Abu Dhabi Gets 10-Year License for Sphere Venues in MENA Region
Photo Credit: The Las Vegas Sphere with an image of the UAE flag over it. Sphere Entertainment Co
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Sphere Entertainment is handing over building and operating rights to the Abu Dhabi government for the whole of the Middle East and North Africa, effectively making them Sphere’s only international development team.
Abu Dhabi's Department of Culture and Tourism will lead Sphere expansion across the Middle East and North Africa for at least a decade, starting with the upcoming Abu Dhabi venue.
Sphere Entertainment has granted Abu Dhabi exclusive rights to develop all future Sphere venues in the region, according to an SEC filing this week.
“DCT also has the exclusive right to build and operate additional Sphere venues in the geographic region spanning the Middle East and North Africa (the ‘Exclusive Region’) for a period of at least 10 years after the ope