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).
Joseph Maliakan Seven months of January to July 2025 , witnessed an unprecedented 334 incidents…
Muscat : Set to take place in Muscat this October, the 2025 edition of the…
Dubai: ADNOC Gas has entered into a 10-year agreement to supply liquefied natural gas (LNG)…
Joseph Maliakan In a great relief to political, social and human rights activists in the…
By Joseph MaiakanThe Enforcement Directorate ( ED ) the long arm of the Modi government…
Muscat: The Indian School Al Seeb (ISAS) community is deeply saddened by the passing of…
This website uses cookies.