Disney stock was soaring Wednesday after the company beat Wall Street’s earnings target and unveiled a plan to build a theme park in Abu Dhabi, United Arab Emirates.The House of Mouse reported adjusted quarterly earnings of $1.

Disneyland Park, opened in 1955, is the only park Walt Disney personally oversaw. It features exclusive attractions such as the Matterhorn Bobsleds, the first tubular steel roller coaster in the world, and the Indiana Jones Adventure. The park’s New Orleans Square has classic rides such as Pirates of the Caribbean and Haunted Mansion.

The Walt Disney Company's new theme park resort will be in Abu Dhabi.Disneyland Abu Dhabi will be the company's seventh theme park.The company shared renderings of the theme park.Disneyland is officially coming to Abu Dhabi.