Elmed interconnector aims to bring solar power from the Sahara to Europe

Italy and Tunisia have taken the first step to making this dream come true, as they signed an intergovernmental agreement for the development and joint construction of a 600-megawatt (MW) electricity link, DW reported in an article published on its website. On April 30, the governments of Italy and Tunisia signed a deal to lay an underwater power cable between Partanna, Sicily and El Haouaria, Tunisia, aiming to integrate the EU’s electricity grid with that of North Africa. A long time in the works, Italian transmission company Terna and Tunisian…

Tunisia to take part in PLMA’s annual “World of Private Label” International Trade Show

Tunisia will participate for the fourth consecutive time in the PLMA’s annual “World of Private Label” International Trade Show, due on May 21-22 at the Exhibition Centre RAI in Amsterdam, Netherlands. 6 companies operating in the agro-food industry: olive oil, canned tuna, canned vegetables, dry tomatoes, dates, Aloe Vera juice, several spirulina-based products and energy drinks will represent Tunisia in this event. Tunisia’s presence in this exhibition will provide an opportunity for seeking clients and the exploration of new export opportunities. The PLMA international professional fair has been for 30…

UP 1.1% of GDP in Q1 of 2019 (INS)

The real gross domestic product (GDP) went up 1.1% in the first quarter (Q1) of 2019, compared with the same period in 2018, and 0.1% compared to the Q4 of 2018, according to the National Institute of Statistics (INS).The added-value of manufacturing industries fell 0.6% during the Q1 of 2019, compared with the same period in 2018, following the 9.6% drop in the production of the agricultural and agro-food industries sectors due to the decline in olive oil production.  The added value of the sectors of textile/clothing and leather/footwear and…

Tunisia, U.S. sign deal on tax compliance

Tunisia and the United States signed on Monday an agreement to improve international tax compliance and mutual cooperation in the field of taxation, TAP reported. The agreement was signed by Minister of Finance Ridha Chalghoum and U.S. Ambassador to Tunisia Donald Blome in Tunis. The agreement focuses on the application of the Foreign Account Tax Compliance Act (FATCA), which regulates reciprocity in information exchange and ensuring its transparency. The Tunisian minister said the agreement aims at consolidating the international transparency to combat tax evasion and closely watch money transfers. TunisianMonitorOnline

Tunisia Telecommunications Market 2019-Trends, Outlook and Future Growth

The Tunisia Telecommunications Market report – 8th series provides a complete view of the Tunisia telecom ecosystem along with trends and growth factors shaping the future of the market, Market Talk News revealed. With Long Term Evolution (LTE) rapid expansion and a slowdown in 2G and 3G services, the Tunisia telecom market is evolving rapidly. Embracing mobile connectivity, IoT, cloud services and smartphones has become vital for telecom companies. Operators across the value chain are forced to adapt to these emerging market changes to sustain revenue and profit, the same…

33 Tunisian companies obtain Startup label

Some 33 Tunisian companies obtained, on Friday, the Startup label which will allow them to benefit from several incentives to develop their activities.Minister of Communication Technologies and Digital Economy Mohamed Anouar Maarouf, who presented these labels, stressed that his department is working to create the investment fund in addition to supporting Startups in 2019. The objective of these labels is to create 1, 000 Startups and 10 thousand opportunities of jobs over the next five years. This label is awarded to innovative projects with an extended capacity operating in all…

FAO-GIZ: Cooperation agreement for solar energy projects in Tunisia

A cooperation agreement to implement projects related to the use of solar energy in agriculture in Tunisia was concluded on Thursday between the United Nations Food and Agriculture Organisation (FAO) and the German International Cooperation Agency (GIZ). The agreement, which aims to strengthen coordination and cooperation between the two institutions, was signed by FAO Representative in Tunisia Philippe Ankers and GIZ Resident Director for Tunisia Matthias Giegerich, according to a statement issued on Friday by FAO. The main objective is to use the potential of solar energy for irrigation, while…

New flight route to Enfidha from Bristol Airport for summer 2020 (TUI)

TUI has announced a new route from Bristol Airport, as well as additional flights to an existing location for next year’s programme. From May next year, holiday makers will be able to fly direct to Enfidha in Tunisia, TUI said. The first TUI flight from Bristol to Enfidha will depart on May 4 and will operate once a week on a Monday. In total there will be more than 17,000 additional seats to choose from to over 35 destinations when booking a summer holiday from Bristol Airport, the same source…

Growth to slightly jump 2.7% in Tunisia in 2019, EBRD says

(TAP) – The European Bank for Reconstruction and Development (EBRD) said on Wednesday that growth is expected to increase slightly in Tunisia in 2019 to reach 2.7%, due to delays in the implementation of structural reforms, mainly caused by political instability before the elections in the third quarter of 2019, In its latest economic forecasts for the southern and eastern Mediterranean region for the years 2019-2020, the EBRD forecasts the restoration of foreign investor confidence in the reform momentum in Tunisia after the presidential and legislative elections in 2020, which…

Construction begins on Tunisia’s tender utility-scale PV project

The 10 MW project in the Tatouine governorate was selected in the 70 MW solar tender which the Tunisian government issued in May 2017. The plant is being built by Italian oil company Eni and Tunisian oil provider ETAP, pv-magazine reports. A consortium formed by Eni International, a unit of Italian oil group Eni, and the Tunisian state-owned oil company Enterprise Tunisienne d’Activités Pétrolières (ETAP) has begun work on a 10 MW solar power plant at a location in the Tatouine governorate, which is Tunisia’s southernmost region. “The plant, equipped…