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Six Flags developing theme park in Qatar

Six Flags announced on Thursday it has inked a deal to develop a theme park in Qatar.

Under the agreement, Six Flags will provide concept development and planning services to Oryx Holdings to create a 500,000-square-foot Six Flags location within Qatar Entertainment City. QEC is a 1 million-square-foot entertainment development in Lusail, Qatar, situated on a waterfront.

"Extending the Six Flags footprint beyond Dubai represents another strategic step in our international expansion and further solidifies our reputation as a world-wide leader in family entertainment," said Six Flags chief executive Mark Shapiro in a statement.

This is the second international deal that Six Flags has signed this year to develop a theme park in the Middle East. In March 2008, the company announced it will create Six Flags in Dubailand, a 3 billion-square-foot development in the United Arab Emirates.