{"id":17952,"date":"2016-06-29T00:21:24","date_gmt":"2016-06-28T17:21:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=17952"},"modified":"2016-06-28T22:48:59","modified_gmt":"2016-06-28T15:48:59","slug":"dubai-to-support-potential-six-flags-theme-park-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-to-support-potential-six-flags-theme-park-in-saudi-arabia\/","title":{"rendered":"Dubai to support potential Six Flags theme park in Saudi Arabia"},"content":{"rendered":"<p>&#013;<br \/>\nUS theme parks operator Six Flags could still build a theme park in Saudi Arabia, after a directive issued by Dubai&#8217;s Ruler said Dubai Parks and Resorts would support any proposals to open a theme park in the kingdom.The directive from Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the company would provide all forms of support for any potential new theme park.Raed Al Nuaimi, the chief executive of Dubai Parks and Resorts, said: &#8220;We are proud to support the vision of His Highness Sheikh Mohammed to increase tourism and diversification, and to work together for the benefit of the GCC region. &#8220;In the Middle East, there is a significant gap in the market for world-class family entertainment destinations, and with three billion people living within a four-hour flight time, there is great potential for the industry to expand, and the demand to support several entertainment destinations across the region.&#8221;Six Flags&#8217; chief executive, John Duffey, and executive chairman, Jim Reid-Anderson, last week met Prince Mohamed Bin Salman, Saudi Arabia&#8217;s deputy crown prince, to discuss potential opportunities in the kingdom, as Saudi Arabia seeks to increase tourism numbers to the country as part of its Vision 2030 national transformation plan. Mr Duffey was quoted by a Saudi TV station as saying the company was &#8220;very honoured to be provided with an opportunity to enter into a partnership&#8221; in the kingdom.However, a company spokesman later said the only deal currently in place in the region was at the Dubai Parks and Resorts site in Dubai, and that &#8220;no agreement has been reached to open any parks elsewhere in the Middle East&#8221;.&#8221;In fact, we have an exclusive partnership in the GCC, including Saudi Arabia, with Dubai Parks and Resorts,&#8221; the spokesman said.Six Flags is the biggest amusement parks operator in North America, where it has 18 parks that were visited by 29 million people last year, generating US$1.3 billion in revenue.Its agreement with Dubai Parks and Resorts will see a new 3.5 million square foot plot containing 27 different rides and attractions being developed at a site close to the emirate&#8217;s border with Abu Dhabi. The park will cost Dh2.6bn to build and is scheduled for completion by the end of 2019.mfahy@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/travel-tourism\/dubai-to-support-potential-six-flags-theme-park-in-saudi-arabia\" target=\"_blank\">Dubai to support potential Six Flags theme park in Saudi Arabia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; US theme parks operator Six Flags could still build a theme park in Saudi Arabia,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-17952","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4Fy","jetpack-related-posts":[{"id":17362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/six-flags-denies-reports-over-plans-for-saudi-arabia-theme-park\/","url_meta":{"origin":17952,"position":0},"title":"Six Flags denies reports over plans for Saudi Arabia theme park","date":"June 22, 2016","format":false,"excerpt":"\r US theme parks operator Six Flags has denied reports that it is planning to open a resort in Saudi Arabia. The company had been reported to be investigating a potential partnership in the kingdom after a meeting between senior executives and Prince Mohamed bin Salman, Saudi Arabia's deputy crown\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-parks-and-resorts-considers-name-change\/","url_meta":{"origin":17952,"position":1},"title":"Dubai Parks and Resorts considers name change","date":"June 12, 2016","format":false,"excerpt":"\r Dubai Parks and Resorts, the company which owns three linked theme parks in Dubai that are due to open this autumn, has announced that it is considering changing its name. The company, which is listed on the Dubai Financial Market, said on Sunday it was due to hold a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/building-begins-at-six-flags-theme-park-in-dubai\/","url_meta":{"origin":17952,"position":2},"title":"Building begins at Six Flags theme park in Dubai","date":"July 3, 2016","format":false,"excerpt":"\r Dubai Parks and Resorts on Sunday started work on the \u00adconstruction of its Six Flags theme park. The company said a ground-\u00adbreaking ceremony was held to mark the second phase of the development of Dubai Parks and Resorts and what will be the fourth theme park on the site.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-parks-resorts-raises-funds-for-six-flags-theme-park\/","url_meta":{"origin":17952,"position":3},"title":"Dubai Parks &amp; Resorts raises funds for Six Flags theme park","date":"April 11, 2016","format":false,"excerpt":"\r \r Dubai Parks & Resorts has raised almost Dh1 billion in debt financing to fund its planned Six Flags theme park.The Dubai-listed theme park operator said it secured Dh993 million from Abu Dhabi Commercial Bank, Dubai Islamic Bank and Sharjah Islamic Bank.The cash will fund part of its proposed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-parks-and-resorts-reduces-revenue-forecast-as-financial-loss-widens\/","url_meta":{"origin":17952,"position":4},"title":"Dubai Parks and Resorts reduces revenue forecast as financial loss widens","date":"August 11, 2016","format":false,"excerpt":"\r Dubai Parks and Resorts reduced this year's revenue forecast as its second-quarter loss widened due to expenditure rising in the run-up to the park's partial opening on October 31, the theme park operator said.The company said it expects to generate about Dh297 million in income this year, when it\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-ruler-sheikh-mohammed-announces-uae-cabinet-reshuffle\/","url_meta":{"origin":17952,"position":5},"title":"Dubai ruler Sheikh Mohammed announces UAE cabinet reshuffle","date":"January 7, 2024","format":false,"excerpt":"\r Sheikh Maktoum Bin Mohammed has been appointed as Deputy Prime Minister for Financial and Economic Affairs\r \r Source : arabianbusiness.com\r Read more...Dubai ruler Sheikh Mohammed announces UAE cabinet reshuffle","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/01\/Sheikh-Mohammed-bin-Rashid-Al-Maktoum-1000x667-2.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17952"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=17952"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17952\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=17952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=17952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=17952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}