Struggling Dubai amusement park abandons Six Flags expansion

FILE - In this Dec. 18, 2016 file photo, people visit the Legoland at Dubai Parks & Resorts in Dubai, United Arab Emirates. A massive amusement park in Dubai says it is abandoning plans to build a $454-million Six Flags. DXB Entertainments, which runs Dubai Parks & Resorts, said in a statement filed on Thursday, Feb. 7, 2019 on the local stock market, that a planned financial instrument was "no longer available and the Six Flags Dubai project cannot proceed at this time." (AP Photo/Kamran Jebreili, File)

DUBAI, United Arab Emirates — A massive amusement park in Dubai says it is abandoning plans to build a $454-million Six Flags.

DXB Entertainments, which runs Dubai Parks & Resorts, said in a statement filed on Thursday on the local stock market that a planned financial instrument was "no longer available and the Six Flags Dubai project cannot proceed at this time."

Plans for a Six Flags park long have circulated in Dubai.

In 2016, Dubai officials say they planned to add the park chain, owned by the Grand Prairie, Texas-based Six Flags Entertainment Corp.

The park near the site of Dubai's 2020 World Expo, or world's fair, has struggled since opening.

Meraas Holding, a firm backed by Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum, is the majority-owner of DXB Entertainments.

Must Read

Thousands more Rohingya refugees flee Myanmar by...

Sep 2, 2017

The UNHCR says tens of thousands more Rohingya refugees have entered Bangladesh in the last day by...

Seeking home's comforts, Rohingya couple make...

Sep 7, 2017

A young Rohingya couple seeking the comforts of home made a deadly choice; the man's brother made...

The Latest: Bangladesh lambasts Myanmar for...

Sep 12, 2017

The Bangladeshi leader lambasts Myanmar for "atrocities" drove hundreds of thousands of Rohingya...

Fleeing Rohingya Muslims watch as homes burn in...

Sep 15, 2017

Groups of fleeing Rohingya Muslims watched from inside Bangladesh as another of the homes in their...

For Rohingya Muslim child refugees, too many...

Sep 22, 2017

Rohingya Muslim refugee children struggle with the traumas they've lived through and the loss of...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress