Business Finance Headlines Tunisia

EBRD grants Tunisia €49m for water projects

The European Bank for Reconstruction and Development (EBRD) announced Tuesday the allocation of €49 million in form of credit facility to finance water projects in favor of 6,800 farmers. The loan is intended for the modernization of water infrastructure and the development of a strategy in this area in oases in the south of the […]

Headlines Tunisia

Palestinian President in Tunisia this Tuesday

Palestinian President Mahmoud Abbas is set to visit Tunisia this Tuesday at the invitation of his Tunisian counterpart Kais Saied to discuss the Palestinian cause. Abbas and Saied, according to the Palestinian top diplomat Riyad Al Maliki, will exchange views and discuss developments on the Palestinian cause. Abbas is coming from Algeria where he started […]

Europe Headlines International Tunisia

Tunisia: President sacks country’s Paris, Milan consuls, orders audits

Kais Saied has terminated the diplomatic jobs of Tunisia’s consuls in Paris and Milan and ordered a financial audit of the missions, his office announced on Sunday. The statement said Taher Arbaoui who had been running the country’s consulate in Paris will be replaced by Ridha Gharsalaoui. Adel Ben Abdallah on the other hand will […]

Asia Headlines International Tunisia

Saudi Arabia donates to Tunisia medical aid including 40 tons of liquid oxygen to combat pandemic

Saudi Arabia’s aid agency, King Salman Humanitarian Aid and Relief Center (KSrelief), delivered Wednesday to Tunisia a shipment of aid to Tunisia, including 40 tons of liquid oxygen, to back up the medical sector of the North African country in dealing with the COVID-19 pandemic. The shipment according to the Tunisian Health minister Ali Mrabet […]

Headlines Tunisia

Tunisia sentences four youth to 20 years in prison for drug trafficking

The Tunis court of first instance sentenced Tuesday four young men to 20 years in prison for forming a drug trafficking network in the capital, Tunisie Numerique reports.   The defendants, according to the investigative media, brought into the country the drug from a country in the Maghreb region, through the North-East governorates. They had […]

Business Emerging Markets Headlines Libya Tunisia

KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]

Headlines Tunisia

Tunisia: Military court sentences runway suspended lawmaker to three years in prison

Tunisia’s military court handed Wednesday a three-year prison sentence to Maher Zid, a lawmaker in the suspended state legislature. Zid, who is uncounted for, was sued by former defense minister Ghazi Jribi after he accused him of corruption in relation to the acquisition of a number of US helicopters for the Tunisian armed forces. Zid […]

Africa Algeria Egypt Headlines International Maghreb Tunisia

North African nations book place in playoffs of qualifying for the 2022 World Cup

Morocco, Tunisia, Algeria and Egypt have advanced to the third and last round of qualifying for the 2022 World Cup to be held in Qatar. The four football names in the region topped their respective groups – underlining their dominion on football on the continent. Morocco earlier booked its place before the November fixtures. Algeria […]

Business Finance Headlines Libya Tunisia

Libyan & Tunisian Central Banks sign cooperation agreement

The Central Bank of Libya (CBL) and its Tunisian counterpart BCT have inked a Memorandum of Understanding (MoU) for cooperation in many areas including fintech, Libya Herald reports.   The MoU, according to the CBL, provides for the transfer of experience of Tunisia’s Central Bank in the field of developing financial transactions (Fintech), and the […]

Headlines Tunisia

Tunisian protestors attempt to storm suspended Parliament

Thousands of Tunisians tried to storm the country’s Parliament in capital Tunis in protest to what they branded a “coup” after President Kais Saied closed the legislature and suspended the immunity of lawmakers. Security forces positioned in the vicinity of the Parliament managed to keep the protestors at bay. Protesters among the supporters of the […]