Tunisia to boost its economy and shift to green energy

The World Bank recently announced a new $500 million operation to support key reforms in Tunisia aimed at promoting private investment and creating opportunities for small businesses, while protecting vulnerable households and increasing energy security. The Investment, Competitiveness and Inclusion Development Policy Framework was designed to help implement major goals outlined in the government’s Five-Year Development Plan 2016-20. The new operation will support concrete actions to simplify import and export procedures, open many sectors to investment, make it easier for small businesses to access credit and bid for government contracts, ensure social…

HOW TUNISIA IS FINALLY EMBRACING ITS BERBER CULTURE

The revival of Tunisia’s traditional heritage is creating new opportunities for cultural tourism, says Isabel Putinja I didn’t expect the sky to be white. There’s a sandstorm in the Saharaand I’m at its gateway: a windy hilltop overlooking the arid landscape of the Dahar mountain chain in South Tunisia. Gigantic letters perched on the rocky outcrop I’m standing on spell out MATMATA. Matmata is best known for its underground troglodyte houses where the first Star Wars film was shot in 1976. Hotel Sidi Driss is still the main tourist attraction here –…

No, China Won’t Be the Engine of Tunisia’s Tourism Recovery

Tunisia’s government is hoping that Chinese travelers will be the vehicle of the recovery of the country’s struggling tourism industry. This sentiment is something that Chinese state media have latched onto; Xinhua, for example, recently published a piece optimistically titled “Chinese market to be main factor to revive Tunisian tourism.” The North African country certainly has a lot to offer tourists from any source market with its Mediterranean coastline and wealth of historical and cultural sites. Encouragingly, Chinese tourist arrivals are up about 57 percent for the first five months of 2018,…

Countries wanting to tackle migration should follow Switzerland’s lead and boost local economies rather than punish individuals

Switzerland wants to give Tunisians an incentive to stay home rather than leave for Europe, but instead of building walls it’s investing in promoting tourism to the region to create jobs. The European Union desperately wants to agree on a plan to curb the influx of migrants, possibly by creating vast holding camps in Africa. Donald Trump’s America wants to frighten off migrants from Honduras, Guatemala and El Salvador by locking them up and taking away their children. Neither will work but here’s a canny immigration control strategy that might. Next month, the tourism…

Tunisian Economy reshapes relations between Tunisia and Libya

Experts believe that the economic rapprochement between Tunisia and Libya will pave the way to set a new strategic partnership in all fields The visit of Tunisian Foreign Minister Khemais Jhinaoui to Tripoli recently, the first since 2016, drew new features in the economic relations of the two neighbours who are trying to break the cycle of crisis that has affected the lives of citizens of both countries. Observers believe that Tunisia’s great efforts as a mediator to resolve the Libyan crisis are a strong impetus to strengthen the economic…

Lending to women could drive Tunisian growth

Tunisia’s progressive women’s right laws in MENA have not translated into increased economic opportunities By ramping up their lending to female entrepreneurs, banks in Tunisia could dramatically increase their profits while also driving economic growth across the country, says a new report from IFC, a member of the World Bank Group. The report, released today, found that women, who own about one-fifth of Tunisia’s businesses, represent a vast untapped market for lenders. Despite that fact, many women now struggle to get financing for their firms. In fact, smaller businesses owned…

Tourism beats terrorism: Holidaymakers return to Tunisia

From the coasts of Carthage, to the elegant village of Sidi Bou Said to the bustling city of Tunis, Tunisia was a dream holiday destination, until two terrorist attacks in 2015 plagued the industry. Tourism numbers plummeted, forcing hotels to close and many tourism and hospitality workers to lose their jobs. But three years on, Tunisia’s tourism trade is finally making a positive comeback with revenues up by nearly a third, signalling the start of a real recovery. Some 2.3 million tourists visited Tunisia from January 1 through to May 20, up 21.8…

Tunisian Lionel Messi – Youssef Msakni – tells England: We will beat you because we’re mentally stronger.

Injured playmaker has revealed the top talents among his international team-mates ahead of crucial clash  THE Lionel Messi of Tunisia taunted Gareth Southgate’s Three Lions, declaring: We will beat you because we’re mentally stronger.Youssef Msakni will not  be on the Volgograd Arena pitch after tearing his cruciate knee ligament in April during a Qatari league match. His cruel KO came just a month after Tunisia coach Nabil Maaloul claimed being without their talisman would be the same as Argentina  losing superstar Messi. But gifted Al-Duhail playmaker Msakni, 27, is such…

74% of Tunisians do not trust banks’ transparency

Some 74 per cent of Tunisians do not trust the transparency of the country’s banks, a survey on the quality of banking and telecommunications services conducted by the Tunisian Organisation to Inform the Consumer (OTIC) has revealed. OTIC, which polled 2,415 customers of banks and financial institutions across Tunisia, also found that 84 per cent of the respondents were not satisfied with banking services and 94 per cent were not aware of the free services that were available to them. President of the OTIC, Lotfi Riahi, expressed concern at the…

ILLITERATE BY THE SECOND

There is no denying the fact that we are living in the apex of technology and there is no sign that it is slackening. Perhaps one major outcome of this fact is the unprecedented flux of information by the second. However, this on-going surge of information has taken its toll over people mainly social networks such as facebook, twitter. It has become painfully arduous to keep up with what is going on in the world. There is this constant dilemma between the need to keep being updated about what is…