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Economist: Tunisia losses $ 800 million per year due to Libya crises

Jhinaoui emphasised that Libyans, not foreign powers, should be the ones to decide how the country moves forward. World Bank economist in the Sustainable Development Department, Abdullah Sy, said Tunisia is losing an estimated 800 million dollars a year as a result of the Libyan crisis and poor investment between ...

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Tunisia to borrow $85 million for Digital Tunisia 2020 project

The Tunisian parliament has approved an agreement with the African Development Bank (AfDB) worth €71.56 million ($85.1 million) on a loan to fund the Digital Tunisia 2020 project. The vote on the loan agreement was made during a plenary session of the parliament followed by Anadolu. The loan agreement received the ...

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Tunisia is officially 20th member of COMESA

Tunisia officially became Wednesday, the 20th member of the Common Market for Eastern and Southern Africa (COMESA), at the Summit of Heads of State and Government of the member countries, held in Lusaka, capital of Zambia. Minister of Foreign Affairs Khemaies Jhinaoui ratified in his capacity as representative of President ...

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Morocco among the Most Innovative Countries of the MENA Region

Morocco’s recent efforts at modernization and digitized economy have not gone unnoticed in international circles, with a new study ranking the North African nation among the countries leading technological advances and innovation-driven development in the MENA region. Despite some structural setbacks, especially regarding institutional hurdles sustained by a political culture still–to a considerable degree–unwelcoming ...

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 Export value of olive oil reaches 168.31% by late June 2018

As of 1 September 2017 to 30 June 2018, the value of olive oil exports increased by 168.31% compared to the same period last year, reaching 1.685 million dinars (MD) said the Ministry of Agriculture, Water Resources and Fisheries, Friday in a statement. Exports of olive oil also rose by ...

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Eight financial and development institutions will give Tunisia 5.5 billion Euros (Hahn)

The eight financial and development institutions will give Tunisia 5. 5 billion Euros, including 2.5 billion Euros scheduled for the year 2018/2019 to be granted in the form of donations and loans, said Thursday, Commissioner for European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn. Speaking at a press conference, the ...

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Tunisia tourism revenues jump as Europeans return

Tunisia’s tourism revenues grew by 40 percent in the first half of 2018 compared to the same period last year, the government said Thursday, driven by a strong return of European tourists three years after they were targeted in militant attacks. Officials predict a record season with eight million tourists ...

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“Tunisia is on right track, courage is needed to accomplish reforms” (IMF Mission Chief)

(TAP) – “Tunisia is currently halfway, courage is needed to accomplish the reforms and succeed in boosting growth,” said Bjoern Rother International Monetary Fund (IMF) mission chief for Tunisia, adding that the country “is on the right track”. Speaking at a press conference held Wednesday at the headquarters of the ...

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Tunisia: Vodafone and Tunisie Telecom Announce Partnership Agreement

Vodafone and Tunisie Telecom jointly announced on Wednesday a new Partner Market agreement for Tunisia. This will be Vodafone’s first such partnership in North Africa. Under the non-equity agreement, which has come into force since July 10, Vodafone will provide strategic and operational support in a range of areas, including ...

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Tunisia: Chinese project to produce train cars, locomotives

Chinese company Batou, specialized in assembling train cars and locomotives, intends to set up a production unit in Tunisia, which will be used to export products in Africa, its representative in Tunisia, Habib Laouini, told a press conference. The press conference was organized to mark the arrival of 60 train ...

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