Day: August 6, 2018

Tunisia Inching Its Way Out of Economic Crisis

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A sort of cold war involving a series of complex issues has been going on the last few weeks in Tunisia between the presidency of the republic and the presidency of the government regarding preparations for the 2019 general elections. The winner emerging from that shadowy conflict is Tunisia’s economic diplomacy, the only quiet force in the country, Middle East Online reported. There are signs Tunisia is inching its way out of its economic crisis and Tunisians have their country’s economic diplomacy to thank for that. Everything that could be…

Can Tunisia revive its tourist industry?

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Seven years after its revolution, the country is luring visitors back with desert settlements and a diverse history In the cool interior of his troglodyte cave, Ali Diglish is speaking at full tilt. The 26-year-old guide from Chenini barely draws breath. Like much of the country these days, this Berber village in southern Tunisia doesn’t get many visitors, so Diglish is seizing his chance. “Before the revolution we had 500 or 1,000 tourists coming each day,” Diglish says. “Now only 20 people come here. There used to be 12 local…

Dubai’s Sokotra Capital Acquires Tunisian Fish Farm L’Aquaculture Tunisienne

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Dubai investment firm Sokotra Capital has led a consortium of buyers to acquire the Tunisian fish farm operator L’Aquaculture Tunisienne for an undisclosed amount. Serving both the local and export market, L’Aquaculture Tunisienne is the largest seabass and seabream hatchery and nursery in North Africa, with a current annual production capacity of 20 million fingerlings and 1,500 tons of fish per year, the companies said in a statement. The firm was founded in 1988 by Si M’hamed Driss, and is based in Sousse.  Now backed by new owners, L’Aquaculture Tunisienne has…