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Tunisia : Algeria becomes Tunisia’s ‘big brother’
Tunisia’s financial and economic woes have reached worrying stages forcing the government to curb its expenses. The state will be reducing the salaries of its employees. Algeria will be buffing up the coffers of the Tunisian Central bank foreign currency reserves, offer loans and grants that it will help to cover the expenses of the […]
Tunisia: Around 24 billion euros to boost crippled tourism industry
Tunisian Tourism authorities have announced injection of around 24 billion euros in 2016 to boost the tourism industry which has been seriously hit by two major terrorist attacks leading to an acute slump in the number of international arrivals, reports say. Abdellatif Hmam, Head of the Tunisian Tourism Authority made the announcement on Saturday during […]
Algeria: Africa’s 2nd largest consumer gets €50 million Renault factory
Algerian and French government officials were gathered at the western city of Oran to witness the opening of a €50 million Renault car factory in Algeria that will produce 25,000 units per year before rising to 75,000 by 2019. The plant is a joint venture and will be producing the ‘Symbol’ model; a saloon based […]



