Tunisia Promotes a Financial Market Culture [press release]

From the 22nd to 24th of May 2014 the Tunisi Stock Exchange held a specialized exhibition on stock exchanges and financial services called Investia, whose aim was to promote a financial market culture in Tunisia and across the region. The objective of the exhibition was to demystify capital markets and promote them as an alternative avenue for businesses, especially small […]

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Kuwaiti Businessmen Willing to Increase Investment in Tunisia

Kuwaiti Businessmen are willing to increase the pace of their investments in Tunisia, Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Ali Thunayan Al-Ghanim said, Thursday, during his talk with caretaker President Moncef Marzouki. Investment areas are essentially tourism, industry, infrastructure and telecommunications, Thunayan said, placing emphasis on the Tunisian workforce whom he considered “specialised.” For his part, President […]

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Drop in AfDB’s Fundings to Tunisia in 2013

It appears from the African Development Bank Group’s 2013 annual report that the loans and donations granted by the Bank to Tunisia dropped in 2013, to 26 million euros (57.7 million dinars MTD), compared with 906 MTD in 2012 and 1,394 MTD in 2011. AfDB approved the total value of 6,190.8 million euros (13,757.3 MTD) as loans and donations for […]

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EU to Impose New INCO Regulation On Food Products From 2017

The European Union (EU) is imposing from 2017 a new INCO regulation (food labelling) on food products exported to these markets. In this context, the programme to support the competitiveness of enterprises and facilitate access to markets (PCAM) held, on Thursday in Tunis, an awareness conference on the theme of “anticipating food labelling – a winning approach to innovate and […]

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’Tunisia…will Bounce Back Soon’ – AFDB President

“At the request of the G8 Finance Ministers, we are working on an innovative solution together with other international funding institutions to help economic recovery in the North African region, more particularly in Tunisia and Egypt,” AfDB President Donald Kaberuka said at the opening of the Bank’s 49th Annual Meetings held, May 19-23 in Kigali. According to Kaberuka, these two […]

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THE MASSIMO ZANETTI BEVERAGE GROUP: 100% acquisition of Boncafe Group, a leader in Southeast Asia’s & Middle East’s gourmet coffee market.

VILLORBA (TREVISO), Italy, May 21, 2014 (GLOBE NEWSWIRE / Asianet-Pakistan) — The Massimo Zanetti Beverage Group (MZB Group), the first private group in the global coffee market thanks to international brands such as Segafredo Zanetti, Chock full o’Nuts, Kauai and Hill Bros (USA) and Meira (Finland), announced today the acquisition of the entire share capital […]

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“Tunisia Is Historically Well Integrated Into Global Value Chains” – Report

“Tunisia is historically well integrated in the global value chains (GVCs), notably in three industrial sectors: Textile and clothing, agro-industry and mechanical, electrical and electronics industries,” according to the African Economic Outlook 2014, produced by the African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP). Source : Tunis Afrique Presse

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Kuwaiti Businessmen to Visit Tunisia Next June 22

A delegation of Kuwaiti businessmen will pay a visit to Tunisia next June 22 to explore investment opportunities available in the country, announced head of the delegation of the Kuwaiti General Investment Authority Badr Ajil Alajil. Speaking after a meeting with Interim Prime Minister Mehdi Jomaa on Monday in Kasbah, he said his talk with Jomaa focused on the orientations […]

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Tunisians Optimistic About Future

Tunisians remain optimistic about the future of their country despite the difficult economic and security conditions. A poll conducted by EMRHOD Consulting published April 30th revealed that 80% of Tunisians were optimistic about the future, while 16.7% said they were pessimistic. Fifty-nine per cent of respondents said this was because the economic conditions began to improve after the new government […]

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Marzouki Receives Annual Report of Court of Auditors

Caretaker President Moncef Marzouki received the 28th Annual Report of the Court of Auditors and the report of the closing of the 2011 State budget as he met with the First President of the Court Abdellatif Kharrat. Marzouki underlined the importance of making these two reports available for all parties concerned on the institution’s website for follow-up and control, a […]

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HEINEKEN majority owned subsidiaries Nigerian Breweries plc and Consolidated Breweries plc to merge

AMSTERDAM, Netherlands, May 12, 2014 (GLOBE NEWSWIRE / Asianet-Pakistan) — Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announced today that, subject to the customary regulatory and other approvals, its majority owned subsidiaries Nigerian Breweries plcand Consolidated Breweries plc have confirmed their intent to merge the two businesses. To this end, a pre-merger notification has been filed […]

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