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Tunisia seeks to build “Silicon Valley” by 2020

A new Tunisian act that paves the way for entrepreneurs to establish startups but fears of losing ambitious plans in bureaucratic paths arouse. A large fringe of Tunisian entrepreneurs and young people are waiting for parliament next week to approve the draft law on establishing start-up companies, on which the ...

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IMF releases additional $257 million for Tunisia

The International Monetary Fund on Friday approved payment of a $257 million tranche of Tunisia’s loan programme, the country’s central bank said. The IMF board approved the second review of the country’s economic performance under the financial aid package that was initially approved in May 2016. With the latest instalment ...

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Energy transition in Tunisia is key aim of AEE Tunisia Chapter

President of the Association of Energy Engineers (AEE) Tunisia Chapter Ayoub Baba said the Association is striving to achieve the aims for which the association was founded which mainly consists in the transition of Tunisia’s energy sector and the training of Tunisian engineers so as to be up-to-date in the ...

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Reforms of public companies must reach accord soon says Tunisian Premier

Prime Minister Youssef Chahed said on Friday that ailing public companies needed to be restructured quickly, as Tunisia is trying to overcome an economic crisis and a budget deficit. “I will not accept to maintain my post to be a false witness and to postpone reforms”, Prime Minister Youssef Chahed ...

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EU launches new programme to support Tunisian start-ups worth 75 MD

European Commissioner for Neighbourhood Policy and Enlargement Negotiations Johannes Hahn announced, Wednesday in Tunis, the launch of a new European programme to support Tunisian Start-ups, with a value of €25 million (about 75 million dinars- MD). This programme will mobilise funding for the launch of 1,000 new innovative businesses, besides ...

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Tunisia to host Islamic Development Bank annual meeting

The Islamic Development Bank Group’s (IDB) 43rd annual meeting will be held in the first week of April ( April 1 – 5),  in the Tunisian capital, Tunis, meeting’s website announced Wednesday. The meeting will be attended by nearly 2,000 participants from around the world. “The meeting offers an ideal ...

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Tunisia drowns in negative international rating

“Moody’s experts believe that longer-term uncertainty may have increased and ruled out a solution to the rapidly accumulating economic crises within months, putting risks on the pillars of Tunisia’s growth which is already a fragile economy.” Tunisia needs an urgent miracle to emerge from the international downgrade of its economy, ...

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UTICA in Full Gear with its New President

The newly-elected president of UTICA – Tunisian Confederation of Industry, Trade and Handicrafts, has been sending shockwaves across the political and economic circles of the country. His frequent presence on TV and radio programs in recent days provided him with unprecedented public exposure to reiterate what he –and many others- ...

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Tunisia’s revenues from date up 22% by March 15 for 2017-2018 season

The  revenues from date exportsin Tunisia reached TND 402.4 million ($168 million) on March 15, 2018, for the 2017-18 season,  according to minister of agriculture, water resources, and fishery. This achivement represents an increase by 22.2% compared to the revenues in the same period during the previous season. The country ...

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Returning to Tunisia: What clients can expect

With Tunisia back on sale for the British market this spring, Riadh Saidani, a Thomas Cook rep at Les Orangers Beach hotel in Hammamet, tells Sophie Griffiths what tourists can look forward to when they visit. Riadh Saidani, a Thomas Cook rep in Hammamet, outlines what tourists can look forward to when ...

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