The Walt Disney Company hosted its second-quarter earnings call while announcing plans for its seventh theme park resort in Abu Dhabi. This park, set on Yas Island, will be operated under a licensing agreement with Miral. CEO Bob Iger promises a unique blend of Disney magic and Emirati culture. However, analysts warn that a slowdown in travel could negatively impact Disney's stock performance, with a significant drop noted over the past weeks. Despite financial challenges, Disney reported earnings that exceeded analyst expectations.
The Walt Disney Company is expanding its theme park portfolio by opening a new resort in Abu Dhabi, blending immersive experiences with local culture.
CEO Bob Iger emphasizes that Disneyland Abu Dhabi will be an oasis of extraordinary Disney entertainment, aiming to inspire joy across the region.
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