Mehrez Boussayene (B&K associés) “Tunisia has some huge assets to attract foreign investment into the country”

Founded in 2002 , Boussayene Knani & Associés is one of the leading corporate law firms in Tunsia. With experience as former judges, corporate executives or professors, the firm’s partners have all aspects of law covered. Leaders League spoke to founding-partner Mehrez Boussayene. Leaders League: What place does arbitration have in your practice? Mehrez Boussayene. Arbitration has been one of the most importantsectors in our firm for around twentyyears. Our lawyers act as both arbitrators and as arbitration counsel. We have handled numerous international cases before the ICC as well as…

Tunisia expects chances from China to boost employment

Tunisia sees significant potential for cooperation with China to ease the alarming unemployment in the North African country, a Tunisia senior official said in a recent interview with Xinhua. Tunisia will learn from China to boost employment, especially for the young people, Faouzi Abderrahmane, the minister of Vocational Training and Employment, told Xinhua. According to Faouzi, the Tunisian unemployment rate has reached as high as 15.3 percent, an equivalent of 628,000. “The cooperation between Tunisia and China could obviously develop in the fields of entrepreneurship, sciences, technology and trade,” the…

Tunisia will have big and profitable place in international market, it is matter of time says Marcelo Scofano

Marcelo Scofano, from Rio de Janeiro, Brazil, Expert in Olive Oil and organiser from the Brazilian International competition was the guest of the Olive Tree Festival held in the city of Sfax (Tunisia) in its 2nd edition (January 26- 30, 2018) on the theme: “Olive tree, light and roots,” In an exclusive interview with TunisianMonitorOnline, Marcelo Scofano said that during the meeting at Cepex Tunísia, the talks turned on ways to establish commercial bridges between Tunisia and Brazil. The steps will be implemented by the visit of a small group…

“Dinar devaluation is slaughter for company” (Samir Majoul)

(TAP / interview by Nedra Boukesra) – The lack of administrative continuity, the mismanagement of state-owned companies, the increase of the tax burden and the informal economy are all issues that concern the new president of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) Samir Majoul. In an interview with TAP, Majoul, 62, places emphasis on the collective responsibility of the State, employers’ organisations and employees in managing the “particularly worrying” economic and social situation in the country. This family business leader specialising in agribusiness, does not hesitate to…

Tunisia: Economic reforms should be accompanied by social reforms (Jihad Azour)

The economic reforms adopted by Tunisia should be accompanied by social reforms to ease the pressure on vulnerable groups, said Jihad Azour, Director of the Middle East and Central Asia Department of the International Monetary Fund (IMF). In an interview with TAP, the official said the Tunisian government is on the right track, adding that reforms require time and support. In this context, he expressed the will of the IMF to support the efforts of the Tunisian government in this area, while taking into account the reaction of the citizen…

Tunisian Government opens forex market to spark economic growth

Tunisia faced great economic challenges in the post-Arab Spring era. Now, the country is ready to open up the foreign exchange market to retailers The Tunisian Revolution triggered the Arab Spring that spread into other North African and Middle Eastern countries in 2010-11. Seven years on from the uprisings, Tunisia has made great progress in its political transition to democracy, but its economy still faces challenges in the economic field. The current Tunisian Government is working to boost the country’s economic growth and develop its financial market. One of the…

US official meets UN-backed prime minister in Tunisia

U.S. Deputy Secretary of State John J. Sullivan met Fayez al-Sarraj, head of Libya’s UN-backed unity government on Saturday in the Tunisian capital. According to Sarraj’s press office, he met Sullivan, who is in Tunisia as part of his official visits, in the country’s capital, Tunis. During the meeting, they discussed bilateral relations, political development in the country, economic cooperation and investments in petroleum sector, the prime minister’s office statement added. It also said Sarraj demanded Sullivan support the state’s anti-terror organs by arming them “sufficiently.” Noting the U.S. support…

Social and cultural dynamics in the Arab world

Filled with faceless, fragmented bodies, Thameur Mejri’s paintings express the physical and psychological effects of recent upheavals in the Middle East Emerging Tunisian artist Thameur Mejri’s work examines the social, political and cultural dynamics in the Arab world, especially Tunisia by focusing on the linkages that contemporary mass media creates between masculinity, violence and war. In his first solo show in Dubai, Heretic Spaces, the artist is presenting mixed media paintings, drawings, collages and a video that express the physical and psychological effects of the recent upheavals in the Middle…

Why should investors consider funding Tunisian startups?

Intilaq, a Tunisian incubator and fund officially started in 2014 in a partnership between Microsoft, Ooredoo, and other funding partners. Few years later, Intilaq became a leading Tunisian startup investor, and invested 12 millions Tunisian dinars (US$ 5 millions) in 26 startups that operate in various sectors such as education, health, agriculture, and ecommerce. Bassem Bouguerra, an ex-Yahoo and a Tunisian entrepreneur took the lead of Intilaq’s Tunis office in April 2017. He spoke to Wamda about the impact of the investments Intilaq made and shared his opinion about the Tunisian…

China’s Belt and Road Initiative to help Tunisian economy revive from slowdown

Basly, now the president of China-Tunisia Cooperation Council, hailed the initiative as “a perfect supportive approach for economic development.” He said China has been “a significant investment partner” for Tunisia that “has the potential to contribute to the development of the Tunisian economy.” “China has become a global economic locomotive in various fields, such as space, automobile, technology, real estate and agri-food,” Basly said. “Tunisia could play a role in the relocation of Chinese manufacturing industries, because the production cost in China is more expensive than that in Tunisia.” “It…