Day: September 16, 2024

Ftich Ratings upgraded on Monday Tunisia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from “CCC-” to to “CCC+”. The agency said “the rating upgrade reflects its increased confidence in the government’s ability to meet its large fiscal financing needs. This stems from Tunisia’s stronger external position that enables it to maintain its international reserves at a sufficient level to meet current external payments and debt obligations. This is balanced by still-elevated financing needs, limited access to external financing, uncertainty over the ability and willingness of the banking sector to take on…

Alpha Hyundai Motor, the official distributor of the South Korean car manufacturer Hyundai in Tunisia, is delighted to announce that it has been honoured with the prestigious ‘Best Sales Progression’ award at the regional conference held on 3 and 4 September 2024 in Marrakech, Morocco. This prestigious award highlights Hyundai Tunis’ outstanding performance in increasing its sales at the regional level. The ‘Best Sales Progression’ label is awarded to entities that have proven remarkable growth and performance in recent years. This recognition reflects Hyundai’s successful commercial strategy and exceptional sales…