Egyptian billionaire Naguib Sawiris, owner of Silver Sands, has acquired 20 acres for a hotel on Barbuda and requested an additional 50 acres for an expanded property, as confirmed by Finance Minister and Prime Minister Gaston Browne, emphasizing the positive impact on residents.
Browne foresees a prosperous future for Barbuda, envisioning it as one of the Caribbean’s most diversified destinations.
Ongoing discussions with Saudi Arabia also indicate a potential $80-100 million investment in a high-end resort.
Adding to the island’s allure, Rosewood Hotels & Resorts is expanding to Barbuda with the upcoming 2028 opening of Rosewood Barbuda.
