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TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM) GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT
 
BAHAMAS INVESTMENT FORUM IN WASHINGTON, DC --  Photographed above are some the participants of the first Bahamas Business and Investment Forum in Washington, DC organized by The Embassy of The Bahamas. From left to right are Senator Barry Griffin; Central Bank Governor John Rolle; Senator Quinton Lightbourn; Senator Michael Halkitis, Minister of Economic Affairs; Barbara Feinstein, U.S. Deputy Assistant Secretary of State; The  Bahamas Ambassador to the United States His Excellency Wendall Jones; The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism and Investments; Ambassador Chet Neymour; Consul General Washington Patrick Adderley; Consul General New York Leroy Major; and Michael Fountain, Honorary Consul Chicago.

TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM)

The Deputy Minister and Minister of Tourism, Investments and Aviation, I. Chester Cooper has announced that the government will execute heads of agreements this month for more than $1billion of new investments in major touristic developments. It is understood that these projects are slated for Paradise Island and Cable Beach. Mr. Cooper made the announcement […]

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GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT

Shenia RobertsJournal Staff Writer Prime Minister Philip Davis and Deputy Prime Minister and Minister of Tourism and AviationChester Cooper visited the island of Eleuthera on Monday to sign a $55 million dollar loanagreement with the Saudi Fund for Development to facilitate updates to North Eleuthera’s airportterminal.The updates to North Eleuthera International Airport have been long […]

US EMBASSY gifts the RBPF with new gear and equipment

16 February 2018

The Royal Bahamas Police Force (RBPF), The Drug Enforcement Unit (DEU) and the Strike Force Unit all received new high tech gear uniforms and equipment as a gift courtesy from The United States Embassy. During a press conference yesterday   at Police Headquarters on East Street, U.S Embassy Chargé D’Affaires James Denver Herren said the […]

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Improvements For Downtown Traffic Flow

16 February 2018

Plans are in the pipeline to improve the flow of traffic in downtown New Providence,   according to Minister of Transport, Frankie Campbell. To make commuting downtown Nassau more convenient and in conjunction with the Downtown Nassau Partnership, Mr. Campbell revealed that a proper bus depot will be made for bus drivers, taxi operators and […]

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CANADIANS ARRAIGNED FOR FRAUD

16 February 2018

Two adult female Canadians yesterday were arraigned in Magistrate’s Court on Fraud charges. Appearing before Magistrate Samuel Mckinney, 23 year old Sydney Mills and  25 year old Natasha Stolove,  both Adult Entertainers were charged with 11 counts of Fraud by False pretense. It is alleged that  after having a few drinks with one of the […]

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MAKE OVER FOR CITY CENTER

16 February 2018

With no cost attached to any of its undertakings,  the Downtown Nassau Partnership (DNP) is promising  a complete makeover  for the city center that  will make it more attractive for tourists. During a recent press conference to give details of the partnership, Minister of Tourism, Dionisio D’Aguilar  said  “from a touristic standpoint,  we have two […]

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NHI Appoints a Managing Director

15 February 2018

The Board of Directors of the National Health Insurance Authority has (NHIA) announced  the appointment of Mr. Graham Whitmarsh who assumes the position of Interim Managing Director effective 19th February 2018. Mr. Whitmarsh will report to the NHIA Board of Directors and lead the expanded and accelerate implementation of NHI in the Bahamas. The Board […]

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New $4 Billion Oil Refinery For GB

15 February 2018

The government of The Bahamas will sign a Heads of Agreement with Oban Energies for oil refinery and storage in Grand Bahama, paving the way for the bigwig project to take off. Making the announcement, during the House of Assembly sitting yesterday, Prime Minister Dr. Hubert Minnis said that the government has already approved Oban […]

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BAHAMIAN INTERNET SENSATION JAILED

15 February 2018

One adult female and two males yesterday were formally charged in Magistrate’s Court for drug possession. Appearing before Deputy Chief Magistrate Subusola Swain were Alexious Rolle, Allano Noel and Kenneth Moncur. They  were all charged with one count of possession of drugs with intent to supply. Authorities, with a Search Warrant in hand, conducted a […]

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LUXURY BOUTIQUE HOTEL HIRES FORTY MANAGERS

15 February 2018

Luxury brand, boutique hotel Rosewood has hired over 40 Bahamians as managers,   Luigi Romaniello, Managing  Director  of the resort at  Baha Mar stated yesterday. Addressing a meeting of the Rotary Club  of Southeast Nassau at  East Villa,  Romaniello  said  “Rosewood has been a very strong leisure company.  We have a strong DNA for leisure […]

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Moultrie Says Sorry

15 February 2018

House of Assembly Speaker, Halston Moultrie made a public apology yesterday during the afternoon  sitting of the House, and classified his actions at being out of character. “Notwithstanding my response from the chair was not an appropriate response, I am indeed very sorry that it occurred and that it precipitated the bitterness and resentment that […]

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Speaker Wins Vote of Confidence

15 February 2018

The Member of Parliament for Nassau Village  Halson Moultrie remains the chair as Speaker  of the House of Assembly after parliamentarians voted yesterday to defeat   a   motion brought against him. The original motion which was brought forth by Opposition leader Philip Davis read:  be  it resolved that “this House has no confidence in […]

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