Disney announces plans for new theme park in Abu Dhabi

Disney has announced it plans to build a new theme park and resort in Abu Dhabi, the company's first location in the Middle East and its seventh park around the world. 

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.