Algeria Business Emerging Markets Features Headlines Tunisia

Tunisia preys on Algeria’s flourishing market

Tunisian businessmen expressed interest Algeria’s furniture and interior design market and showed their willingness to develop partnerships with their Algerian counterparts in the sector. The director of the Tunisia program of ‘Export to Algeria,’ Riadh Bezzarga, said that the sector is “flourishing” in Algeria and it has a “great potential” to grow especially when the […]

Features Headlines Tunisia

Tunisia: sovereign credit ratings lowered

As Tunisia is at grips with a seemingly inextricable political situation, rating agencies continue to reduce its standings, in an unnecessary additional evidence that the country’s economy is not faring any better than politics.  The latest of these agencies is Standard & Poor’s Ratings Services# which lowered Tunisia’s long-term foreign and local currency sovereign credit ratings […]

Features Headlines Tunisia

Tunisian Ennahda Party: Power, Power when you Hold US…

Tunisian Prime Minister Hamadi Jebali announced on Monday that his proposal to form a technocrat cabinet to bring the country out of the deadlock has fallen short. Following the second round of negotiations with some 15 political parties on his initiative to form an apolitical cabinet of technocrats, Jebali was quoted by Tunisia’s official news […]

Features Headlines Tunisia

Who Killed Tunisian Opposition Politician Chokri Belaid?

Thousands of angry Tunisians have mourned the assassination of opposition political figure Chokri Belaïd, a prominent opponent of the Islamist-led government of Hamadi Jebali. They took to the streets of the Tunisian capital in a huge march against the killing of the human rights militant who was shot in the head and the chest outside […]

Business Energy Features Headlines Tunisia

Tunisia: PAR and Sondes waiting on partnership

Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources (PAR) is still looking for farm-in partners for the Zarat license offshore Tunisia. The two companies hold the joint oil block license north of the Zarat concession, concerning unitization principles for the Zarat […]

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HRW: Will New Arab Spring Gvts Deliver Democracy or Authoritarian Regimes?

The new governments formed in the aftermath of the Arab Spring are facing the challenge of creating rights-respecting democracies, says Human Rights Watch in its “World Report 2013”, wondering whether these new Arab governments will produce a genuine democracy and fall back into dictatorships. In its 665-page report, HRW says “the creation of a rights-respecting […]

Features Headlines Tunisia

Tunisia: Emergency plans to save mausoleums

Following the repeated attacks of shrines by unidentified individuals, the Tunisian government has decided to adopt emergency measures to protect Sufi Muslim mausoleums, considered as religious and cultural treasures. The latest such attack took place last Thursday when two Sufi mausoleums were torched. Many believe that ultra-conservative Salafist Muslims are behind such acts. The government […]

Headlines Tunisia

Tunisia seeks IMF loan and private investment

Negotiations are going on between Tunisia and the International Monetary Fund for a loan programme. The IMF director for the Middle East and North Africa, Masood Ahmed, said he is looking forward for their talks to progress by early February. Negotiations have been going on prosperously between the two parties and Tunisia is hoping to […]

Features Headlines Tunisia

Tunisia: A revolution that kindled frustrations not hopes

Two years ago, Tunisia’s Jasmine Revolution toppled Zine al-Abidine Ben Ali’s dictatorship and ignited the first flames of what would be called the Arab Spring. At the same time, it kindled Tunisians’ hopes and dreams for a better future, a better Tunisia where democracy, freedom and social justice will prevail. Two long years have elapsed, […]

Headlines Tunisia

Tunisia: Syphax prepares to penetrate markets

Syphax Airlines has decided to tap the aviation market with millions to increase its fleet and their performance. In a recent deal with General Electric Aviation, the company has decided to select CFM International’s LEAP-1A and CFM56-5B engines to power three Airbus A320neo and three Airbus A319/A320ceo aircraft, respectively. The total amount for the order […]