Saudi Arabia

February 7, 2007

Saudi prince wants Disney park

“The world’s eighth-richest man is in talks with other investors to build a Disney theme park in Bahrain, according to a report from Bahrain’s al-Waqt newspaper. Saudi billionaire Prince Alwaleed bin Talal is leading the charge for the first Disney park in the Middle East, which would have a price tag of $8 billion and would be termed ‘Disney Bahrain’.” The Los Angeles Business Journal reports that Kuwait Finance House, the second-largest Islamic bank in the Persian Gulf region by market value, is one of the potential investors. Work on the park is proposed to begin in May and would take six years to complete.

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