Warner Bros. building theme park and movie theaters in UAE

Posted Thursday, September 27, 2007 9:54 AM | Contributed by Jeff

Warner Bros. Entertainment will develop a theme park and hotel in Abu Dhabi as well as co-finance films and video games as part of a multibillion-dollar alliance. The deal with real estate developer Aldar and the newly formed Abu Dhabi Media Co. also involves jointly owned movie theaters in the United Arab Emirates and a separate deal to produce Arabic-language movies. The $500 million (euro354 million) film fund will produce broad appeal films, with Warner Bros. retaining worldwide distribution rights.

Read more from AP via AOL.

Thursday, September 27, 2007 1:56 PM
That area is just exploding with theme parks and tourism. It's a good thing they found another means of getting money since the oil is running out.
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Thursday, September 27, 2007 2:54 PM
The oil is running out? What planet do you live on?

The UAE seems like the new Southeast Asia as far as the amusement industry goes.

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Thursday, September 27, 2007 9:55 PM
Yeah, I think this is great that the UAE is getting a theme park, I saw on Discovery the other day that they just built a giant indoor ski resort.
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Monday, October 1, 2007 2:02 PM
I agree. The UAE is the place to be in the middle east. This park has good potential.
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Tuesday, October 2, 2007 11:16 AM
Is this near Dubai?
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Tuesday, October 2, 2007 12:38 PM
Dubai is in the UAE. Duh.
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