New Warner Bros Abu Dhabi Theme Park Set for 2018 Open

New Warner Bros Abu Dhabi Theme Park Set for 2018 Open

New Warner Bros Abu Dhabi Theme Park Set for 2018 Open

$TWX

The indoor theme park will feature 29 rides and shows

Abu Dhabi developer Miral has confirmed that its upcoming Warner Bros, a unit of Time-Warner (NYSE:TWX) theme park remains on track to open in Y 2018.

Warner Bros. World Abu Dhabi, an indoor theme park spanning 1.65-M sqf, will feature 29 rides, shows and interactive attractions, a statement said.

The park will feature characters from its portfolio of DC Comics Super Heroes universe including Batman, Superman and Wonder Women and cartoons such as Bugs Bunny, Scooby-Doo and Tom and Jerry.

Along with the rides, it will also include retail outlets featuring Warner Bros themed merchandise as well as dining options.

Currently, theming is underway throughout the park. Factory acceptance testing for all rides is nearly done, and delivery and installation of rides has already started, the statement added.

“We’re very delighted to see the park coming together and on track for the 2018 launch,” said Mohamed Abdullah Al Zaabi, CEO of Miral.

“Warner Bros. World Abu Dhabi marks an important step in the development of Yas Island as a complete leisure and entertainment destination,” he added.

Located on Yas Island, the park is part of a $1-B development which will also include the world’s 1st Warner Bros branded hotel. The project was launched in April 2016.

The Warner Bros themed destination is expected to create more than 1000 jobs for the emirate, officials said when launching the project.

The new theme park is hoped to aid Yas Island achieve its target of attracting 48-M annual visits by Y 2022, up from 25-M in Y 2015.

Warner Bros World Abu Dhabi will be situated alongside other theme parks in Yas Island including Ferrari World Abu Dhabi, Yas Waterworld, CLYMB, and the recently announced SeaWorld Abu Dhabi, which is set to open in 2022.

Yas Island also features the Yas Marina Circuit, seven hotels, a live performance and concert arena, an 18-hole championship golf course, a marina, a beach, and Yas Mall.

Symbol Last Trade Date Change Open High Low Volume
NYSE:TWX 99.03 1 March 2017 0.82 98.62 99.29 98.42 3,002,030
HeffX-LTN Analysis for TWX: Overall Short Intermediate Long
Bullish (0.37) Bullish (0.30) Bullish (0.40) Bullish (0.42)

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