The Tunisian Startup Act – What Does It Change?

As per Global Entrepreneurship Index 2018, based upon 14 parameters, Tunisia ranks 6th in MENA region and 40th worldwide on the health of the ecosystem. It is anticipated that this ecosystem could be the next game changer for the African continent. Fellow countries that rub shoulders with Tunisia are Botswana and South Africa.  As a startup ecosystem, Tunisia enjoys much higher startup skills and risk capital than its counterparts in Africa. Early last month, the much awaited Tunisian Startup Act was passed by the parliament.The law provided much room space for startups to…

Expert Explains Reason Behind Decline in Number of Migrants to Europe

The number of migrants who arrived in Italy in 2018 has decreased by 75% compared to the same period last year. The country’s interior ministry has reported that the number of arrivals from Libya has dropped. Sputnik discussed the issue of illegal migrants travelling to Italy with Paolo Salom, political observer with Corriere della Sera. Sputnik: What do you think is the primary reason behind the decline in the number of migrants to Italy has been? Paolo Salom: The main reason is the way that the government of Italy reached an agreement with the governments of a few…

Security robot, work of Tunisian talents

In an interview with robotics doctor Anis Sahbani, CEO of “Enova Robotics” company and inventor of the security robot “Pearl guard”, we learned that this robot, invented in 2015, is a first in the world. This invention won in Tunisia the first prize in the national competition for inventions and was also awarded abroad at the International Trade Shows for Inventions organized notably in Cairo (2016), France, Geneva, Austria and Kuwait (in 2017). “Enova-Robotics” is a public limited company located in the “Soft-Tech” business incubator of the Sousse competitive cluster…

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 they visit Tunisia How does it feel to have British tourists returning to Tunisia? I’m so happy the tourists are coming back! I was in Sousse at the time of the 2015 attack – it was a terrifying time and…

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…