Investors in talks on Bahrain Disneyland: Media

Manama, Feb 6: Gulf Arab investors, including billionaire Prince Alwaleed bin Talal, are in talks to build a 3 billion dinar Disneyland theme park in Bahrain, a newspaper reported today, citing an unnamed source.

The project would be based on Walt Disney Co.'s theme parks and could be called ''Disney Bahrain'', Bahrain's al-Waqt newspaper said, without making clear whether the US company was directly involved in the talks.

Investors in the project include Kuwait Finance House and Saudi Prince Alwaleed, who owns 10 per cent of Disneyland Paris operator Euro Disney.

The prince's spokeswoman could not immediately be reached for comment and officials at Kuwait Finance House were not available for comment.

A spokeswoman for Bahrain's Economic Development Board and and spokesman for the state-owned Mumtalakat Holding Company said they had not heard of the deal.

REUTERS