Dubai Parks & Resorts changed its official name, after shareholders voted to change it at the general assembly meeting on Thursday, June 23 on the proposal and also the election and appointment of an additional board member.
DXB Entertainments is now the new company name listed on the Dubai bourse and will be traded using the new trading symbol DXBE using the existing ISIN code.
The name change is a move to differentiate the wider corporate entity from the existing theme park destination and reflects the company’s long-term strategy to grow and become a leader in the leisure and entertainment industry.
Dubai Parks & Resorts is set to be the largest multi-themed leisure and entertainment destination in the Middle East. It will feature three parks including Hollywood themed motiongate, Bollywood Park Dubai and Legoland Dubai; a retail, entertainment and dining walkway called Riverland Dubai and the Lapita Hotel.
To read this post in Arabic, click here.