Logis launches taking Tunisian real estate online

Online real estate portal Logis has launched in Tunisia, aiming to simplify the process of buying, renting or selling a property, and empowering consumers with real estate data. Logis launched last month (January), claiming to be the first unified portal in Tunisia to offer listings from real estate agents, landlords, and property developers all in one place. The startups aims to provide an all-in-one real estate site that gives consumers the local scoop about homes for sale, apartments for rent, local real estate agents, real estate market prices and trends,…

Tunisia waives visas for Chinese visitors to boost tourism

Tunisian officials said Thursday that the visa exemption for Chinese would boost the tourism industry badly hit by terrorist attacks during last two years in this North African country. “From today, the tourists of Chinese nationality will not need a visa to enter Tunisian territory, in the conditions of having a round-trip flight ticket and a valid hotel reservation voucher within 90 days,” said Chafik Hajji, general director of consular affairs in the Ministry of Foreign Affairs. “This is good news for Tunisian tourism, which has succeeded in attracting the…

Tunisia: slight increase in industrial sector exports

Exports from the industrial sector rose from 24,544.5 million Tunisian dinars(MTD) in 2015 to 26,396.8 MTD in 2016, posting an increase of 7.5%. This increase is mainly due to the sector of the mechanical and electrical industries whose exports reached 13,251.0 MTD, against 11,450.7 MTD in the year 2015, UP 15.7%. Similarly, exports from the chemical industry sector grew by 18.3% from 1,876.3 MTD to 2,218.8 MTD in year 2016. The sector of miscellaneous industries followed suit with exports of the order 1,876.2 MD against 1,650.5 MD during the year…

Tunisian gov’t to start regularising situation of Petrofac sit-inners

The Tunisian Government will start regularising the situation of sit-inners in Kerkennah as activity in Petrofac has been halted since last December 14 and expects Chargui gas field will resume activity in the coming days, Minister of Energy, Mining and Renewable Energy Hela Cheikhrouhou and Sfax Governor Slim Tissaoui said. A first batch of work contracts will be given to 68 people out of a total of 266 under the agreement signed with the British oilfield services company in September 2016, they told a news conference Tuesday following a working…

Arab Chamber reaffirms partnership with ambassadors

Delegates from the Chamber, now under a new administration, convened with Arab diplomats in Brasília and pledged to work on increasing promotion of Arab goods on the Brazilian market. São Paulo – The Arab Brazilian Chamber of Commerce reaffirmed its partnership with the Council of Arab Ambassadors in Brazil this Tuesday (14) in Brasília. It was the diplomats’ first meeting with the Chamber’s new administration, including business executive Rubens Hannun as president. One of the issues on the agenda was the need to increase promotion and exports of Arab products…

About twenty Tunisian economic operators prospecting in Cameroon

Since this past 8 February, a delegation of about twenty Tunisian economic operators has been visiting Cameroon, as part of the multi-sector business mission, the Chamber of Commerce, Industry, Mining and Arts of Cameroon (CCIMA) announced. The mission ended on 13 February 2017, we learned. Organised by the Tunisian Ambassador in Cameroon, with the support from some Tunisian consular Chambers, this mission consisted in meetings between Tunisian and Cameroon economic operators. These meetings took place in Douala, the economic capital of the country, as well as Yaoundé, the political capital.…

Tunisia: BCT’s intervention on money market reaches record high in December

After a slight easing in October 2016, bank liquidity pressures reemerged, the Central Bank of Tunisia (BCT) announced on Monday. These pressures are bearing the mark of restrictive effects stemming in particular from the persistence of a large current account deficit, the significant increase in banknotes and coins in circulation, and a greater reliance by the Treasury on domestic resources to fill the lack of external resources, it added. The BCT reports that monetary policy operations reached their highest level in December 2016 with an average of 7.476 billion dinars…

EBRD discussing co-investments with Gulf sovereign funds

The European Bank for Reconstruction and Development is in talks with Gulf sovereign wealth funds to invest jointly, and hopes to complete a round of fund-raising for such investments by the end of this year, the bank’s president said on Monday. The multilateral bank, owned by 65 countries, aids economies by lending to companies and projects and taking equity stakes in them. In recent years it has expanded its activities beyond eastern Europe and after the Arab uprisings of 2011, began operating in Egypt, Jordan, Morocco and Tunisia. Suma Chakrabarti…

Turkish Airlines to launch Antalya-Algeria flights

Turkish Airlines, the national carrier, is set to launch flights between Antalya and Algeria in July, offering passengers further connectivity across its destination network. The thrice-weekly routes will be served by a Boeing 737-800 aircraft, starting on July 8. Flights will be operated only in high seasons. Trade Arabia Share+1TweetShare0 Shares

Tunisia endorses UPU e-commerce project

The Universal Postal Union (UPU) and the Tunisian government have unveiled plans to establish a regional e-commerce hub for North Africa. Announcing the start of the project during a January meeting with UPU Director General Bishar A. Hussein, Tunisia’s Minister for Communications Technology and Digital Economy Mohamed Anouar Maârouf said Tunisia had all the assets needed to establish the hub. “The project is part of a national strategy for the facilitation of administrative procedures for SMEs, especially those having export activities,” said Maârouf. In a statement issued on Wednesday (8 February),…