Walt Disney considering opening first Disney World in Middle East

Discussions are underway between Egypt, Disney International to open the park, according to country's investment minister.

By
November 19, 2014 18:05
1 minute read.
Disneyland

Sleeping Beauty's Castle Decorated for Disneyland's 50th Anniversary. (photo credit: Wikimedia Commons)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Disney is considering building its world-famous amusement park for the first time in the Middle East in Egypt, Egyptian media reported.

"There are discussions going on with Disney International to build in Egypt its first Disney Park in the Middle East, similar to Disney France," Ashraf Salman, Egypt's investment minister, was quoted as saying by Egypt’s state news agency MENA, Ahram Online reported.

Be the first to know - Join our Facebook page.


Salman made the comments while attending a live Disney show at the Cairo International Convention Center.

"Having a Disney show in Egypt at the moment sends a message to the world and to foreign investors that Egypt is safe and stable," he said.

Tourism to Egypt has plummeted as unrest has riveted the country since the downfall of former president Hosni Mubarak in early 2011.

The minister also noted that the tourism sector was bringing in 3.2 percent of the country’s GDP and employing around 12.6% of the labor force, according to the Daily News Egypt website.

Salman added that Egypt is seeking foreign investment by inviting Arab delegations, international companies and hosting international conferences.



Meanwhile, last week, Egypt's Ministry of Tourism launched a training program for drivers of tourists after the government installed Global Positioning System (GPS) tracking on all tourist buses.

Related Content

Jerusalem Post News
July 19, 2018
This week in 60 seconds: Knesset passes controversial Jewish nation-state bill

By JPOST.COM STAFF