“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
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 […]
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 […]
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 […]
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 […]
Financial resources obtained through external loans have reached 1,390 million dollars (1 dollar=1.6 dinar) until May 2014, said Governor of the Central Bank of Tunisia Chedly Ayari. These resources deposited in the account of the BCT are shared out as follows: 500 million dollars from the International Monetary Fund (IMF), 200 million dollars from Turkey, 220 million dollars under the […]
Ways to strengthen co-operation prospects between Tunisia and New Zealand in the areas of agriculture and renewable energy were discussed as caretaker President Moncef Marzouki met, Thursday in Carthage Palace, with New Zealand Minister of Trade Tim Groser. The two sides discussed ways to make the most of the experience of New Zealand in the academic field. Mr. Groser said […]
The Recovery and Restructuring Commission of Public Funded Companies (CAREPP), which met Thursday in Kasbah, agreed to the creation of a virtual company in the postal sector. The meeting, chaired by interim Prime Minister Mehdi Jomaa, examined a number of public minority shareholdings in companies operating in the property and tourism sectors, a Prime Ministry press release said. Members of […]
The Global Environment Fund (GEF), the largest funder of environment projects, announced a donation of 9.22 MTD (5.73 million dollars) to co-finance a sustainable management project of oasis systems in southern Tunisia. The four-year project (2014-2018) seeks to improve management systems of natural resources in the Oases of Gabes, Tozeur, Kebili and Gafsa. A negotiation protocol will be signed, on […]
Governor of Tunisia’s Central Bank (BCT) Chedly Ayari predicted a growth rate of about 3% in 2014 against 2.6% in the previous year. A recent World Bank Report on Global Economic Prospects said Tunisia would achieve a growth rate of nearly 2.5% in 2015. In a statement to TAP, on the sidelines of his participation in the Tunisia-Gulf Investment Forum, […]
The Tunisian-British Chamber of Commerce (TBCC) and the British Council signed recently a partnership agreement to organise two training session “Business English” and “English for Finance,” to be offered by TBCC to its members and taught by British Council teachers. It was also agreed to launch the campaign “English Language Week for Tunisia,” May 26-31 in the governorates of Tunis, […]
During the first quarter of 2014, the current account deficit reached 2.4% of the Gross Domestic Product (GDP), asserted Nidhal Ouerfelli, Official Spokesman for the Prime Ministry and Minister to the Prime Minister in charge of Co-ordination and Monitoring of Economic Affairs. He said to the media, at the end of a cabinet meeting held, Friday in Kasbah, under the […]
