Middle East and UAE businesses are bullish on Panama opportunities.

Economy
The Ministry of Commerce explained to businessmen the strategic position of Panama, the competitive advantages and the benefits it offers as an ideal place for foreign investment

A group of foreign investors, led by Kuwaiti businesswoman Dana Al Salem, came to Panama to learn about the competitive advantages and benefits that the country offers.

The aim is to identify business opportunities in key areas such as renewable energy, real estate, film production and tourism, the Ministry of Commerce and Industry (Mici) said in a statement.

During their visit to the country, the foreign businessmen held meetings with the Minister of Commerce and Industry, Julio Moltó, and the Vice Minister of Foreign Trade, Carlos Hoyos.

Moltó highlighted to the delegation the strategic position, logistical capacity and competitiveness of Panama as an ideal location for foreign investment.

“Panama is the undisputed leader in services in the region, thanks to our logistics capacity and the infrastructure of the Panama Canal, which naturally position us as the epicenter for investments between the Middle East and Latin America,” said Moltó.

Vice Minister Hoyos, for his part, highlighted the interest in supporting initiatives that promote Panamanian culture, such as the creation of culinary routes and green tourism, as well as establishing regional film production centers and improving local agriculture.

On this visit to Panama, Al Salem, global technology entrepreneur and co-founder of Clockwork and Yahoo! Europe, was accompanied by Matthias Hollwich, founder of HWKN, a collective of architects and innovators based in New York.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Conservation
PANAMA to host important meeting about sustainable fishing operations.

https://newsroompanama.com/2025/07/11/the-meeting-of-the-inter-american-tropical-tuna-commission-will-be-hosted-again-by-panama/ From September 1 to 5, 2025, Panama will host the meeting of the Inter-American Tropical Tuna Commission (IATTC) for the second consecutive year. This international meeting will bring together representatives from 20 countries, more than a dozen non-governmental organizations, 250 in-person observers, and another 200 participants connected virtually, with the aim …

Agriculture
Massive layoffs disrupt labor in BDT from “Chiquita” situation.

https://newsroompanama.com/2025/07/11/after-massive-layoffs-in-bocas-panamas-president-mulino-pushes-for-chiquitas-return/ Panama’s President José Raúl Mulino pledged on Wednesday to do everything possible to convince U.S. banana giant Chiquita Brands to resume operations in the country, after the company shut down during a strike and protests that caused it millions in losses. Chiquita ceased operations and laid off about 7,000 workers at …

International Relations
PANAMA off the EU “Gray List”

https://newsroompanama.com/2025/07/09/mulino-on-panamas-removal-from-the-european-unions-gray-list-it-was-a-titanic-effort/ Coclé: President José Raúl Mulino said he was “pleased” after Panama’s exclusion from the European Union’s list of high-risk jurisdictions for money laundering.  During an opening ceremony for the new Río Hato Health Center, the president emphasized that a “titanic effort” had been made, forcing him and his government to “push against all odds.”  He noted …