Olive Oil Production Up More Than 25 Percent, Consumption Edges Higher

Provisional data analyzed by the International Olive Council (IOC) forecasts a 28 percent increase of olive oil production this year compared with last. Global production reached 3,315,000 tons in the 2017/2018 crop year, although the data is only provisional.– International Olive Council The data, which was provided by both member and non-member countries, indicate the global production will reach 3,315,000 tons for the 2017/18 crop year, an increase of 723,500 tons compared with last year. Tunisia experienced the largest increase, producing 280,000 tons, which was a 180-percent increase compared with last year.…

Digital banking, decashing, mobile payment and open banking theme of Seminar in UTICA

A seminar on “the development of digital banking and payment means,” was organised Tuesday at the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) headquarters. The gathering focused on the development of urgent proposals to encourage digital banking transactions, with a view to their integration into the 2019 finance law. It also aims to provide a platform for exchange between the various economic players involved in payment means and electronic exchange, to discuss and agree on the actions to be taken as regards decashing, mobile payment and open banking. President…