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

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 ...

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Tunisia: phosphate production increases by 10 thousand tons Q2 2018

Phosphate production hasincreased by ten thousand tons in the second quarter of 2018, compared to the same period of 2017, said Hachem Hmidi, Secretary of State for the Minister of Energy, responsible for Mines. This production should reach 4.5 million tons by the end of 2018, he estimated, predicting that ...

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Alternative tourism in Tunisia, Off the beaten tourist track

Demand for the classic Tunisian beach package holiday has slumped as a result of unrest in the wake of the Arab Spring and direct attacks on foreign tourists in recent years. Nevertheless, a small but growing number of local entrepreneurs are pursuing alternatives to the all-inclusive cheap deal, offering experiences ...

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THOMAS COOK: HEATWAVE HITS PROFITS AS UK HOLIDAYMAKERS STAY AT HOME

The heatwave has hit profits at Thomas Cook. In its third-quarter trading statement, the giant tour operator said that gross profits had slipped by 3 per cent for the three months from April to June. “We expect full-year profits to be at the lower end of market expectations, said the ...

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Tunisia foreign investments up 17.7 pct in H1

Foreign investments in Tunisia jumped by 17.7 % in the first half of this year, Tunisian Minister of Investment and International Cooperation Zied Laadhari said on Tuesday. “The government is currently promoting investment potentials in different regions of the country,” said Laadhari. “Nowadays, it will be necessary to achieve equal ...

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Export receipts of Tunisian dates reach record of over 700 MD

The Tunisian dates export revenues reached a record of over 700 Million Dinars (MD) announced, Tuesday, the Ministry of Agriculture, Water Resources and Fisheries. For the current season (October 1, 2017-July 27, 2018), the date export receipts edged up 32.6% in value to reach 700,832 MD against 528,263 MD, during ...

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Tunisian economy continues to struggle

More than any time in the country’s past, Tunisia must now engage in reforms to ease the financial and economic strains affecting its trade and balance of payments, according to the governor of the Central Bank of Tunisia, Marouane el-Abassi. The International Monetary Fund (IMF) this month approved the fourth tranche of its $2.8 billion loan ...

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Tunisian Producers See Promise in Olive Oil Tourism

Tunisian producers are exploring how olives, one of the country’s biggest natural resources, can potentially lure a new kind of tourist. Tunisia has long been a tourist destination for mostly sun-seeking Europeans. But as alternative models for tourism are explored, there’s a new interest in developing opportunities for visitors to ...

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Miss.Africa announces winners of seed funding

DotConnectAfrica (DCA) has announced the winners of its 2018 Miss. Africa Digital Seed Funding for STEM programmes, awarding cash grants to initiatives in Ghana, Tunisia and Seychelles. The Miss.Africa Digital Programme is a gender-focused initiative targeted mainly at female youth audiences in Africa to increase their personal involvement in early technology use ...

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Launch Ceremony of Tunisia Drone Project financed by KOAFEC Trust Fund

Tunisia’s UAV pilot project for better management of agricultural sector projects   The Launching Ceremony of the Pilot Project on the Use of Drones in Agricultural Development Projects will be attended by Tunisia’s Minister of Development and International Cooperation and Minister of Agriculture, Water Resources and Fisheries. The Ambassador of the ...

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