Sunday, October 19, 2025

From Lebanon to La Condesa: Lebanese food and culture in the capital

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Lebanese culture can be found all over Mexico, but nowhere is it stronger than in Mexico City. (Instituto Cultural Mexicano Libanes)

Continuing our series on immigrant communities of Mexico City and their food, I dug in deep this week to research the history of the Lebanese community in Mexico — keepers of one of my favorite culinary traditions in the capital.

It’s impossible to know when the first Lebanese immigrant set foot on Mexico’s shores. The beginning of Arab immigration to Mexico began before Lebanon was even a country. People from the area that is now Israel, Lebanon, Syria, Egypt and Turkey migrated throughout the 19th and beginning of the 20th century, escaping the harsh authority (and in the case of Lebanese Christians, religious persecution) of the Ottoman Empire.

statue of Lebanese immigrant
Lebanese immigration to Mexico began during the 19th century. (Instituto Cultural Mexicano Libanes)

How the Lebanese community in Mexico began

Habib Chamoun, an author and professor who writes about the Lebanese diaspora, says he remembers hearing stories within the community of how the Ottoman Empire pressed young men into military service against their will. Later, he adds, economic woes — such as the 1869 opening of the Suez Canal that contributed to the collapse of the Mount Lebanon silk industry in the 1890s — meant that immigrants left to seek their fortune in countries in Europe, other parts of the Middle East, and the Americas.

“The concept of ‘Arab’ or ‘Lebanese’ was nonexistent in defining nationality in the 19th century,” writes Zidane Zeraoui in his essay Arab Immigration in Mexico: National Integration and Community Identity. “All Middle Eastern immigrants who entered into [Mexico] before World War I were considered Turks.”

It wasn’t until the 1920s that Mexico attempted to precisely record immigrants and their places of origin. But only in the 1930s did those records become reliable enough to be considered good historical sources. Like many immigrants to Mexico, researchers believe that many Lebanese converted their names to similar-sounding Spanish ones or were referred to as Italian or other nationalities, but who were likely from Lebanon or the region.

Ports of entry for Lebanese immigrants

These early Lebanese came by boat to the Yucatán Peninsula or one of the Gulf of Mexico ports (Veracruz, Tampico, and Progreso). Traces of their influence can be seen on the streets of Mérida, where vendors sell “kibbe bola” (a blend of ground meat and seasonings inside a crusty ball of fried dough) topped with fresh cabbage and habanero salsa. The Lebanese took advantage of the Yucatán’s henequen boom, opening small shops or as roving vendors in the streets of cities like Mérida.

Records from the time show that most Arab immigrants arriving were very young. One study says that 52% of the population was between 16 and 30. While men outnumbered women, there was a substantial population of women as well. Leading researchers to believe that these were permanent moves, not temporary money-making endeavors.

How Lebanese immigrants assimilated in Mexico

Rebeca Iclán in “Inmigración libanesa en México: Un caso de diversidad cultural” says that Lebanese immigrants were both welcomed and discriminated against at the same time, but that most of their neighbors accepted and respected them for their skills as vendors and shop owners.

Lebanese galley
Lebanese immigrants have a rich cultural legacy in Mexico, which survives to this day. (Instituto Cultural Mexicano Libanes)

Chamoun, whose book “Negotiate like a Phoenician” highlights the business savvy of the Lebanese, says they offered credit to their clients, which was uncommon at that time. And he adds that they were the type of people who could mix with both poor rural farmers and the elite classes, an attitude that procured them a lot of goodwill in Mexican society.

Another of the reasons that the Lebanese assimilated so easily in Mexico was that most of the newly arrived were Christians, the majority Maronite Catholics.

Mexico City’s Centro Historico is home to one of the only Maronite churches in the world outside of Lebanon, complete with a Saint Charbel statue venerated by the Maronite community. Here you can still hear the blessing of sacramental wine and wafers in Aramaic, a common practice in this sect of Catholicism.

Lebanese in Mexico City

The Lebanese community in Mexico City didn’t really start to form until the 1940s, when families started to move to the interior of the country. By 1948, 1,365 families were living in the capital. The Lebanese Society, founded in 1941, would later become the Centro Libanes social club in the 1950s and still exists today.

More restrictive immigrant laws after 1950 slowed immigration in general to Mexico, but the pre-established community here meant that throughout the twentieth century and into the 2000s, many Lebanese found their way to Mexican shores. The result is close to 600,000 people of Lebanese descent in Mexico today.

Mohamed Badar, the owner and chef of El Jamil restaurant in Condesa, was one of the latest generations of Lebanese immigrants. He arrived in 2005 following the political unrest of the bombing that killed Prime Minister Hariri at the St. George Hotel in Beirut. His career up until then had been focused on the hotel industry, but he always dreamed of opening a restaurant.

Lebanese food and Mexican cuisine

Tacos árabes
Tacos árabes grew out of shawarma, introduced by Lebanese immigrants. Tacos al pastor, on the other hand… (D’humo)

Lebanese food is by far the most beloved of this community’s contributions to Mexico — kibbe, jocoque, falafel, tabbouleh and other equally poetic-sounding dishes can now be found in every form — from falafel shops to fine dining. (While many will tell you that tacos al pastor were Lebanese creations, their origins are actually linked to two Iraqi families in Puebla).

“Lebanese food is about sharing,” says Badar, “no one orders a dish for just themselves unless they are dining alone. You share the bread. You share everything.”

And long before the custom of dining out was popular, cooking traditional food from their homeland was one way in which the Lebanese maintained their connections with their birthplace, sometimes even generations later.

“For special occasions like New Year’s, or a birthday celebration, it was always Lebanese food,” says Andrea Sayeg, who is third-generation Lebanese-Mexican and started Lebanese taco shop Alay Alay in 2021. “I remember my great aunt used to dip our pacifiers in café arabe.”

Lebanese cuisine is known for its earthy flavors of ground coriander, cinnamon and cumin, but also the bright tang of sumac and citrus. Fresh herbs like cilantro, mint and parsley are abundant, and lamb is predominant. In Mexico, dishes have often been modified to include more beef and pork, which are more popular proteins with diners here. Fresh olive oil is also prevalent, along with spice mixes like za’atar, which is a blend of thyme, sumac and sesame.

The best Lebanese restaurants in Mexico City

It seemed that everyone I talked to for this piece had their favorite Lebanese restaurant in Mexico City. Most agreed that for an authentic and old-school experience, Al Andalus in the Centro Historico is a must. Chef Mohamed Mazeh sold tacos arabes when he came in 1990. That was before opening Al Andulus in 1994 inside what was famously the city’s first officially sanctioned brothel in the 1600s. It’s now a lovingly preserved relic of Colonial architecture. In its stone courtyard, you can sip “arak” (an anise-flavored liquor traditional to the region) and scoop up the various items that form the mezze-style menu with some of their homemade pita baked fresh in their massive stone oven upstairs.

El Jamil
The staff of El Jamil in Mexico City. (Facebook)

El Jamil on the Amsterdam circle in Condesa has a much lighter and modern feel as you look out into the surrounding greenery and sip a cool, sweet white wine at one of the sidewalk tables. They serve what are, for me, the freshest versions of Lebanese dishes I have had in the city. The fattoush salad with fresh mint and purslane, dusted with tangy sumac, is an explosion of contrasting flavors. The whiff of cinnamon from the fried kibbe bola will have you believing it’s sweet until you take an incredible savory bite along with a smear of sour jocoque on top. A trace of rose water in the baklava gives this dessert made of honey and ground pistachios extra decadence. It’s an all-around great experience. 

Pat Patz for more pizzazz

For less purism and more pizzazz, Pat Patz, discussed previously, is a must. Mijael Seidel has a menu that spans several different types of Middle Eastern cuisine. His Lebanese dishes have small adaptations that make them shine — baba ganoush with honey, walnuts, and pomegranate, tabouleh with whole wheat berries instead of bulgur and labneh with a touch of dill in homage to Seidel’s Eastern European Jewish ancestors. The food here might make a Lebanese grandmother blush with the impropriety. But for me, it’s a flavor-filled dream.

Lydia Carey is a freelance writer and translator based in Mexico City. She has been published widely both online and in print, writing about Mexico for over a decade. She lives a double life as a local tour guide and is the author of “Mexico City Streets: La Roma.” Follow her urban adventures on Instagram and see more of her work at mexicocitystreets.com.

What’s on in San Miguel de Allende in September?

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Flamenco, conspiracy and freedom await in San Miguel de Allende. (Fathom Away)

September is the most joyful and festive month of the year in San Miguel! Not only does the city celebrate the “Grito de Independencia” and all the patriotic holidays, but also its Patron Saint, Archangel Michael, on September 29 — the biggest and most important festival for San Miguel. Get ready to enjoy lively streets, music, noise, and lots of fireworks at every hour. Be part of this great celebration and don’t miss the best events.

Art Walk

A large brick factory building entrance with the name "La Aurora" in black iron letters up top. There a large windows on either side with wrought-iron bars instead of glass.
(La Aurora)

The traditional Art Walk at Fábrica La Aurora will take place on Saturday, September 6, from 5 to 7 p.m. Don’t miss a magical afternoon surrounded by art, music, wine, and great artists.

Date: Saturday, September 6, 2025, 5–7 p.m.

Location: Fábrica La Aurora

Cost: Free

Mariachi Opera Concert

(Mariachi ópera)

Before the Independence Day celebrations, Mariachi Internacional Los Camperos joins Operísima México singers to bring you a magical fusion of mariachi and opera. Get ready for an unforgettable evening under the musical and stage direction of Maestro Rogelio Riojas-Nicolasco and Maestra Eréndira Gordillo. This concert promises a sonic journey that will move the audience deeply, combining operatic drama with Mexican passion.

Date: Friday, September 12, 2025, 7 p.m.

Location: Casa Europa México, San Francisco #23, Centro

Cost: 550 pesos

La Sal de la Tierra

(Sal de la Tierra)

The passionate repertoire of Spanish classical dance, united with the intensity of flamenco, gives life to this show designed to touch the audience’s heart. Patricia Linares, dancer and choreographer, has invited Juan Rosas Ávila (guitarist), Silvia Cruz “La Chivi” (singer), and dancers Beatriz Aguilar and Sally Avigdor to create this beautiful performance, suitable for all audiences.

Date: Friday, September 5, 2025, 6–7:30 p.m.

Location: Teatro Santa Ana

Cost: 500 pesos

Carrera de la Conspiración (Conspiracy Race)

(María Ruíz)

As part of the patriotic celebrations, the 70th Conspiracy Race will be held through San Miguel’s main streets, starting from the Jardín Principal and covering several landmarks before finishing at the Municipal Palace. Every year, thousands of locals participate in this over 4 km race. Winners receive a trophy and are chosen to run in the Symbolic Race on September 15, carrying the torch of the insurgency. Register at the COMUDE offices (Carretera San Miguel de Allende – Dr. Mora, Palmita de Landeta), from 8 a.m. to 4 p.m.

Date: Saturday, September 13, 2025, afternoon

Location: Jardín Principal, Centro

Cost: Free

Carrera Simbólica (Symbolic Race)

 

The Symbolic Race continues from the Conspiracy Race. It starts at noon in downtown Querétaro and arrives at San Miguel’s downtown just before the Independence Day shout, recalling how revolutionary Ignacio Pérez rode from Querétaro to San Miguel to alert Ignacio Allende, starting Mexico’s independence. Runners relay the insurgent torch along the route as a symbol of independence.

Date: Monday, September 15, 2025, 10:59 p.m.

Location: Salida a Querétaro, San Francisco, Jardín Principal

Cost: Free

Independence Day Shout 

Crowd in Toluca for Independence Day celebrations

On the night of September 15, every corner of Mexico celebrates the “Grito de Independencia.” The mayor or governor takes the lead, standing on the municipal palace balcony and delivers the call, shouting the names of the independence heroes. The crowd answers “¡Viva!” Afterwards, bells ring, fireworks erupt, music plays, and people wave the Mexican flag with pride. Though the actual “Grito de Dolores” happened early on September 16, since 1845 it’s been celebrated the night before for convenience — a tradition long preceding President Porfirio Díaz.

Date: Monday, September 15, 2025, 11 p.m.

Location: Jardín Principal

Cost: Free

Alborada Review

No matter the time of the year, in San Miguel there is always fiesta and merriment. (María Ruiz)

The Alborada is San Miguel’s most important celebration, held for about 100 years. Traditionally, on the early morning of September 29 (or the last Saturday of September), residents of the city’s oldest neighborhoods gather at the main garden to sing “Las Mañanitas” to Archangel Michael. People walk from their neighborhoods carrying large, colorful paper stars and dance to band music. Since not everyone can get up early for the main event, a “review” is held a week before at 5 p.m., allowing everyone to see and learn about it.

Date: Friday, September 19, 2025, 5 p.m.

Location: Calzada de la Aurora, Salida a Querétaro, and Calzada de la Estación

Cost: Free

Entrada de los Xúchiles

Dancers at the El Señor de la Conquista festival in San Miguel de Allende
(Scott Umstattd/scott-pix.com)

As part of Archangel Michael’s festival, the parade of xúchiles (pre-Hispanic dancers) winds through city streets. See deep Mexico in this parade full of traditional costumes and native rhythms — perfect for amazing photographs.

Date: Saturday, September 27, 2025, 5 p.m.

Location: Centro

Cost: Free

San Miguel de Allende Fair

(Unsplash)

Between the patronal and Archangel Michael’s festivals, the San Miguel de Allende Fair takes place in the upper part of the city. Enjoy rides, Mexican snacks, circus acts, live music, dance, and joyful moments with family.

Date: Late September and early October

Location: Road to Dr. Mora

Cost: 25 pesos

María Ruiz is the Director of Digital Marketing at Mexico News Daily. She enjoys photographing her hometown of San Miguel de Allende in her spare time.

New Mexico-US security program is ‘good for the country,’ Sheinbaum says: Thursday’s mañanera recapped

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President Sheinbaum at the podium of her morning press conference
The new commitments include more intelligence sharing but no new troop deployments, President Sheinbaum said at her Thursday press conference. (Presidencia)

A new security cooperation program announced by the Mexican and U.S. governments on Wednesday was a key focus of President Claudia Sheinbaum’s Thursday morning press conference.

Sheinbaum responded to several questions about the initiative, which was announced after the president met with United States Secretary of State Marco Rubio at the National Palace in Mexico City on Wednesday morning.

The new Mexico-US security program is ‘good for the country,’ says Sheinbaum

Sheinbaum said that the “cooperation program on border security and law enforcement” that was announced on Wednesday entails collaboration and cooperation between Mexico and the United States “in various areas,” including intelligence and training.

She said that Mexico and the United States will share information with each other to help authorities combat criminal threats in their respective countries.

Mexican and U.S. authorities already share intelligence, but there now appears to be a joint commitment to ramp up that cooperation.

It also appears that more joint training exercises will take place.

Sheinbaum and Rubio announce establishment of new bilateral security group

Sheinbaum indicated that Mexican military personnel will travel to the United States to undergo training offered by the U.S. armed offices and suggested that U.S. personnel could come to Mexico to receive natural disaster response training from the Mexican Army and Navy.

Rubio said on Wednesday that “joint training” is an important part of bilateral security cooperation and that Mexico and the U.S. plan to “amplify” that aspect of their security relationship.

Sheinbaum said that the meeting with Rubio was “very cordial” and contended that the result of it — a new security program that includes the establishment of a “high-level implementation group to meet regularly and follow up on mutual commitments” — is “good for the country.”

Sheinbaum spoke about a security agreement, but a ‘program’ was announced. What happened?

A reporter told the president that there was an expectation that there was going to be a “signed agreement” between Mexico and the United States, possibly with “more commitments” and a broader scope than what was announced on Wednesday.

“Did something change?” the reporter asked.

“There is a program,” reiterated Sheinbaum, who in recent weeks spoke about a new bilateral security agreement that she expected to be signed soon, before modifying her language last week to talk about a security “understanding.”

Sheinbaum takes questions from a crowd of reporters raising their hands at a press conference
Sheinbaum fielded questions about the shifting terminology around the new security program. (Presidencia)

She acknowledged that she had spoken about an agreement, but told reporters that the Ministry of Foreign Affairs explained to her that “bilateral agreements that are signed have another characteristic,” one that includes “other diplomatic and foreign policy procedures.”

“… Perhaps I expressed myself poorly, … but the work program that was agreed yesterday was always on the table,” Sheinbaum said.

Sheinbaum: Rubio didn’t ask for more US agents to be allowed into Mexico

A reporter asked the president whether Rubio had requested that more U.S. agents be allowed to come into Mexico to join the fight against Mexican drug cartels.

“No, no, it wasn’t an issue,” Sheinbaum responded.

“They know that we have a protocol to approve agents from the different [U.S.] agencies. … We have a constitution that addresses that and the National Security Law. So, it wasn’t an issue in the talks,” she said.

In 2020, Mexico’s Congress approved legislation that regulates the activities of foreign agents in Mexico, removes their diplomatic immunity and allows for their expulsion from the country.

The legislation was seen as being aimed primarily at United States Drug Enforcement Administration and Federal Bureau of Investigation agents, who have long operated in Mexico.

Mexico not planning to send additional troops to the border region

Sheinbaum said that an additional deployment of Mexican troops to the northern border region is not part of the new Mexico-U.S. security program.

She said an additional deployment is not currently “necessary,” and stressed that the United States hasn’t asked for more troops to be sent to the northern border region.

Sheinbum points at a letter announcing a bilateral US-Mexico security program
The new security commitments do not involve troop deployments, a measure President Sheinbaum described as not currently necessary. (Presidencia)

The federal government deployed 10,000 National Guard troops to the border region in February as part of an agreement Sheinbaum reached with United States President Donald Trump that resulted in a one-month “pause” on a 25% tariff the U.S. government planned to impose on imports from Mexico.

The tariff took effect in March, despite the National Guard deployment, but USMCA-compliant goods were promptly exempted from the duty.

Which Mexican officials officials will participate in the Mexico-U.S ‘high-level implementation group’?

In a joint statement issued on Wednesday, the Mexican and U.S. government said they had “established a high-level implementation group to meet regularly and follow up on mutual commitments and actions taken within their own countries, including measures to”:

  • “Counter the cartels
  • Strengthen border security and eliminate clandestine border tunnels
  • Address illicit financial flows
  • Enhance collaboration to prevent fuel theft
  • Increase inspections, investigations, and prosecutions to stop the flow of drugs and arms.”

On Thursday, Sheinbaum said that five Mexican officials (or their proxies) will represent Mexico in the group:

  • Security Minister Omar García Harfuch.
  • Defense Minister Ricardo Trevilla Trejo.
  • Navy Minister Raymundo Pedro Morales.
  • Foreign Affairs Minister Juan Ramón de la Fuente.
  • Attorney General Alejandro Gertz Manero.

Sheinbaum: US commitment to combat arms trafficking to Mexico is ‘very important’

Marco Rubio on Wednesday declared that the U.S. government will “stop the flow of armaments” to Mexico and other Western Hemisphere countries.

On Thursday, Sheinbaum said she wasn’t aware if any other U.S. official, while in Mexico, had publicly acknowledged “the importance” of the U.S. authorities taking action to stem the flow of firearms to Mexico, where cartel members and other criminals commonly use illegally imported weapons to commit crimes including murder.

“So it’s very important,” she said.

Sheinbaum takes aim at PRI leader 

After telling reporters that no plans are currently in the works for her to meet Trump face to face, Sheinbaum noted that Senator Alejandro Moreno, national president of the Institutional Revolutionary Party (PRI) and the instigator of a congressional brawl last week, was in Washington.

PRI chief physically attacks Morena’s Senate leader on the rostrum

On social media on Wednesday, Moreno said that he had participated in “very productive meetings” in the capital, and declared that he and the PRI would “never allow” a “terrorist and communist narco-dictatorship” to be installed in Mexico.

He and some other opposition politicians claims that Sheinbaum and the ruling Morena party are in cahoots with organized crime in Mexico.

Sheinbaum said that Moreno was making a fool of himself by traveling to Washington and claiming that her government is in bed with “los narcos.”

“And here Marco Rubio, the secretary of state, [was] congratulating us for the work we are doing on organized crime and [speaking about] the good cooperation there is,” she said.

Rubio said Wednesday that “the current security cooperation between the United States and Mexico is the “closest … we have ever had, maybe with any country.”

By Mexico News Daily chief staff writer Peter Davies ([email protected])

Navy vessels resume sargassum collection off the Tulum coast

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A Mexican Navy sailor on a ship guides a crane bearing a load of sargassum seaweed
A sailor on the Navy ship Natan receives a load of sargassum offshore of Puerto Morelos. Similar ships are now deployed off the coast of Tulum. (Elizabeth Ruiz/Cuartoscuro)

After more than six months out of service for maintenance work, two Navy sargassum collection vessels are operational again off the coast of Tulum, boosting efforts to keep the noxious seaweed off the beaches of Mexico’s Yucatán Peninsula.

While sargassum removal efforts continue on the beaches of the state of Quintana Roo, the Navy (Semar) vessels are designed to collect sargassum in the open sea before it reaches the sand.

A ship filled with massive quanitities of sargassum. Sailors stand on top of the mountains of brown seaweed with rakes
Ships like this one keep seaweed from reaching shore, where it would release noxious gases as it decomposes. (SEMAR/Cuartoscuro)

David Buchanan García, head of the Federal Maritime Terrestrial Zone (Zofemat) in Tulum, confirmed that the offshore sargassum collection vessels renewed operations a couple of weeks ago.

To improve the vessels’ efficiency, local authorities and federal agencies are installing a floating dock that will facilitate embarkation and disembarkation as they load and unload the seaweed. Promoted by the National Commission of Natural Protected Areas (Conanp), the project will also improve safety in the daily operations of the naval units.

With these efforts, authorities hope to make more headway in controlling the tourist-discouraging seaweed, which has washed ashore in record-breaking quantities this year.

In May, the National Autonomous University of Mexico (UNAM) had warned that sargassum levels would increase by 40% compared with previous years. Researcher Leticia Durand Smith, from the UNAM Regional Center for Multidisciplinary Research, warned that the natural phenomenon would reach unprecedented levels, surpassing the records of 2018 and 2023, when sargassum invaded beaches and reefs.

A map of which beaches have sargassum in Quintana Roo
Sargassum levels currently range from moderate to excessive at most Quintana Roo beaches, as of Sept. 1. (Red Sargazo)

In the resort city of Cancún, for instance, officials have reported collecting nearly four times more sargassum this year compared to all of 2024, when 3,700 tons were collected.

“We surpassed last year’s figures since June,” said Antonio Chambé, director of municipal public services of Benito Juárez, Cancún’s municipality. “Today’s figure is historic. We’ve had large amounts of sargassum arriving, especially along the coast from Delfines toward Chac Mool.”

Sargassum is a yellow-brown seaweed that floats in the central Atlantic Ocean for much of the year, providing  food, shelter and breeding grounds for various marine species. However, once it reaches the shore and begins to rot, it releases toxic gases such as hydrogen sulfide and ammonia, which can be harmful to humans and the environment.

Authorities in Quintana Roo have said that the landing season generally ends in November, when cold fronts begin. The “Everyone Against Sargassum” program will continue until then.

With reports from La Jornada Maya and Reportur

Fintech firm Kapital is Mexico’s latest unicorn, valued at over US $1B after acquiring Intercam Bank

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nyse
Kapital Grupo Financiero is now one of just a handful of companies in Mexico or even Latin America that has achieved unicorn status. (@ValoraAnalitik/X)

Mexican neobank Kapital Grupo Financiero achieved “unicorn” status on Tuesday after raising US $100 million in a Series C funding round, doubling its valuation to US $1.3 billion. The milestone comes shortly after the bank acquired Intercam Bank, the target of recent U.S. sanctions for allegedly laundering money for cartels.

Kapital joins a handful of Mexican companies that have reached the coveted unicorn status, including used-car seller Kavak, crypto exchange Bitso and fintechs Stori and Plata.

The entrance to Intercam bank
Intercam was one of several Mexican banks sanctioned by the U.S. earlier this year for alleged involvement with organized crime. Kapital, locked into expansion mode, acquired its assets recently to help put it over the US $1 billion mark to qualify as a unicorn. (Intercam/Facebook)

“We are proud to join the small group of unicorns in Latin America,” said René Saul, CEO and co-founder of Kapital Grupo Financiero. “Kapital … reached profitability in less than two years, and our growth continues to accelerate thanks to the combination of a banking license and proprietary software.” 

“Unicorn” status — achieved when the valuation of a privately held start-up exceeds $1 billion — indicates exceptional innovation and rapid growth potential, and is a coveted milestone for investors and founders.

California venture capital firm Tribe Capital and Pelion Ventures led the funding round, with support from Marbruck Ventures, True Arrow and Y Combinator.

Kapital Bank will use the funds raised in the Series C round to build an AI-driven financial ecosystem to improve business performance, according to LatAmList, a magazine focusing on startup and venture capital news in Latin America.

A Series C round is a late-stage funding round for a successful startup, typically focused on significantly expanding existing operations to access new markets and geographies. 

Investors in Series C rounds — frequently a final step before an initial public offering (IPO) — often include established venture capital firms, private equity firms and other financial institutions seeking substantial returns by investing in a mature, less risky company. 

Fintech Futures reported that Kapital previously raised US $40 million in Series B equity financing and a US $125 million debt facility in December 2023, preceded by a $23 million Series A round and $45 million debt facility in May 2023. 

The Delaware-incorporated but Mexico City-based fintech company, founded in 2020 by CEO Saul, CFO Fernando Sandoval and managing director Eder Echeverria, has also carried out several high-profile purchases of more traditional banking operations.

CIBanco, Intercam sell off assets as US extends bank sanction deadline

In 2023, Kapital bought Mexican bank Autofin to sidestep the lengthy process of independently applying for a banking license.

The company made headlines last month upon announcing it would acquire Mexican financial group Intercam’s brokerage, asset management and operational banking assets.

Intercam was among the Mexican financial institutions hit by U.S. sanctions in June due to money-laundering accusations.

Reuters reported that Kapital is “working with U.S. and Mexican authorities to ensure compliance in the purchase.” The acquisition also involves a US $100 million investment in banking operations.

Kapital Bank, with operations in Mexico, Colombia and the U.S., offers banking services for individuals, including accounts, investments, and credit. 

The fintech company also offers banking services for SMEs (Small and Medium-sized Enterprises), including business checking accounts, loans, and wealth management tools.

Customers can manage their finances, transfer money and pay bills through Kapital’s online and mobile platforms.

With reports from Reuters, LatAmList, La Jornada and Fintech Futures

Mexican exports to the US continue to grow

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Two trucks or semi-trailers drive down a highway, possibly carrying Mexican exports to the US
Mexico has exported goods worth over US $45 billion to the United States so far this year. (Shutterstock)

The value of Mexico’s exports to the United States increased 8.2% annually in July to reach a record high US $45.36 billion, according to U.S. data published on Thursday.

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis also reported that Mexico’s exports to the U.S. in the first seven months of the year were worth $309.75 billion, a 6.5% increase compared to the same period of 2024.

The increases in Mexico’s export revenue occurred despite the United States’ imposition of tariffs on a range of Mexican goods this year, including steel, aluminum and cars, as well as goods not covered by the USMCA free trade pact.

Still, the majority of Mexican goods enter the United States tariff-free thanks to the USMCA, which covers trade between Mexico, the United States and Canada. In July, 86% of Mexico’s revenue from exports sent to the U.S. was derived from tariff-free trade, the newspaper El Financiero reported.

The publication of the U.S. data comes a week after Mexico’s national statistics agency INEGI reported that Mexico’s total export revenue in the first seven months of 2025 was $369.43 billion, a 4.3% annual increase.

In 2024, Mexico’s revenue from exports shipped worldwide exceeded $600 billion for the first time ever. The country is on track to exceed that barrier for a second consecutive year in 2025.

Mexico remains the top exporter to the US 

Mexico’s exports to the United States in the first seven months of 2025 were worth 34.4% more than those of Canada, which ranked as the second biggest exporter to the U.S.

In the same period, Mexico’s exports were worth 59.7% more than those of China, which was the third largest exporter to the U.S.

Mexico sends a wide range of products to its northern neighbor including vehicles, auto parts, electronic goods, medical devices, fresh food and alcoholic beverages. More than 80% of Mexico’s exports go to the United States.

While the value of Mexico’s exports to the U.S. increased 6.5% between January and July, Canada’s revenue declined 4.4% while China’s fell 18.9%.

In the first seven months of 2025, Mexico had a 15% share of the United States’ total market for imports, ahead of Canada on 11.2% and China on 9.4%.

Mexico’s spending on US goods is also up

The U.S. data shows that Mexico spent $28.99 billion on U.S imports in July and $197.16 billion in the first seven months of the year.

The former figure represents a 1% annual increase while the latter represents a 1.1% year-over-year increase.

Mexico was the second largest importer of U.S. goods in the first seven months of the year, just behind Canada. Among Mexico’s imports from the U.S. are gasoline, natural gas, auto parts, vehicles and corn.

Ears of dried corn in a big pile
Corn, car parts and natural gas are a few of Mexico’s top imports. (Unsplash)

President Claudia Sheinbaum has said that Mexico is willing to look at ways it can increase its imports from the United States. Her government is seeking to reduce reliance on imports from Asian countries, especially China, as part of its Plan México industrial policy.

One of the reasons U.S. President Donald Trump has given for his decision to impose tariffs on imports from Mexico is that Mexico runs a significant trade surplus with its northern neighbor.

In the first seven months of 2025, Mexico’s surplus on trade with the U.S. was $112.59 billion, a 17.7% increase compared to the same period of last year. Trump would not be happy with that result.

Mexico and the United States are each other’s largest trade partner, and the economies of the two countries are highly-integrated.

With reports from El Economista and El Financiero

US seizes over 300 metric tons of meth precursor chemicals bound for Mexico

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Barrels of precursor chemicals in a warehouse
The head of the U.S. Immigration and Customs Enforcement (ICE) said the U.S. worked with foreign law enforcement to "consolidate" the seized shipments in Panama before bringing the chemicals to the United States, where they were stored at the Port of Houston. (USAO-DC)

Authorities in the United States said on Wednesday that they had seized “on the high seas” more than 300,000 kilograms of methamphetamine precursor chemicals. Officials said the chemicals were being shipped from China to Mexico, where they were destined for clandestine Sinaloa Cartel laboratories.

“This is the largest seizure of precursor chemicals used to manufacture methamphetamine in U.S. history,” said U.S. Attorney for the District of Columbia Jeanine Pirro.

A chemical barrel label reading N-methyl formamide
The U.S. confiscated 1,300 barrels of benzyl alcohol and N-methyl formamide in the seizure. (USAO-DC)

“China was sending over 700,000 pounds [317,500 kg] on the high seas to the Sinaloa Cartel before my office seized them. Because President Trump and Secretary [of State Marco] Rubio declared the Sinaloa Cartel a foreign terrorist organization, we can now strike faster and hit harder,” she said.

The chemicals — benzyl alcohol and N-methyl formamide — were shipped in 1,300 barrels, according to Pirro.

Speaking at a press conference held in a warehouse at the Port of Houston where the seized barrels were being stored, the U.S. attorney said that the chemicals were being transported in two different vessels “en route to the Sinaloa Cartel in Mexico.”

“From China to Mexico. The port of lading was Shanghai, China. The port of discharge — Mexico,” Pirro said.

The U.S. attorney didn’t disclose where “on the high seas” the precursor chemicals were seized. The seizure occurred in late August.

Pirro said that the chemicals would have been used to make 420,000 pounds (190,508 kilograms) of methamphetamine, “which would have a street value here in Houston of US $569 million.”

Todd Lyons, acting director of U.S. Immigration and Customs Enforcement (ICE), said that a number of U.S. law enforcement agencies were involved in the record seizure, including the Federal Bureau of Investigation, the Drug Enforcement Administration, Homeland Security Investigations (HSI) and ICE.

He said that the chemicals came from the same vendor in China. The announcement of the seizure came the same day that the U.S. Department of the Treasury’s Office of Foreign Assets Control said it had sanctioned Guangzhou Tengyue Chemical Co., “a chemical company operating in China that is involved in the manufacture and sale of synthetic opioids to Americans.”

Lyons said that after the chemicals were seized, HSI “worked closely with our foreign law enforcement partners to consolidate the shipments in Panama and divert them here to the Port of Houston.”

“Our agents in Panama, Guatemala and Mexico provided significant support to our Homeland Security Investigations team here in Houston throughout this whole investigation,” Lyons said.

U.S. Attorney Jeanine Pirro stands with barrels of precursor chemicals in a Houston warehouse
Jeanine Pirro, a federal prosecutor, desribed the bust as “the largest seizure of precursor chemicals used to manufacture methamphetamine in U.S. history.” (Jeanine Pirro)

He said that HSI used “significant analytical tools and techniques as well as our extensive investigative tools and our deep knowledge about cross-border trade to ensure that we identified these shipments before they got into any illicit hands.”

“This marks the first time a seizure warrant was issued for the material support of terrorism. … We were able to charge someone with material support of terrorism, and that’s the Sinaloa Cartel. The ability to obtain a warrant for this was only possible because of President Trump’s executive order … to designate major drug cartels as foreign terrorist organizations,” Lyons said.

The U.S. Attorney’s Office for the District of Columbia obtained the warrant.

The designation of the Sinaloa Cartel as a foreign terrorist organization “provided federal prosecutors in the District the authority to execute the seizure under the terrorism forfeiture provision,” Pirro’s office said in a statement.

‘China’s undeclared war against America’

Pirro said that “every day tonnes of chemicals that are used to create synthetic drugs like methamphetamine and fentanyl are shipped from China to Mexico in China’s undeclared war against America and her citizens.”

Drug cartels in Mexico ship large quantities of the locally-manufactured drugs to the United States, the world’s biggest market for narcotics.

Pirro said that “every day in funeral homes across this country, we see the tragic consequences of what has happened in this undeclared war.”

“… Before you leave I want to make sure that you look at those 1,300 barrels and I want you to have a visual of dead Americans instead of where those barrels are because that’s what would have happened,” she said to reporters.

The announcement of the record seizure of methamphetamine precursor chemicals coincided with a meeting between Secretary of State Rubio and President Claudia Sheinbaum in Mexico City. The Mexican and U.S. governments said in a joint statement on Wednesday that they are committed to working together “to dismantle transnational organized crime through enhanced cooperation.”

Rubio said that that the U.S. and Mexico are “amplifying” their security cooperation as the two countries seek to combat organized crime groups and the narcotics they traffic on both sides of the border and around the world. His visit to Mexico came a day after the the United States carried out a strike on a drug-carrying vessel from Venezuela that United States President Donald Trump said killed 11 “terrorists” that allegedly belonged to the Tren de Aragua criminal organization.

The Sinaloa Cartel is one of the most powerful criminal organizations in Mexico, but it has been weakened over the past year due to a bloody war between rival factions that escalated after the arrest of Ismael “El Mayo” Zambada in the United States in July 2024.

Last week, Zambada pleaded guilty to drug trafficking charges in a U.S. federal court in Brooklyn, New York, where he confessed to trafficking huge quantities of narcotics to the United States during a decades-long criminal career.

Mexico News Daily 

Xochimilco’s haunted Island of the Dolls steals the spotlight in Lady Gaga’s newest music video

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Lady Gaga dressed like a doll in Xochimilco's Island of the Dolls
Lady Gaga joined the haunted dolls of Xochimilco in her new music video, directed by Tim Burton. (Interscope Records)

So that’s what Tim Burton was doing in Xochimilco.

Lady Gaga released a new music video on Wednesday that was directed by Burton and filmed in the southern Mexico City borough of Xochimilco, where the singer and director were spotted earlier this year.

Lady Gaga - The Dead Dance (Official Music Video)

The video — “The Dead Dance” —  is linked to the singer’s role on Season 2 of the Netflix hit series “Wednesday.”

The song was introduced last week during a fan event for “Wednesday” led by Lady Gaga. The singer plays Rosaline Rotwood, a mysterious but legendary teacher at Nevermore Academy, the school that the title character, Wednesday Addams (of The Addams Family), attends.

The video was filmed on La Isla de las Muñecas (“The Island of the Dolls”), a chinampa within the Laguna de Teshuilo located in the canals of Xochimilco. A chinampa is an artificial island, or floating garden, originally used for intensive agriculture in ancient Mesoamerica, particularly by the Aztecs. Chinampas are still in use today.

The Island of the Dolls is notable for the multitude of dolls of various styles and colors that can be found throughout the chinampa. In 2022, Guinness World Records recognized the island as hosting the world’s largest collection of haunted dolls — approximately 4,000.

Lady Gaga’s video opens with the singer emerging from a wall alongside several haunting dolls, as if she were a doll coming to life.

Legend has it that a young girl drowned in the canal and her body was found among the water lilies alongside La Isla de las Muñecas. Owner Julián Santana believed the girl’s spirit haunted the island, so he began collecting dolls from the garbage and the canals. For the better part of 50 years (until his death in 2001), he arrayed the dolls on huts and hung them from ceilings and trees to ward off evil spirits in hopes of obtaining better harvests.

The island’s caretaker — Santana’s nephew Javier Romero Santa — claims unexplained cries can still be heard today. “At night, we tour the place … and we hear a young lady cry, or a moan,” he told the Australian Broadcasting Corporation in 2022.

Mexican digital newspaper SDP Noticias went so far as to speculate that Lady Gaga could be cursed as a result of touching some of the dolls — considered by some a lack of respect — during filming of the video.

Lady Gaga and Tim Burton
Gaga and Burton are also collaborating on the current season of the Netflix hit show Wednesday, directed by Burton. Lady Gaga appears as Rosaline Rotwood. (Netflix)

Tim Burton was in Mexico City in June to promote the opening of his exhibition “The Labyrinth,” at the Lienzo Charro Constituyentes in western Mexico City. He also visited the canals of Xochimilco, likely scouting “The Island of the Dolls” as a location for Lady Gaga’s video.

Whispers about the “The Dead Dance” video emerged in early July, according to Variety magazine, when outlets reported that she had been spotted filming something with Burton in Xochimilco.

Lady Gaga had previously been in Mexico in April when she performed two concerts at Mexico City’s Estadio GNP Seguros.

“Wednesday” has a strong Mexican connection through its lead actress, Jenna Ortega, who is of Mexican and Puerto Rican descent. The show also explores the fictional Gomez Addams’ Mexican heritage.

The Netflix series also features Mexican music in its soundtrack, such as “La Llorona” and “Un Mundo Raro” by the late beloved Mexican singer Chavela Vargas.

With reports from El País and The Wrap

Mexico introduces instant ‘Wellness Coffee,’ sourced from Oaxaca, Puebla, Veracruz and Guerrero

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Sheinbaum holds a jar of Mexican government Wellness Coffee
Wellness Coffee will be distributed through government stores starting in central Mexico, President Sheinbaum said at her Wednesday morning press conference. (María Luisa Albores/X)

Mexico’s Food for Well-Being program has introduced a new product to its inventory: “Wellness Coffee.” This product follows the recent launch of other “Wellness” foods like honey, chocolate, and beans.

In Mexico, where instant coffee is more popular than ground coffee, the new product is aimed at appealing to the majority of consumers.

Jars of instant Wellness Coffee
The government chose an instant coffee presentation, saying the vast majority of Mexican families prefer instant over ground or whole bean coffee. (Presidencia)

“I would like to explain to you why we’re launching instant coffee: because 84% of Mexican families prefer instant coffee,” said María Luisa Albores González, head of the government program Food for Well-Being, during President Claudia Sheinbaum’s Wednesday morning press conference.

Albores said that the coffee will be available in three presentations: a 50-gram jar priced at 35 pesos (US $1.86), a 90-gram jar for 65 pesos (US $3.46) and a 205-gram jar will be priced at 110 pesos (US $5.86).

Although the Mexican standard allows instant coffee to contain up to 30% non-coffee ingredients, the Wellness Coffee is a “pure product,” Albores noted.

“It [the product] has no additives or colorings, no artificial flavors, and its only ingredient is coffee,” she said, adding that the blend is predominantly Arabica and parchment coffee, with a small proportion of Robusta.

Albores explained that the beans are harvested using agroforestry systems that benefit both the environment and the local economy.

This initiative required an investment of 59.4 million pesos (US $3 million) to purchase 913.56 tons of coffee, primarily sourced from producers who are members of the government’s Sembrando Vida (Sowing Life) program. According to Albores, the coffee is purchased at a fair price from over 6,600 small producers in Oaxaca, Puebla, Veracruz, and Guerrero, with 50% of these producers located in the region known as the Guerrero Mountains.

She further added that six of every 10 producers are women.

“It’s very meaningful for us to know that we’re working with Indigenous peoples, with Mixes, Mixtecs, Nahuas and Otomis,” Albores stated.

Like other products in the Food for Well-Being program, the Wellness Coffee will be marketed nationwide through the Wellness Stores network, with a distribution occurring in stages. The product will first arrive in central Mexico, including Mexico City, México state, Michoacán, Morelos, Puebla and Tlaxcala before rolling out in the rest of the country.

Mexico News Daily

What’s on in Oaxaca in September

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Catch an exhibition, a concert or even celebrate independence this month. (Unsplash / Ryan Doyle)

September is one of the quietest months in Oaxaca, which can make it the perfect time to visit the city and surrounding villages. Although the fiestas aren’t in full flow, it is a calmer time to come and experience the wealth of attractions, crafts and cuisine the city has to offer. There are often afternoon rains, and temperatures are cooler in the evening, so it’s a good idea to pack some layers.

Del Agave al Altruismo

Del Agave al Altruismo
(Instagram)

Meant to raise awareness and funds for animals in need, this event is hosted by the charity Furry Tails of Oaxaca. The organisation works with local communities to improve the well-being of cats and dogs by reducing the population of street animals and by providing them with access to health services and forever homes through fundraising, education and community outreach. Included is an opportunity to meet the team managing the charity, plus a raffle, snacks and cocktails.

Date: Sept. 4, 5-10 p.m.

Location: In Situ Bodega, Reforma 306, Oaxaca, Centro, 68000 

Cost: Free

Somos Oaxaca

Somos Oaxaca photo
(Facebook)

Inauguration of “Somos Oaxaca,” a series of photographs by Terry MacCormack taken between 1972 and 1977. MacCormack is a photographer and painter from British Columbia, Canada. He has exhibited his photography in Mexico, Canada and Wales, and focuses on whatever catches his eye, from the play of light and shadow to street scenes, people, landscapes and abstractions. Much of his work is thematic, and he prefers to work on projects of 20 or more images that document his interests.

Date: Sept. 12, 7 p.m.

Location: Biblioteca Henestrosa, Calle Porfirio Díaz, esq Morelos 115

Cost: Free

Anniversary of Niños Héroes

Ninos Heroes statue
(Wikimedia Commons/YoelResidente)

The Niños Héroes (Boy Heroes) were six military cadets killed in the Battle of Chapultepec, one of the last battles of the U.S.-Mexico War in 1847. This anniversary is celebrated as a national holiday in Mexico, honoring their sacrifice. 

Date: Sept. 13

Location: Throughout the city, with ceremonies in schools and government buildings

Cost: Free

Independence Day

Miguel Hidalgo
(Wikimedia Commons/Joaquín Ramírez – Mediateca INAH)

The most significant event happening this month is Mexico’s Independence Day, celebrated nationwide on Sept. 16. This day commemorates the moment when Miguel Hidalgo, a priest and leader, called for Mexico’s liberation from Spain in September of 1810. It was the precipitating act that ultimately led to freedom from Spanish rule in 1821. In Oaxaca, people gather in the main square to hear the traditional “Grito,”  followed by festivities throughout the city. 

Dates: September 15-16

Where: Zocalo

Cost: Free

Character creation and development workshop 

Writing workshop
(Instagram)

If you enjoy literature, theater, film and illustration, and want to learn how to give your characters greater personality, this workshop is for you. Writers learn narrative theory and tools to discover who their character is based on a fictional situation. Learn the fundamentals of character creation and development while harnessing creativity.

Date: Sept. 20, 2 p.m.-5 p.m.

Location: Casa Bestia, Díaz Quintas 111, Ruta Independencia

Cost: 2,000 pesos

Tito Double P. – ‘Ay Mama’ Tour

Tito Double P.
(Eticket)

Jesús Roberto Laija García, known professionally as Tito Double P, is a Mexican rapper, singer and songwriter. The cousin of fellow musician Peso Pluma, in 2021, he began posting videos of himself singing corridos on social media. Then, in August 2024, he released his debut studio album “Incómodo,” which debuted at number 20 on the U.S. Billboard 200. He’ll be performing at the outdoor stadium overlooking Oaxaca City.

Date: Sep. 24, 7 p.m.

Location: Auditorio Guelaguetza, Oaxaca, Mexico

Cost: Tickets start at 355 pesos 

Kikaw Kik installation in celebration of Mexican National Cacao Day

Cacao illustration
(Wikimedia Commons/Bernecker, A.)

“Long live cacao!” This exhibition from Oaxacan artist Miguel Sánchez shares a personal reflection on the new world of cacao and chocolate, from the historical to the social. Supported by Flor Heras.

Date: Sept. 25, 7.30 p.m.

Location: MACCO, C. Macedonio Alcalá 202

Cost: Free

Jorge Medina and Josi Cuen – “Juntos”

Jorge Medina and Josi Cuen
(SuperBoletos)

Both artists have launched successful solo careers. Medina is a Mexican singer and songwriter known for his two-decade tenure as the lead vocalist of La Arrolladora Banda el Limón. Born in Sinaloa in 1974, Medina began his career singing with various groups before joining La Arrolladora in 1996. After leaving the band in 2017, he launched a successful solo career, releasing his own music and touring globally. Cuen is known for his brand of regional Mexican music, with its distinctive fusion of traditional and contemporary styles.

Date: Sept. 27, 7 p.m.

Location: Auditorio Guelaguetza, Oaxaca, Mexico

Cost: Tickets start at 920 pesos

Indigo Festival in Niltepec

Indigo Festival in Oaxaca
(Facebook)

Niltepec is a small town in the Tehuantepec region of Oaxaca state, about a 5-hour drive from the city. It is best known for the production of the natural blue dye, indigo, which is used in painting and textiles in Oaxacan art and artisanal crafts. This festival is an opportunity to see the process of making this dye, from the plant to final use, as well as to buy the materials and artworks.

Date: Sept. 27-28

Location: Niltepec

Cost: Free

Anna Bruce is an award-winning British photojournalist based in Oaxaca, Mexico. Just some of the media outlets she has worked with include Vice, The Financial Times, Time Out, Huffington Post, The Times of London, the BBC and Sony TV. Find out more about her work at her website or visit her on social media on Instagram or on Facebook.