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Abu Dhabi to build US$1b Warner Bros theme park

Tuesday, April 19, 2016 - 20:33

[LONDON] An Abu Dhabi firm will build a US$1 billion theme park with US entertainment company Warner Bros in the emirate, Miral Asset Management said on Tuesday, competing for tourist dollars with neighbouring Dubai.

Miral said Warner Bros World Abu Dhabi would open in 2018, featuring a Warner Bros-branded hotel as well as rides linked to the US company's comic and cartoon characters, such as Batman and Bugs Bunny.

Miral said it expected to invest US$1 billion in the park while Warner Bros, a Time Warner Inc company, would provide expertise.

REUTERS

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