Antigua and Barbuda Likely to Open Embassy in Saudi Arabia
Antigua and Barbuda is seeking to strengthen relations with Saudi Arabia and is likely to open an Embassy in Rhyiad, the Capital of Saudi Arabia, according to notes from this morning’s Cabinet
The decision is expected to maximize the flow of resources from Saudi Arabia.
The Cabinet held a Zoom meeting with a Sheik Rafik of Saudi Arabia on Wednesday who expressed interest in providing seed money for a Caribbean Development Fund.
Chief of Staff in the Office of the Prime Minister Lionel Max Hurst said in his notes that it is expected that the Antigua and Barbuda Investment Authority will be a major functionary in extracting capital from the Development Fund.
“The Citizenship by Investment Programme should also benefit significantly from the presence of an Antiguan and Barbudan Embassy in Saudi Arabia. It is reported that several Caribbean countries that have CIP Programmes are already represented in Saudi Arabia,” he said
In January, the government signed an agreement with the Saudi Fund for Development (SFD) to secure US$80 million to invest in the development of The UWI’s youngest landed campus in Five Islands
A high-level team representing the Saudi Development Fund paid a courtesy call on Prime Minister Gaston Browne and a delegation comprising several members of the Cabinet recently
The visit was part of a drive to lobby support for Saudi Arabia’s bid to host Expo 2030.
This story was first published by Antigua News on : antigua.news/2023/06/29/antigua-and-barbuda-likely-to-open-embassy-in-saudi-arabia. © 2023 Antigua News. Republication without permission is not allowed.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Nicholas Leads APUA Delegation to Regional Water Conference
Discussions in Grenada focus on water security, climate resilience and sustainable utility services across the Caribbean.
By Shermain Bique-Charles
Antigua and Barbuda to Host Caribbean Tourism Conference in 2027
Regional tourism leaders will gather from October 4–8 as the destination prepares to host CTO’s flagship industry forum.
By Shermain Bique-Charles
National Health Insurance Could Become Reality by 2028 as Antigua and Barbuda Relaunches Universal Health Coverage Programme
Government advances plans for a National Health Insurance Programme aimed at making essential healthcare more accessible and affordable while reducing the financial burden on households.
By Cory Wayland
WATCH:Appeal for Information After Alleged Attempt to Snatch Necklace on All Saints Road
Circulating appeal says a man’s necklace broke and fell to the ground during the incident near the credit union.
By Shermain Bique-Charles
Comments (1)
Anonymous National June 29, 2023, 9:39 AM