Monday, February 12, 2007

Tourism: KFH denies plans for Disneyland in Kuwait

Bahrain-based Kuwait Finance House (KFH) has denied a report it plans to invest $8 billion in a Disneyland theme park in the country.

The report, in the Al Waqt newspaper, said that Saudi billionaire Prince Alwaleed bin Talal was in talks with KFH and other investors to build Disney Bahrain. However, KFH Bahrain general manager Abdul Hakim Al Khayat said, "The report is totally baseless and all false...we have nothing to do with such a project and no-one has approached us."

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