Atlantis Paradise Island is set to receive a $200 million investment as its parent company, Brookfield Asset Management, has reached a new deal on the debt refinancing of the property and created a wholly owned subsidiary to run the resort.
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JULY 1, NASSAU – Etienne Dupuch Jr Publications Ltd is pleased to announce the release of the July-December 2014 issue of The Bahamas Investor magazine. Crammed with insightful features, investor information and financial services sector news, The Bahamas Investor is an indispensable tool for anyone looking to invest or do business in The Bahamas.

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Bahamas-based charity Starlight Global recently held its signature event, titled A Night of Inspiration, in South Africa. The cultural event, which is designed to motivate people to achieve great things, was held at The Saxon boutique hotel in Johannesburg.

Guests sat down to a formal dinner while by Sibongile Mngoma (pictured, top), a well-known opera singer, performed accompanied by a string quartet.

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Prime Minister Perry Christie is heading a ministerial delegation to attend CARICOM‘s 35th Regular Meeting of the Conference of Heads of Government in Saint John’s, Antigua and Barbuda.

The four days of meetings will officially open at 5pm on today at the Sandals Grande Antigua Resort and Spa.

The delegation includes Tourism Minister Obie Wilchcombe; Foreign Affairs Minister Fred Mitchell; Transport and Aviation State Minister Hope Strachan; CARICOM ambassador HE Picewell Forbes; and several government officials and aides.

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Tuesday, June 24th, 2014 (Wealth Daily) – Ever dream about owning your own private island? Now is the time to pursue that dream!

Private islands, the ultimate status symbol, are generally associated with the jet set, royalty, Hollywood’s elite, and business tycoons.

In 2009, Aga Khan [pictured (stock)], a respected religious figure and one of the world’s richest men (with an estimated net worth of $800 million), reportedly bought the 349-acre Bell Island in The Bahamas for $100 million — the highest price ever paid for a privately owned island.

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This is an excerpt from Wealth Daily as it appeared on July 1, 2014. For updates or to read the current version of this post in its entirety, please click here.

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The Bahamas International Securities Exchange (BISX) is pleased to announce that the Nalbra Fund Inc. and Lyndhurst Fund Corp. have successfully completed the BISX Mutual Fund Listing Process and have now been added to the roster of funds listed on the Exchange.

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The Minister of Labour and National Insurance and Minister of the Public Service Shane Gibson bringing remarks at the official opening and naming of the Paul L Adderley Building June 27, 2014, on John F Kennedy Drive. Click here or the photo (left) to see the photos full size. (BIS Photos/Patrick Hanna)

Prime Minister Perry Christie officially named and opened the Paul L Adderley Building during a ceremony June 27, 2014 in front of the building on John F Kennedy Drive, which houses the Office of the Attorney General and Ministry of Legal Affairs.

Minister of Labour and National Insurance and Minister of the Public Service Shane Gibson also delivered remarks, as did attorney general and Minister of Legal Affairs Allyson Maynard-Gibson.

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During a visit to the Family Island of Eleuthera recently, Prime Minister Perry Christie said that large investment projects will bring far reaching economic benefits to the main island.
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Ground was broken last week on a new $39-million port on the Family Island of Abaco. The facility is the result of a partnership between The Bahamas government and the People’s Republic of China.
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Travel + Leisure Magazine continues to promote The Bahamas’ unique tourist offerings. According to editor Jacqueline Gifford, the New York-based magazine’s readers spent an estimated $21 million last year in the country.
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