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FINANCIAL NEWS
Qatar inks economic pact with Panama
13 May 2010
(MENAFN) The governments of Panama and Qatar signed a Double Taxation Agreement to facilitate the exchange of financial information and avoid double taxation between the two countries, QNA reported.
The Panamanian Economy and Finance Ministry quoted its Vice Minister Frank de Lima, who is currently visiting Qatar, as saying the agreement improves the business climate in Panama.
Lima said the new agreement and other similar commitments will make the country more attractive to foreign companies.
He said Panama has on its agenda rounds of negotiations in May about the same issue with France and Luxembourg, in order to remove the country from the list of non-cooperating countries on tax issues, which was published by the Organization for Economic Cooperation and Development (OECD).
Panama, under the administration of current President Ricardo Martinelli, has signed similar tax agreements with Belgium, Italy, Holland, Barbados, Spain and Mexico.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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