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Nassau: 1956 S A Bahamas Securities Exchange: Financials Investment services Nassau: 1999 Exchange P A BahamasAir: Consumer services Airlines Nassau: 1973 National airline S A Bank of London and Montreal: Financials Banking Nassau: 1958 Bank, defunct 1971 P D BTC: Telecommunications Mobile telecommunications Nassau: 1966 State-owned S A Clonaid ...
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
Castaway Cay - private island and an exclusive port for Disney Cruise Line; Castle Island; Cat Island; Cat Cay; Catch Island; Catto Cay; Cave Cay, a private island in the Exumas; Cay Lobos (nearest point of The Bahamas to Cuba (Cayo Confites): 22.5 km (14 mi)) Cay One; Cay Sal Bank; Cay Santo Domingo; Cay With Low Fall; Caye a Rum; Caye de Sel ...
Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
In 2013, the Bahamas Department of Statistics reported a poverty rate of 17.16% in the Out Islands, compared to 12.58% in Nassau and 9.69% in Grand Bahama. [ 13 ] At the beginning of the 20th century, more than 75% of all Bahamians lived in the Out Islands; by the 1970s, two-thirds of all Bahamians lived in Nassau or elsewhere on New Providence ...
Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...
New Providence is the most populous island in The Bahamas, containing more than 70% of the total population. [2] On the eastern side of the island is the national capital city of Nassau; it had a population of 246,329 at the 2010 Census, and a population of 292,522 at the 2022 census. Nearly three quarters of The Bahamas's population lives in ...
Princess Cays is located approximately 50 miles (80 km) from Nassau, Bahamas. [3] Visitors can go swimming, canoeing, kayaking, banana boating, water skiing, snorkeling, parasailing, sailboating, or waverunning. There are also volleyball and basketball courts. [3] Cabanas are available for daily rental. English is spoken and US currency is used ...