Theme Park Developer Puts Brakes on Six Flags Dubai Project

  • Company said syndicated facility is no longer available
  • Stock lost about 85 percent since peak reached in 2016
Photographer: Patrick T. Fallon/
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DXB Entertainments PJSC is putting the brakes on Dubai’s latest roller-coaster ride.

It halted plans to open a Six Flags theme park in the Middle East’s business hub as the funding is no longer available after concerns about the project’s projections, the company saidBloomberg Terminal Wednesday.