Abu Dhabi
Indian killed in Abu Dhabi by missile debris
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An Indian national was killed and another injured when debris from an intercepted missile fell in Abu Dhabi, UAE, on Thursday. The incident raises the death toll of Indians in the West Asia conflict to seven. The Indian embassy expressed condolences.
The Walt Disney Company has confirmed plans for a new theme park resort on Yas Island in Abu Dhabi, with reports indicating ambitions larger than initially announced. Developed in partnership with Miral, the waterfront park will blend Disney intellectual property with regional culture and open in the early 2030s. These developments persist amid regional tensions.
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Officials involved in Disney's proposed theme park on Yas Island in Abu Dhabi have reaffirmed that the project remains in development despite ongoing Middle East conflicts. Miral CEO Mohamed Abdalla Al Zaabi expressed enthusiasm for the collaboration with Disney, describing the vision as 'truly extraordinary'. Disney Experiences Chairman Josh D’Amaro also referenced the plans during a recent shareholder meeting.
An Abu Dhabi investment fund has identified Bitcoin as a store of value, comparable to gold. The Abu Dhabi Investment Council views cryptocurrency as playing a key role in its portfolio. This perspective highlights growing acceptance of digital assets in the region.
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The Abu Dhabi Investment Council significantly increased its stake in a bitcoin exchange-traded fund just before a sharp downturn in cryptocurrency markets. This move tripled its holdings in BlackRock's iShares Bitcoin Trust ETF during the third quarter. The position was valued at about $518 million as of September 30.