announces plans for theme park in Abu Dhabi
The Walt Disney Company reached an agreement with the Abu Dhabi-based company Miral, which will build the theme park in the United Arab Emirates capital, the announcement said.
The park is set to be built on Abu Dhabi's Yas Island, which was developed by Miral and is already the location of multiple theme parks, including Ferrari World, Warner Bros. World and SeaWorld.
The attraction will "offer signature Disney entertainment, themed accommodations, unique dining and retail experiences, and storytelling in a way that celebrates both the heritage of Disney and the futuristic and cultural essence of Abu Dhabi," the company said.
Disney hopes to attract visitors from the Middle East, Africa and parts of Asia that aren't close to its other parks in Florida, California, Paris, Tokyo, Shanghai and Hong Kong.
The company did not give a timeline for completion or an expected cost to build the Abu Dhabi park.
The United Arab Emirates has had a history of alleged labor abuses with a largely migrant workforce, among other human rights concerns.
"Migrant workers continue to face widespread abuses like wage theft, illegal recruitment fees, and passport confiscation, which leave workers in situations that may amount to forced labor," according to the Human Rights Watch's World Report 2025.
Additionally, outdoor migrant workers, who are "among the most vulnerable to heat-related illnesses and death," face "inadequate heat protections," the organization said.
Sneak peek: The Depraved Heart Murder
Why Hegseth is calling for cuts to senior ranks across U.S. military
Analyzing Trump's announcement of ceasefire with Houthi rebels in Yemen
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Webtoon Stock (WBTN) Soars an Astronomical 85% on News of Disney Deal
The stock of Webtoon Entertainment (WBTN) is up an incredible 85% on Aug. 13 after the online comic book retailer announced that it has struck a deal with Walt Disney Co. (DIS). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The deal, which was announced alongside strong financial results, brings Disney characters such as Luke Skywalker and Spider-Man to Webtoon's online comic book platform. That news has led WBTN stock to explode higher in early trading. Going forward, Webtoon will make comic books featuring popular Disney characters such as The Amazing Spider-Man, The Avengers, and Star Wars available to its users. Disney owns Marvel Comics and the Star Wars franchise. The deal brings Marvel comic books to Webtoon, which already features DC Comics characters such as Superman and Batman. Surprise Profit Webtoon claims to have 155 million monthly active users on its digital comic book platform. News of the Disney deal came as Webtoon also announced a surprise profit for this year's second quarter, along with better-than-expected sales. The company reported a quarterly profit of $0.07 a share, while revenue rose 8.5% year-over-year to $348.3 million. Analysts were expecting a loss of $0.14 a share on revenue of $340.6 million from Webtoon. The comic book company went public via an initial public offering (IPO) in June 2024. Shares have struggled since then, falling 55% in 2025 before the big rebound on Aug. 13. Is WBTN Stock a Buy? The stock of Webtoon has a consensus Moderate Buy rating among eight Wall Street analysts. That rating is based on four Buy and four Hold recommendations issued in the last three months. The average WBTN price target of $11.57 implies 34.04% downside risk from current levels.
New York Times
2 hours ago
- New York Times
Late Night Hopes Trump's New Hosting Gig Will Keep Him Busy
Welcome to Late Night Roundup, a rundown of the previous night's highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Not So Humbly Accepting the Honor President Trump announced this year's Kennedy Center honorees on Wednesday, along with the news that he will host this year's ceremony. 'Jimmy Kimmel Live' guest host Nicole Byer said she's glad Trump is going to play host. 'I mean, let him host the Emmys, the Grammys, a podcast with Theo Von, ' she said. 'He could be the host at an Applebee's. Anything that distracts him from running this country into the ground.' — NICOLE BYER 'Yeah! Give him something stupid to do to keep him out of trouble. Hosting award shows is what he envisioned being president is in the first place. [imitating Trump] 'I'll now present the award for Sexiest NATO Ally — and congratulations to the women of Latvia!'' — SETH MEYERS 'Well, guys, after naming himself chairman of the Kennedy Center, today President Trump announced this year's honorees, including Sylvester Stallone and the band Kiss. Sylvester Stallone makes sense. I mean, he really deserves it, and when you think about Trump's first seven months in office, the word 'Rocky' definitely comes to mind.' — JIMMY FALLON 'And Trump said he picked Kiss, because 'they're one of the greatest rock 'n' roll bands of all time.' And also 'cause they wear as much makeup as he does.' — JIMMY FALLON 'Giving Kiss a Kennedy Center honor is like giving Garth Brooks a B.E.T. Award.' — NICOLE BYER 'Other honorees include country legend George Strait and disco legend Gloria Gaynor. Trump was like, 'Something for the straights, something for the gaynors.'' — JIMMY FALLON The Punchiest Punchlines (Putin and Trump Take Alaska Edition) 'Meanwhile, Trump's meeting with Vladimir Putin is almost here, and today Trump warned that Russia will face severe consequences if Putin doesn't agree to end the war. Yup, severe consequences. Putin responded, 'Like what, a second meeting?'' — JIMMY FALLON 'Ahead of Friday's summit with President Trump and Russian President Vladimir Putin, the White House is reportedly trying to temper expectations. Of course, now the question is, how do you temper nothing?' — SETH MEYERS 'Well, get this — Trump is hosting Putin at a U.S. military base because it's peak tourist season in Alaska, and the options were limited. This meeting could end a war, and Alaska's like, 'Ooh, sorry, but the Marriott conference room is all tied up with a Rotary Club salmon retreat.'' — JIMMY FALLON 'While speaking yesterday about his upcoming summit with Russian President Vladimir Putin, President Trump told reporters that he expects to know whether he can make a peace deal 'probably in the first two minutes.' Or, more likely, he just doesn't wanna stay longer than that: '[imitating Trump] Whelp, we did our best! Thanks for coming in on a Friday!'' — SETH MEYERS Want all of The Times? Subscribe.
Hypebeast
2 hours ago
- Hypebeast
Corteiz Teases Upcoming USA Tour and Exclusive Releases
Summary London-based streetwear brandCorteizis bringing its disruptive energy to the US with a highly anticipated tour, set to drop exclusive merch that has fans buzzing. Known for its guerrilla marketing tactics and highly coveted releases, Corteiz is taking its sought-after gear directly to the streets of America. Taking to Instagram to tease his upcoming American tour with a video starringWallo267, telling a story from the perspective of one who is incarcerated. Just before the interaction between Wallo and the audience is cut, he pinpoints cities Los Angeles, Washington, D.C., New York City, and Atlanta, all of which are in Corteiz's next stop. The exclusive merchandise collection is a love letter to American culture touching on its sports, featuring a range of new apparel that reinterprets iconic team aesthetics. Among the standout pieces are football-inspired jerseys and basketball jerseys that play on the classic colors of the Knicks and the Lakers, reimagined with Corteiz's signature style. The tour's limited-edition offerings also include a variety of hoodies and sweats, promising comfort and street-ready style. Adding to the hype, the brand has collaborated withDenim Tears, founded byTremaine Emory, for a special capsule collection. This partnership of two cultural powerhouses is expected to be a major highlight of the tour's drops, further cementing Corteiz's place in the global streetwear scene. Each city on the tour will get a one-day-only pop-up, with exact locations being announced just hours before the event, ensuring that the brand's 'real life only' ethos remains intact. Corteiz's USA tour begins August 15 in LA.
