Daily Newsletter

16 November 2023

Daily Newsletter

16 November 2023

Miral to expand Yas Waterworld in UAE

Post-expansion, the park will feature what is said to be the tallest slide in the UAE.

Upasana Mukherjee November 16 2023

Abu Dhabi-based Miral Group has revealed its plans for a 16,900m² expansion of the Yas Waterworld water park on Yas Island in the UAE.

The construction, which is set to be completed in 2025, is expected to increase guest capacity at the park by 20%.

It will add 3.3km of slide structures alongside 18 new rides and attractions, which will bring the total number of experiences in the park to more than 60.

Miral CEO Mohamed Abdalla Al Zaabi said: “This expansion marks another addition to our world-class attractions and experiences on Yas Island and a testament to achieving our vision of positioning it as a top global destination for entertainment and leisure.

“We are proud to be contributing to the development of Abu Dhabi's ecosystem and economic diversification, while further enhancing its global appeal as a tourism hub.”

Following expansion, the park will have what is claimed to be the tallest slide in the UAE and the first water park ride in the Gulf Cooperation Council to be integrated into a waterslide complex.

This ride will offer a 15m drop for up to 20 guests to enjoy together at a time.

Yas Waterworld will also introduce a new section called Lost City, offering guests the opportunity to find hidden treasure via secret passages.

It will also cater to younger guests with smaller versions of the park's popular rides, including a mini-Dawwama and a mini-Boomerango.

For the past ten years, Yas Waterworld has been offering guests The Legend of the Lost Pearl, centred around the UAE's pearl-diving history.

The park includes attractions alongside shopping and dining options.

Saudi Arabia construction market dynamics

Per GlobalData, between 2024 and 2027, the Saudi Arabian construction industry is projected to register an AAGR of 5% in real terms, supported by investments in various sectors such as data centers, logistics zones, renewable energy, housing, and tourism projects as part of the Kingdom’s ‘Vision 2030’ economic diversification plan. Construction activity in the energy and utilities sector is estimated to grow at an AAGR of 5.6%, supported by the government’s aim to increase the renewable energy capacity and achieving zero net carbon emissions by 2060.

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