Business Europe Headlines International Tunisia

EBRD Unveils Its Five-Year Strategy for Tunisia

The European Bank for Reconstruction & Development has unveiled its strategy for Tunisia for the period 2018 to 2023. Through this strategy, the Bank pledges to support competitiveness of Tunisian companies by opening markets and strengthening governance. The EBRD country strategy also seeks to promote economic inclusion for women, young people and populations living in […]

Headlines Tunisia

Tunisia Secures $830m Assistance from Saudi Arabia

Tunisia has secured an $830 million assistance from Saudi Arabia that will help it face up the economic and financial hardships it has been encountering since 2011. The announcement was made by Tunisian Prime Minister Youssef Chahed Saturday following a visit to Saudi Arabia. Out of the amount provided by Riyadh, $500 million will be […]

Asia Headlines International Tunisia

Tunisia: Authorities Name Suspects in Hamas-drone Engineer’s Assassination

Tunisia has identified two suspects from Bosnia and Croatia as killers of Mohammed al-Zawari, a former Hamas drone maker. Zawari was gunned down in December 2016 in front of his house in Sfax by unknown assailants. Palestinian group Hamas then said the Tunisian had worked with the movement for a decade as its drone expert. […]

Headlines Tunisia

Tunisia’s Truth Commission Ends Four-year Mission

Tunisia’s Truth and Dignity Commission that was set up in 2014 to investigate and serve justice to victims of half a century of dictatorship is poised to submit its recommendations. The first version of the recommendations is to be delivered at a public event on Friday and Saturday, before the full report is submitted by […]

Finance Headlines Tunisia

Tunisia’s 2019 Budget: No New Taxes to Buy Social Peace

The Tunisian parliament approved earlier this week the 2019 budget, which does not provide for any new taxes on individuals in a move to buy social peace. Earlier this year, People had taken to the streets to protest against the government’s austerity measures. The protests broke out after activists and politicians denounced increases in VAT […]

Headlines Tunisia

Tunisia: UN Human Rights Chief Welcomes Draft on Equality in Inheritance

Despite the strong resistance of the Islamist movements in Tunisia, the cabinet approved last Friday a draft law that provides for equal inheritance rights for women. The Council of Ministers in Tunisia on Friday decided to send a draft law to parliament that would give male and female heirs automatic and full equality, unless there […]

Headlines Tunisia

A Tunisian Jewish Appointed New Tourism Minister

Tunisian Jewish businessman Rene Trabelsi has been appointed new tourism minister in a partial cabinet reshuffle that the Prime Minister Youssef Chahed hopes will add new momentum to the cabinet. Twelve other ministers were appointed but key portfolios such as finance, foreign affairs and the interior were kept unchanged. “This reshuffle is to make the […]

Headlines Tunisia

Tunisia: Woman Blows Herself up Near Police Patrol

A 30-year old woman blew herself up on Monday near a police patrol in a busy avenue in Tunisia’s capital. Twenty people were injured in the suicide bombing, 15 law enforcement agents and 5 civilians including two children, according to a latest report released by the spokesman of the Directorate General of National Security, Walid […]

Finance Headlines Tunisia

Tunisia: No New Taxes on Companies, Individuals in 2019

The Tunisian government will not impose new taxes on companies and citizens in the 2019 budget, a statement released by the government said. According to the draft budget for 2019 released earlier this week, the government is committed to not burden economic institutions and citizens with new taxes in 2019 due to the “contributions they […]

Europe Headlines International Tunisia

Tunisia: Military Jet Crashes into Mediterranean during Drill

A Tunisian military aircraft crashed Wednesday into the Mediterranean during a military exercise involving 10 other countries bordering on the sea. The Defense Ministry of the North African country said the pilot was unharmed as he was able to eject safely before the aircraft, an F-5, plunged into the sea. The pilot was rescued by […]