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Tunisie Telecom and Huawei to Build Fastest LTE Network in Tunisia with 4T4R

Tunisie Telecom is dedicated to providing the country’s fastest data rate and best user experience. Thanks to their efforts, the number of LTE subscribers in Tunisia continues to increase, and with the dataflow of usage (DOU) per user having reached 4GB, traffic volume is also expected to increase by 370% ...

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World Bank announces USD 140 mn project to support irrigation in Tunisia

The project will also provide assistance for identifying higher value crops and increasing yields, and linking farmers to markets. The World Bank announced today a USD 140 million project to support the Tunisian government’s focus on irrigated agriculture as a means of managing scarce water resources while creating economic opportunities, ...

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Mövenpick to open coastal hotel in Tunisia

Mövenpick Hotels & Resorts is set to cement its stronghold in Tunisia with the take over of a contemporary hotel in the coastal city of Sfax. The Swiss hospitality firm has signed an agreement with Société Touristique du Sud to manage the Plaza Sfax & Spa Hotel, an upscale property ...

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Tunisia: Olive oil export to generate $785 million in 2017/2018

Tunisian government expects to collect TND2 billion ($ 785 million) from olive oil export for the 2017-18 season, Samir Taieb (photo) the agriculture minister announced last May 24. This forecast is owing to good prospects for both production system and export segment. Indeed, while the country’s output is set to ...

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Twenty measures Tunisia Startup Act aims to promote

Tunisia’s news startup act — passed earlier last month — could propel the north African country to become the region’s next entrepreneurial hotspot. Here’s why. The act (the Tunisia Startup Act) includes 20 measures that aim to encourage entrepreneurship, make it easier to start and end a business, as well as easier to access ...

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Developing financial institutions for more inclusiveness in the MENA region

In its study entitled “Financial Development and Inclusion in Egypt, Jordan, Morocco and Tunisia”, the Euro-Mediterranean Network for Economic Studies (EMNES) analyses a financial system that is frequently under-developed and fails to provide sufficient lending to SMEs and households. “Financial institutions and markets need to be well developed in order ...

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Fitch affirms Tunisia’s long-term foreign-currency IDR at ‘B+’, revises outlook to negative

Fitch Ratings, on Sunday, said it has revised the Outlook on Tunisia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative from stable and affirmed the IDR at ‘B+’. Fitch ratings said “Tunisia’s rating is weighed down by high and growing public and external debt, reflecting wide twin deficits, subdued economic ...

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Central Bank of Tunisia : Time to use borrowing from international market

The Central Bank of Tunisia  said on Monday that it is time to issue bonds worth $1 billion to finance the budget and balance of payments deficits. The bond issue had been previously announced and was originally expected in March. The Board considered that the economic situation requires this exit ...

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Tunisia date revenues edge up 31%

Tunisian date revenues reached 235 million U.S. dollars in the current date season from October 2017 to May 24, 2018, up 31 % compared to the same period of last season. Tunisian Ministry of Agriculture and Fisheries said on Friday that Tunisian dates have been exported to 80 countries. Tunisia ...

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Tunisian olive oil wins four medals at Evo-IOOC

The Tunisian olive oil has been once again distinguished at the international scale by wining 4 medals (1 gold and 3 silver). This distinction took place during the 3rd Extra Virgin Olive-International Olive Oil Contest “Evo-IOOC” held on May 14-19 in Capaccio Paestum (Italy). The gold medal was won by ...

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