Dubai: Saudi Arabia is investing $55 million (Dh202 million) to develop an airport project in the Bahamas to boost its capacity. This initiative will more than double North Eleuthera International Airport’s visitor capacity, increasing it from 300,000 to 700,000 annually, according to the Saudi Press Agency.
The expansion is expected to create over 300 direct jobs during the operational phase. The finance agreement, funded by the Saudi Fund for Development (SFD), is set to transform North Eleuthera Airport into a world-class international gateway, as stated by Bahamas deputy prime minister Isaac Chester Cooper.
Since its establishment in 1974, the SFD has focused on aiding small island developing states and enhancing their economic resilience. To date, the SFD has funded over 800 projects, with a total investment of $20 billion (Dh73 billion).
By Joseph Maliakan Three terrible things that were inflicted especially on the poor and marginalized people…
Mr. Sajith Kumar P K : Along with Mr. Sajith Kumar, four other prominent leaders…
Sajith Kumar P.K : The Budget is touched to the Structural Reforms especially in Maritime…
By Joseph Maliakan The Institute of Liver and Biliary Sciences (ILBS) is a mono-super specialty…
By Joseph Maliakan In a judgment that will have far-reaching consequences for the protection of…
By Joseph Maliakan Education according to the Indian Constitution, is in the concurrent list and…
This website uses cookies.