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Mon 27 May 2013 12:52 PM

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Qatar said to eye Caribbean resort investment

Antigua & Barbuba PM in talks with Qatar's Emir over deal on major tourism project - report

Qatar said to eye Caribbean resort investment
Antigua is a popular tourism resort in the Caribbean.

Qatar is reportedly poised to invest in a major tourism project in the Caribbean.

Media reports in Antigua & Barbuba said the island's prime minister Baldwin Spencer was in talks with the Emir of Qatar, Sheikh Hamad Bin Khalifa Al Thani, to work together on the proposed Azure Bay Property Development Project.

The project is the largest high-end hospitality development opportunity in Antigua & Barbuda, local media said.

Reports added that the proposed property will include a five-star hotel, apartments, 18-hole championship golf course, a wellness clinic and spa, a deep water marina, heliport, casino, and luxury retail centre.

Prime Minister Spencer was quoted as saying that Antigua & Barbuda has agreed in principle to an economic, commercial, and technical co-operation agreement with Qatar designed to enhance the relationship between the two countries.

No details were given regarding the size of any investment by Qatar.

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Shakeel 6 years ago

The investment seems massive but I do not understand why an Islamic country will invest in a casino when its deemed 'haram'.