Features Headlines Libya

Libya – a Tourist Hotspot in the Making?

Despite many hurdles ranging from armed militia, fragile government to terrorism, Libya’s tourist minister, Ikram Abdulsalam Imam, believes that his country has the potential to become a new North Africa tourist hotspot. Although Libya is undoubtedly rich in places worth seeking, including 1,000 beaches, ancient Roman and Greek ruins, or palm-fringed oases, the world is […]

Headlines Tunisia

Again an Impasse: Tunisian Talks ‘Suspended’ over PM Nomination

The UGTT (Union Générale Tunisienne du Travail) union federation – which represents hundreds of thousands of Tunisian workers – mediating Tunisia’s political crisis announced Tuesday that it would “suspend the national dialogue” on choosing a new prime minister after political leaders again failed to agree on a candidate. The political tensions and economic instability that […]

Features Headlines Tunisia

Tunisia: Monday deadline for a new Prime Minister

Tunisian political parties have been unable to choose a new Prime Minister during their week long negotiations. Monday has been fixed as the new deadline for them. Some members of the opposition are accusing Ennahda of delaying the process in order to stay longer in power. Several names have been considered as potential candidates in […]

Features Headlines Tunisia

Tunisia: Southerners lash tourism anger on government

Tunisia’s southerners are complaining of being neglected by the government after the Arab Spring due to the state of the once vibrant tourism sector in the region. They blamed the lack of tourists in the area on the ever frequent cancelations of international and local flights. The government is accused of only interested in marketing […]

Features Headlines Tunisia

Tunisia: Tensions boiling again

The stepping down of the Tunisian government could take longer than expected as the government and opposition parties make different statements. Prime Minister Larayedh stated that four conditions will determine the departure of the government while the opposition alliance prepares nationwide protests against the government next week. On 5th October, the two parties signed an […]

Business Emerging Markets Features

Time is right for business in Tunisia

Despite Tunisia’s political turbulences and incertitude, some experts believe that it is the right moment to venture into the North African country and seize the opportunity that it offers. Oualid Hamdi believes that the negative ratings of major credit ratings agencies and the standoff between the government and the secular opposition parties should not deter […]

Business Features Finance

Tunisia introduces austerity measures

The government has revealed that it will introduce austerity measures to curb its budget deficit. Finance Minister Elyes Fakhfakh’s announcement could further stir up the heightened political crisis to new levels. The decision will imply the reduction of public expenditure and the freezing of public salaries. The move is not expected to be welcomed by […]

Features Headlines Tunisia

Tunisia: Transitional Parliament finally resumes constitution work

Efforts to avoid a political breakdown have received a positive response with the announcement of the transitional parliament resuming its duties a month after Mustafa Ben Jaafar, the president of the transitional parliament, suspended its activities unless a deal is brokered by the political parties. Ben Jaafar is a member of the Ettakol party which […]

Business Features Finance

Tunisia: Central bank warns of worst economic downfall

The Tunisian central Bank has added its voice to the ongoing political crisis. It is worried that if the political parties don’t find a solution to their differences, the economy will fall into a state that it has never before experienced. The board of the central bank has urged all stakeholders to work towards maintain […]

Features Headlines Tunisia

Tunisia: Government retreats while unions threaten political parties

Concessions have been made by the ruling political parties at the end of their Tuesday meeting with the UGTT, the biggest union in Tunisia, and UTICA, an employers’ union representing business owners and self-employed workers. The ruling government has decided to leave power earlier than expected but based on certain conditions. The opposition received the […]