The installation is expected to be completed by year-end 2009. IMAX says it will be its twelfth screen in the Middle East operational by 2010.
'IMAX is one of the most prestigious and globally recognized cinema brands, and we are confident that our new IMAX theatre will help to reinforce Meydan as a premiere entertainment destination in Dubai,' said Meydan chairman Saeed A-Tayer in a statement. 'We are very excited to offer our patrons a powerful
cinematic experience they can't get anywhere else.'
'Dubai continues to be recognized around the world for its high end, luxury developments, and we're pleased that the IMAX brand will be included in
the Meydan project,' said IMAX co-chairmen and co-CEOs Richard Gelfond and Brad Wechsler. 'We remain committed to growing the IMAX network internationally, and we believe that with the right partners, Dubai serves as an excellent platform from which we can increase our visibility in the Middle East.'
The new development will include hotels, a golf course, restaurants, the Meydan Museum and gallery, and offices for the Dubai Racing Club.