Agreement inked between STEG and ITFC to fund natural gas import

The Tunisian Electricity and Gas Company (STEG) and the International Islamic Trade Finance Corporation (ITFC) inked a financial deal worth US $154 million. Under the financing agreement, the Saudi-based ITFC and Tunisian firm will be funding natural gas imports. STEG general manager Moncef Harrabi penned the pact in Tunis with CEO of ITFC Hani Salem Sonbol. The CEO stated: “ITFC endeavours to further boost its relationship with Tunisia by means of providing trade integrated solutions to support its strategic sectors.” In turn, CEO of ITFC Hani Salem Sonbol said that…

Government, UGTT agree wage hike for civil servants

The Tunisian General Labour Union (UGTT) Administrative Committee agreed Thursday with the government on all the proposals agreed regarding civil service wage increases, TAP reports. Earlier, UGTT Secretary-General Nourredine Taboubi said, as the Administrative Committe works got underway, an agreement would be signed Thursday at 5 pm in Kasbah if proposals are endorsed, the same source said. The labour union “will seek to get a specific wage hike for public sector doctors, university professors and public sector engineers at a new round of negotiations with the government, so as to…