Headlines Libya

Libya: Dinar collapses highlighting ailing economy

The Libyan Dinar has plummeted further over the week-end against foreign currencies on the black market now appearing as the only available FOREX market for most Libyans desiring to buy foreign currency owing to lack of central regulatory body. The Libyan Dinar in Tripoli is trading much lower as the one Libyan Dinar is trading […]

Headlines Tunisia

Tunisia: Terrorists kill border guard, wound three others

Terrorists Sunday traded shoots with Tunisian border guards stationed at Bouchebka, near the Algerian border, killing one guard and wounding three others. “A border guard was killed and three others were wounded in a shootout with a terrorist group in Bouchebka,” the state television Wataniya 1 confirmed. President of the guards’ Union Ridha Ennasri also […]

Business Emerging Markets

Tunisia eyes expatriates to boost investment, economic development

The first Economic Forum of Tunisian Expatriates organized by the Office of Tunisians Abroad (OTE) opened in Tunis on Thursday with the hope of promoting networking among Tunisians living abroad and encouraging investment in the country. Speaking at the opening ceremony, the Secretary of State in charge of Immigration and Social Integration Belgacem Sabri said […]

Energy Headlines Libya

Libya to ease situation with Tunisian, Egyptian electricity, Tripoli Government

Electricity has been a major challenge in Libya in the past few years because fighting in the country destroyed some of the infrastructures while foreign companies have been reluctant to supply spare parts needed to repair damaged grids. The Tripoli-based government has announced that electricity will be imported from neighboring Egypt and Tunisia to reduce […]

Finance Headlines Tunisia

Tunisia: Lawmakers slam the 2015 supplementary finance bill

Tunisian lawmakers have criticized at a plenary session the 2015 supplementary finance bill saying that is does not match the aspirations of the Tunisian people. While the majority of Tunisian lawmakers threw their support behind the anti-terrorist bill last week, the MPs were very critical of the supplementary finance bill discussed at a parliamentary plenary […]

Headlines Tunisia

Tunisian MPs divided over extension of state of emergency

The Tunisian President’s decision to prolong the state of emergency for two months has stirred a debate among the members of parliament. While the government says it is a necessary step because another terrorist attack with an impact like that of the Sousse beach attack will paralyze the state, critics argue the government is exploiting […]

Headlines Tunisia

Tunisia: 5year development plan to overcome economic and social challenges by 2016

Tunisia is preparing a five year development program that is expected to begin next year and the Minister of Development, Investment and International Co-operation Yassine Brahim said the plan will include strategic orientations and national priorities. The plan seeks the revival of Tunisian economy and also focuses on the social challenges after the end of the […]

Headlines Tunisia

Tunisia: Our diplomacy is “sovereign” and cannot be “dictated” by the Arab League, FM

On the second day of the three-day Annual Conference of Heads of Diplomatic, Permanent and Consular Missions in Tunis, Foreign Minister Taieb Baccouche said the decision to appoint a consul-general in Damascus was in the interest of the Tunisian state and its citizens despite the Arab League sidelining the Assad regime. Speaking to reporters on […]

Headlines Tunisia Uncategorized

Tunisia: Parliament revives death penalty to fight terrorism

The Tunisian House of People’s Representatives adopted at a plenary session articles 16 to 34 of the 139-article anti-terrorism and money laundering law. Among the articles approved is the imposition of the dead penalty for “terrorist” crimes but critics say that the law vaguely defines terrorism and could serve as a tool to suppress the activities of […]