INSEAD Day 4 - 728x90

Panama

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • "At approximately 1 am (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea and struck M/T Wind, a Panamanian-flagged, Greek owned and operated oil tanker", CENTCOM said in a post on social media site X.
  • Record 116 tons of cocaine seized at Belgium’s Antwerp port in 2023

    Vlissingen, Netherlands - Cocaine seizures at the Belgian port of Antwerp, the top gateway into Europe for mainly South American drug cartels, hit a fresh record high last year, authorities said on Wednesday. Some 116 tons of cocaine were seized in Antwerp alone, Belgian Finance Minister Vincent van Peteghem told reporters,...
  • Batelco launches mobile peering service in MENA region

    Manama, Bahrain - Batelco, part of the Beyon Group, announces its latest service “Mobile Peering” for members of the platform. Batelco is the first in the MENA region to offer a Mobile Peering service, which is an open interconnecting solution, enabling mobile operators and Internet Packet Exchange (IPX) providers to...
  • Drought forces Panama Canal operator to cut ship traffic

    Panama City, Panama - The operator of the Panama Canal, the passageway for cargo ships between the Atlantic and Pacific oceans, said Tuesday that it would gradually limit the number of daily crossings due to drought. Traffic will be reduced to 25 ships a day from Friday, down from 29, and...
  • Iran seizes oil tanker in Strait of Hormuz, says US Navy

    Iranian forces seized a Panama-flagged oil tanker in the Strait of Hormuz, the US Navy said, the second such incident in less than a week. The tanker, Niovi, was sailing from Dubai towards Fujairah, another port in the UAE, when it was stopped by Iran's Islamic Revolutionary Guard Corps Navy.
  • OPEC Fund lends Panama US$120m in loan for climate action

    Vienna, Austria--The OPEC Fund for International Development (the OPEC Fund) has lent Panama a US$120 million in loan to support the country’s climate action, adaptation, resilience and mitigation policies. The “Panama Support Program for the National Climate Change Policy” aims to mitigate, contain and reverse the effects of climate change,...
  • US proposes $300 mn fine over huge robocall ‘scam’ campaign

    The operation placed about 5.2 billion calls to more than 550 million wireless and residential phones between January and March 2021, employing more than one million unique caller ID numbers, said the FCC. The effort included "spoofing" the phone numbers of hospitals, "which resulted in confused consumers calling the hospitals...
  • Panama law firm heavily implicated in ‘Pandora Papers’ revelations

    Alcogal created offshore shell companies to hide money in tax havens for politicians and public figures. They included "some accused of looting their countries," according to the International Consortium of Investigative Journalists, which obtained the leaked documents as part of the Pandora Papers, published Sunday.
  • Cargo ship splits in two after running aground at Japan port

    Aerial images showed the separated stern of the Crimson Polaris tipped upwards and the other part of the stricken boat listing into the sea. Three patrol boats and three aircraft were dispatched after the ship ran aground on Wednesday in the port off Japan's northeastern coast.