Foreign investments Flow up 12.8% (FIPA)
The flow of foreign investments jumped by 12.8% at the end of 2017, reaching 2244.4 million dinars (MD) shared out by means of 2128.2MD (+11.9%) in foreign direct investment (FDI)...
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Tunisia’s foreign currency reserves fall to 15-year low
A worsening trade deficit has further eroded Tunisia’s foreign currency reserves, which are now worth just 89 days of imports, the lowest level in 15 years, central bank figures showed...
EU removes Tunisia from tax-haven blacklist
Tunisia has been removed from the European Union’s list of non-cooperative tax jurisdictions, announced the EU’s Economic and Financial Affairs Council (EcoFin) as it convened on Tuesday in Brussels. “Eight...
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...
“It would be a mistake if economic reform process underway...
« It would be a mistake if the economic reform process underway in the Middle East and North Africa were to be thrown into reverse,” said Jihad Azour, Director of the...
Chinese, Russians shore up Middle East tourism
Chinese and Russian visitors boosted Middle Eastern tourism last year following a 2016 slump as Europeans gave the area a wide berth on security fears, according to the World Tourism...
Tunisair direct flights to Cameroon soon
Tunisia’s flagship carrier, Tunisair has resolved to introduce direct flights to Cameroon’s economic capital, Douala. The Cameroonian National Aeronautics Authority (CCAA) said in a statement that the route would “meet...
Leoni : Some 1,200 additional jobs to be created next...
“Leoni Tunisia”, specialising in the manufacture of cables for cars, plans to expand its activities next April to create at least 1,200 additional jobs Prime Minister Youssed said, TAP reports...
EBRD Lends Figeac Aéro €38 Mln for Expansion in Morocco...
The European Bank for Reconstruction and Development has lent French aerospace manufacturer Figeac Aéro SA €38 million to finance its production expansion in Morocco and Tunisia. The EBRD loan will...
IMF does not want austerity in Tunisia: spokesman
The International Monetary Fund does not want austerity in Tunisia, and in fact proposed programs to protect the poor from the impact of economic reforms, a Fund spokesman said Thursday....
