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North Eleuthera International Airport to get $55 million upgrade

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His Excellency Mr. Sultan Abdulrahman Al-Marshad, Chief Executive Officer, Saudi Fund for Development, and Prime Minister and Minister of Finance the Hon. Philip Davis share a moment.

By LINDSAY THOMPSON
Bahamas Information Services

NORTH ELEUTHERA, The Bahamas –– The country’s third busiest airport is set to get an economic boost through a multi-million-dollar upgrade to its facilities.

(Prime Minister addressing)

On Monday, September 9, 2024 scores of excited residents witnessed the formalization of a $55 million Loan Agreement between the Government of the Commonwealth of The Bahamas and Saudi Fund for Development.

The Signing Ceremony took place just beyond the runway of the North Eleuthera International Airport, which is set for massive expansion and upgrade to adequately service the outlying districts of Harbour Island and Spanish Wells, as well as a growing private jet air traffic schedule.

Prime Minister and Minister of Finance the Hon. Philip Davis led a delegation of high-ranking government officials including Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper; Senator the Hon. Michael Halkitis, Minister of Economic Affairs; the Hon. Clay Sweeting, Minister of Works and Family Island Affairs; Dr. Kenneth Romer, Deputy Director General of Tourism and Acting Director of Aviation; and Paul Bevans, chairman, Airport Authority.

Also present was His Excellency Mr. Sultan Abdulrahman Al-Marshad, Chief Executive Officer, Saudi Fund for Development, Riyadh, Kingdom of Saudi Arabia, and his delegation.

(Residents & Officials)

“Today marks an important chapter for this island, and it is a privilege to witness Eleuthera’s tremendous progress firsthand,” said Prime Minister Davis.

Eleuthera, historically known as the ‘Land of Freedom,’ is rich in heritage and tradition, and acknowledged by the government as one of the fastest-growing economies in the country.

“You’ve seen the changes all around — new businesses, thriving tourism, and a brighter future on the horizon. But what truly matters isn’t just the numbers we celebrate, it’s the people.  It’s the hardworking families who have called Eleuthera home for generations and the younger ones who now see even greater possibilities for their future,” said the prime minister.

He observed that the steady rise in air arrivals and international interest isn’t just about visitors coming to enjoy the beauty of Eleuthera; but all that the people, economy, culture, and environment have to offer.

(Signing Ceremony)

“This partnership with the Saudi Fund for Development marks a turning point for Eleuthera and its people. For years, there has been talk about upgrading the North Eleuthera International Airport, but today we are moving from talk to action. This $55 million investment is about unlocking Eleuthera’s potential and ensuring that its people can fully benefit from the island’s rapid growth.” He said.

Deputy Prime Minister Cooper also thanked the Saudi Fund for Development for being a dedicated partner in The Bahamas’ journey toward infrastructural and economic development, and said its continued support is deeply appreciated.

“The commitment you have demonstrated toward our development goals as laid out in our Blueprint for Change has been impactful and we know that this partnership will blossom in the many years to come,” he said.

The loan comes at “favourable terms” including a low interest rate of 2.5 percent, and twenty-five (25) years to repay with the first installment due in five years.

(Handshake)

In March of 2023, the Davis Administration embarked on the Family Islands Airport Renaissance Project.  This far-reaching programme is part of the broader vision outlined in the Government’s Blueprint for Change, which places a strong emphasis on the importance of investing in the Family Islands.

The Family Islands Airport Renaissance Project aims to transform not just the North Eleuthera International Airport, but 14 airports across the archipelago, marking the largest and most comprehensive development effort in the history of Bahamian aviation.

“We committed to engage Public Private Partnerships to finance, build and manage key airport infrastructure. This loan signifies the benefits and progress of international partnerships in this regard,” Deputy Prime Minister Cooper said.

He noted that the North Eleuthera International Airport serves as the gateway to the island and is a major driver of tourism and commerce.
As of June 2024, there was a 32 percent increase in foreign air arrivals to Eleuthera compared to the same period in 2019, and a 2 percent increase over record-setting 2023 figures.

(Minister Clay Sweeting)

“The existing infrastructure at North Eleuthera is no longer sufficient to accommodate the rising number of passengers and aircraft. The adding of the trailer facility for departures provided some much-needed temporary relief,” he said.

The planned upgrades to North Eleuthera Airport will encompass a complete overhaul of the terminal facilities, as well as airside improvements that include the revamp of the runway, and an expanded apron space. On completion, it will be capable of accommodating 400 passengers in the departure lounge, plus significant retail opportunities.

These upgrades will ensure that the airport is capable of handling larger aircraft, accommodating more passengers and offering a level of service that meets international standards as mandated by International Civil Aviation Organization (ICAO). The project will also incorporate sustainable and resilient solutions, designed to withstand storm surges and hurricane winds of up to Category 5.

His Excellency Mr. Sultan Abdulrahman Al-Marshad, also spoke of the significant milestone reached with the signing of the agreement. He deemed it a “new chapter” in relations between both countries and underscored the shared commitment in advancing aviation in the country.

The partnership between The Bahamas and the Saudi Fund has already proven successful in the past.  In July 2023, the $10million facility for the Tourism Development Corporation’s incubation centers in Nassau, Grand Bahama and Exuma was implemented.  And in June 2024 another loan agreement was entered into on favorable terms for the construction of the Exuma International Airport.

 

(BIS Photos/Kemuel Stubbs)

 

PHOTO CAPTION

(Signing Ceremony)
On Monday, September 9, 2024 scores of excited residents witnessed the formalization of a $55 million Loan Agreement between the Government of the Commonwealth of The Bahamas and Saudi Fund for Development at the North Eleuthera International Airport.  Pictured seated L-R: Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper; Prime Minister and Minister of Finance the Hon. Philip Davis; His Excellency Mr. Sultan Abdulrahman Al-Marshad, Chief Executive Officer, Saudi Fund for Development; and Paul Bevans, Chairman, Airport Authority.   Standing L-R: the Hon. Clay Sweeting, Minister of Works and Family Island Affairs; Dr. Kenneth Romer, Deputy Director General of Tourism and Acting Director of Aviation; Senator the Hon. Michael Halkitis, Minister of Economic Affairs; and Sylvanus Petty, Member of Parliament for North Eleuthera.

(Handshake)
A $55 million Loan Agreement between the Government of the Commonwealth of The Bahamas and Saudi Fund for Development was signed at North Eleuthera International Airport on Monday, September 9, 2024.  Pictured L-R: the Hon. Clay Sweeting, Minister of Works and Family Island Affairs; Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper; Prime Minister and Minister of Finance the Hon. Philip Davis; His Excellency Mr. Sultan Abdulrahman Al-Marshad, Chief Executive Officer, Saudi Fund for Development; and Paul Bevans, Chairman, Airport Authority.  Second row L-R: Dr. Kenneth Romer, Deputy Director General of Tourism and Director of Aviation; Senator the Hon. Michael Halkitis, Minister of Economic Affairs; and Sylvanus Petty, Member of Parliament for North Eleuthera.

(Prime Minister addressing)
Prime Minister and Minister of Finance the Hon. Philip Davis speaks at the Signing Ceremony of a $55 million Loan Agreement between the Government of the Commonwealth of The Bahamas and the Saudi Fund for Development at North Eleuthera International Airport on Monday, September 9, 2024

(His Excellency & PM Davis)
His Excellency Mr. Sultan Abdulrahman Al-Marshad, Chief Executive Officer, Saudi Fund for Development, and Prime Minister and Minister of Finance the Hon. Philip Davis share a moment.

(Minister Clay Sweeting)
The Hon. Clay Sweeting, Minister of Works and Family Island Affairs speaks at the Signing Ceremony of a $55 million Loan Agreement between the Government of the Commonwealth of The Bahamas and the Saudi Fund for Development at North Eleuthera International Airport on Monday, September 9, 2024.

(Residents & Officials)
Residents and Officials at the Signing Ceremony.

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Bahamas Issues Cybersecurity Alert Over Akira Ransomware Threat

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Nassau, The Bahamas, October 22, 2026 — The National Computer Incident Response Team of The Bahamas (CIRT-BS) has issued a cybersecurity advisory warning businesses, government institutions and other organisations about the growing threat posed by Akira ransomware, a cybercriminal operation capable of stealing sensitive information, disrupting networks and demanding ransom payments.

Active since March 2023, Akira operates through a Ransomware-as-a-Service model, with affiliates exploiting weaknesses in computer networks to gain unauthorised access.

Once inside, attackers can steal confidential data, disable recovery systems and encrypt files, preventing organisations from accessing critical information.

Particularly concerning is Akira’s use of double extortion, threatening to publish stolen information unless victims pay. Some attacks involve data theft without encryption.

The October 22 advisory identifies vulnerabilities involving Cisco and SonicWall firewalls, VPN services, Microsoft Remote Desktop Protocol, Veeam backup systems and outdated Windows and Linux operating systems. VMware ESXi and Nutanix AHV environments are also potential targets.

Attackers may exploit unpatched software, stolen login credentials and inadequately secured remote-access applications, including AnyDesk and RustDesk.

Warning signs include unexpected administrator accounts, unusual remote logins, unauthorised software installations, suspicious backup activity, mass file changes and ransom notes.

CIRT-BS recommends immediate security updates, multifactor authentication, restricted remote access, stronger network monitoring and secure backups maintained separately from operational systems.

Organisations should also remove unnecessary internet exposure of remote desktop services, limit administrative privileges and regularly test backup restoration.

The advisory does not identify any confirmed Akira attack against a Bahamian organisation but highlights vulnerabilities that could expose institutions to serious financial and operational disruption.

Cybersecurity incidents can be reported to CIRT-BS at soc@cirt.bs or through its official website.

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Energy Minister Delivers Electrifying Keynote Opening Address at CAREC 2026  

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NASSAU, The Bahamas – The Bahamas’ Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, delivered an electrifying address during the opening ceremony of the 2026 CARILEC Resilient/Renewable Energy Community (CAREC) Conference and Exhibition, being held October 18–22, 2026, at the British Colonial Hotel in Nassau, The Bahamas.

Under the theme “Empowering Progress: Strategic Policy and Planning for the Energy Transition,” the event draws more than 200 industry leaders, policymakers, regulators, and energy professionals committed to advancing practical strategies for sustainable and reliable Caribbean power systems through renewable energy and emerging technologies.

During her address, titled “The New Energy Era: Transforming Policy into Progress,” Minister Coleby-Davis reminded attendees that The Bahamas’ national motto, “Forward, Upward, Onward, Together,” aptly describes what the region’s energy transition demands.

“Empowering Progress speaks directly to our national motto. Not waiting for progress, but creating the conditions that allow progress to happen. Meaningful progress, however, does not occur by accident. It requires vision, sound policy, strategic planning, strong institutions, and the determination to turn decisions into results,” said Minister Coleby-Davis.

Participants acknowledged that small island developing states share similar pressures, compounded by geographical challenges, small electricity markets, ageing infrastructure, geopolitical influences, and the growing threat of severe weather.

Tasked with ushering in a new energy era across the islands while addressing the challenges posed by The Bahamas’ unique archipelagic composition, Minister Coleby-Davis said, “Every island needs a different answer, but the same logic. As an archipelagic nation, we must provide electricity across many islands, each with its own demand and infrastructure needs. Our strategy, therefore, must be national in direction, but responsive to individual communities.”

Restating her Ministry’s three core messages—that energy is an economic and security priority, technology must be viewed as a tool to support strong institutional leadership, and natural gas should be considered a bridge, not a destination—Minister Coleby-Davis reiterated that “progress must now be reflected in functioning infrastructure, effective institutions, and better electricity services: from policy commitments to coordinated implementation, and from fragmented investment decisions to long-term planning.”

Organised by CARILEC and co-hosted by Bahamas Power and Light (BPL) and Grand Bahama Power Company (GBPC), the annual Conference and Exhibition brings together the Caribbean energy community to advance practical solutions to the region’s most pressing energy challenges and accelerate progress towards more resilient, reliable, and sustainable power systems.

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Rosewood Exuma: A precedent-setting case for environmental law and future development in The Bahamas  

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By Eric Carey, ONE Consultants, former Executive Director of the Bahamas National Trust. 

We are facing an extraordinarily important moment in judicial history in The Bahamas as we await a decision on the trial of allegations in the Yntegra group’s Rosewood Exuma project.

As former Minister of the Environment, Romauld Ferreira, put it in the Supreme Court last week: “A lot is at stake…a  great deal of what will be considered in this case sets the stage for what’s to come for future development in the country.”

In the trial of the judicial review of government approvals given to Yntegra for their Rosewood Exuma resort this week, we’ve heard technical arguments about failure to make key environmental documents like Yntegra’s Environmental Impact Assessment and Environmental Management Plan available to the public, failure of key documents to assess some of the most controversial aspects of the project, an unlawful consultation process, and a failure to conduct further consultation following major changes to the development.

Lawyers for Turtlegrass described how there was a “salami slicing” of the project into chunks as a way to circumvent the approvals process and disguise its full impact from public scrutiny. Only certain portions came before the public and key stakeholders like Turtlegrass and Over Yonder Cay for scrutiny, while some of the most controversial aspects did not. This is particularly problematic given what is at stake – the dredging of a beautiful Exuma bay, the North Bay, to transform it into an industrial shipping channel, complete with an enormous seawall, dock, back-of-house facilities and other industrial infrastructure.

It is unfortunate that it has had to come to this – an expensive judicial review process that calls out the government for falling down on its duties to protect the environment and follow the law – but it is important and the broader implications should not be overlooked. When Justice Leif Farquharson rules on this case, he’ll set a precedent that could echo in The Bahamas for years to come, one that answers the question: are the 2019 environmental laws that Ferreira took to parliament after many years of advocacy by environmentalists toothless tigers that are just for decoration – or are they capable of protecting the environment that we all depend on and the rights of those affected by projects to have a genuine say in them?

What is curious is that at the same time as these points are being raised in court as part of the judicial review, we are seeing personal attacks about Bob Coughlin – the person spearheading this legal action and test of environmental laws – by online trolls. Coughlin, an Exuma resident for almost a decade, has long been established as an environmental advocate and a passionate philanthropist – one who has donated almost $4 million to causes in The Bahamas since 2018, including millions to the organisation I once led, the Bahamas National Trust.

For reasons one can only speculate about, these trolls have been trying to make out all sorts of absurd things: that his legal action in support of environmental protection is a petty dispute born out of fears of competition. That Coughlin no longer even wants to pursue his eco-tourism project, when the reality is that he was forced to put it on hold because of the destructive environmental plans that are in dispute. That he is the only one who has an issue with this Rosewood Exuma resort, when in fact, neighbouring resort, Over Yonder Cay – one of the top rated resorts in the Caribbean – as well as the Save Exuma Alliance – consisting of most of the local islands and businesses in the Exuma area, and thousands of petition signers have expressed their concern with the project – over 9,000 to date. Most ironically, they claim, wrongly, that Coughlin received crown land for personal use, when in fact it is Yntegra who received crown land while having no development track record, when Coughlin instead bought his lease on Sampson Cay from a private owner.

The timing of these claims, in the week of the trial, suggest a patronising and cynical attempt to distract from the gravity of the case being heard, what it represents, and how important this decision is. With their simplistic, jingoistic and factually-dubious references to crown land, white foreigners, and the like – it’s not hard to imagine that those involved are engaged in a ploy to push the buttons of Bahamians who they apparently believe can be too easily distracted into ignoring the real issue here: that the government, has – in the words of those in the Supreme Court this week – “run roughshod” over environmental laws with its approvals for Yntegra’s Rosewood Exuma project and that this is truly a landmark case and the decision will have a long-lasting impact on future development. This is at a time when foreign direct investment (FDI) inflows into the Bahamian economy are forecast to increase by as much as two thirds over the next two years, according to the Inter-American Development Bank (IDB).

So I call on my fellow Bahamians to stay focused. This is not a story about one man – it is a story about the future we want for our country and whether we are willing to sacrifice our ability to demand environmental accountability in all developments moving forward. There is too much at stake to be thrown off the track by trolls.

As Ferreira says of the judicial review that now awaits Justice Leif Farquharson’s judgement: “This is the first set of litigation, serious litigation, that takes a deep dive into the Environmental Planning and Protection Act and the environmental impact assessment regulations…There’s a lot at stake here.”

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