Six Flags has forged an agreement with Tatweer, Dubailand'sdeveloper, to create the theme park. In addition, Tatweer and SixFlags Dubailand also have agreed to create new concepts across theregion, such as Six Flags theme parks, branded restaurants, hotelsand retail outlets.

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Dubailand has already inked deals with other theme parks andentertainment companies. It will include Universal StudiosDubailand, the Tiger Woods Dubai golf complex, and DreamWorksAnimation Park--a five-million-sf theme park, which alone isprojected to be twice the size of Florida's Walt Disney World.

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Like its North American parks, Six Flags Dubailand will featurethrill rides and adventure attractions. It will also show case thechildren's musical group, the Wiggles, and professionalskateboarder Tony Hawk. Groundbreaking is expected in 2009.

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"The new alliance with yet another global leisure andentertainment leader such as Six Flags consolidates Tatweer'scommitment to becoming a leading global tourism, leisure andentertainment investor, and a key contributor to the tourismobjectives of Dubai Strategic Plan 2015," says Saeed Al Muntafiq,executive chairman of Tatweer. "The addition of Six Flags, one ofthe world's most reputed leisure and entertainment companies, toour burgeoning portfolio complements Dubailand's value propositionas an unrivalled tourism destination."

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Mark Shapiro, president and CEO of Six Flags, says, "ExpandingSix Flags beyond our current North American borders validates thegrowing strength and momentum of our brand. Through thispartnership with Tatweer, we now have the opportunity to create aworld-class theme park destination that will allow guests fromaround the globe to experience Six Flags' unique combination ofthrills and entertainment." Six Flags currently operates 21 parksin the US, Mexico and Canada.

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Dubai is planning a wide range of attractions in an effort todraw 15 million tourists to the country annually. Dubailand willalso include Dubai Sports City, Motor City, Falcon City, DubaiHeritage Vision, and Al Barari, which are under development. ThePolo and Equestrian Club and City of Arabia are currently in theinitial stages of development. Dubailand will also includeresidential units, shopping malls and 55 hotels.

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Tatweer is a member of Dubai Holding. In addition to tourism andreal estate development, it is involved in energy, healthcare andindustry.

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