DUBAI—In the 1980s, Ilyas and Mustafa Galadari were among the few teenagers from Dubai who could afford to visit Disneyland in California.
Some three decades later, the brothers’ family business plans to open a $1 billion indoor theme park featuring Spider-Man and The Hulk, part of several similar ventures aimed at inducing now deep-pocketed Emiratis to stay at home and foreign tourists to visit.
Called IMG Worlds of Adventure, the Ilyas & Mustafa Galadari Group theme park equals 28 football fields in size and will sit on a stretch of desert in this Persian Gulf emirate. In addition to the Marvel comic-book superheroes, the theme park will offer 69 lifelike robotic dinosaurs and a haunted hotel. Because temperatures in Dubai typically exceed 100 degrees Fahrenheit in the summertime, nearly all 1.5 million square feet of the theme park will be indoors.
“That really gives us a competitive edge,” said Lennard Francois Otto, chief executive of IMG Worlds of Adventure, “the fact that we can literally run 12 months out of the year.” The IMG theme park, which uses the brothers’ initials, is expected to open by the end of this month. More info and photos
By NICOLAS PARASIE www.wsj.com
Photo: PHOTO: KAMRAN JEBREILI/ASSOCIATED PRESS