Under the directive of Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai Parks and Resorts will extend its support to the proposed development of a Six Flags theme park in Saudi Arabia.
This directive calls for an exception to the destination’s GCC exclusivity clause with American theme park operator, Six Flags, with a view to benefit tourism and entertainment in the wider GCC region. The exception will apply to Saudi Arabia, and underscore the UAE’s support of the Saudi Vision 2030.
This mandate is aligned with His Highness Sheikh Mohammed’s vision of open and free movement of knowledge and expertise between Arab economies, particularly for the cohesive growth and success of the GCC region.
The proposed plan to launch Six Flags in Saudi Arabia is part of the Saudi Vision 2030, which envisions a diversified local economy, the addition of jobs for a growing population, and the creation of more cultural and entertainment showcases in the Kingdom.
Raed Al Nuaimi, CEO of Dubai Parks and Resorts, said: "We believe that there is significant potential for the industry to expand, and the levels of demand can support several entertainment destinations across the region. At Dubai Parks and Resorts, we have a wealth of experience and skill in our operations and execution teams and we will be honoured to play a role in the regional growth of the industry by sharing our knowledge and expertise across the GCC."
Dubai Parks and Resorts approved plans earlier this year to build Six Flags Dubai, which is expected to open in the fourth quarter of 2019. This new venture is in the final stages of design and will start the ground-breaking work in a few days. It will join the destination’s three world-class theme parks and water-park, which are scheduled to open later this year.
With its UAE operations well on-track, Dubai Parks and Resorts has started to move on ambitious plans to expand operations beyond the nation, in an attempt to further develop the theme park industry in support of the growing regional tourism sector and to diversify local economies of the region.