Wind farm in Boujdour

Tunisia: Powerful UGTT slams government for selling state-run companies in deal with IMF

Noureddine Taboubi, the Secretary General of Tunisia’s powerful labor union UGTT, Monday laid into the government of President Kais Saied for succumbing to the International Monetary Fund and pledging to relinquish control of some state-run companies, including a bank and a factory. The government “recently made a commitment to the International Monetary Fund to sell […]

French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]

On Trump’s Shortsighted Decision to Cut Military Aid to Tunisia

Cutting US military aid to Tunisia is a “misguided and dangerous” decision representing a stark departure with the US President’s plan to “demolish and destroy” the Islamic State (ISIS), said Sarah Yerkes of the Carnegie Endowment for International Peace in an opinion piece on The Hill. The article criticizes Trump’s budget blueprint released on May […]