First Independent Mena Newspaper
If Egypt has declared that it’s no more interested in International Monetary Fund’s (IMF) loan, Tunisia on the other hand has not ruled out its emergency loan which is on standby. However, planned protests and strikes for the following weeks might jeopardize the Tunisian government’s ability to overcome its shaky finance and at worst, its […]
The 10th conference of the Organization of Arab Petroleum Exporting Countries (OAPEC) will be held Libya in 2014 to discuss several issues related to world oil market, the challenges facing Arab crude producing countries and ways to support Libya’s post-revolution development and reconstruction. The conference, to look also into sustainable development of energy sources throughout […]
Tunisian authorities have awarded an oil exploration permit to Ukraine’s YNG Exploration Limited. The permit authorizes the Ukrainian firm to begin explorations in the 988 KM² Araifa site in Tatounie, southern Tunisia. The firm will conduct seismic exploration and proceed to the drilling of two test wells over a five-year period at an estimated cost […]
Long before the advent of the Arab Spring, the region was boiling as people in most of the countries of the region were denied basic social and economic rights: Unhealthy housing, below standards education, inaccessible health care, ramping unemployment etc. However hard the situation was, people seemed accommodating with their daily hardships, thanking God for […]
In a bid to boost its tourism industry, Egypt has come up with the plan of exempting neighboring countries in the North African region from visa procedures when they are entering the country as tourists. It is being reported that only Libya, Tunisia, Morocco and Algeria are part of the exempted countries that will no […]
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 […]
Conergy has made its entry into the Tunisian solar market to begin its operation in North Africa. The German company has been allowed by authorities to install a solar plant in the desert area of Ben Guardane in Medenine. The plant will be covering 4,000m2 with a capacity of 210KW which will be used in […]
Doing business in North Africa seems to be very challenging and still largely for the intrepid. The World Bank’s annual survey ‘Doing Business’ provides data on the relative easiness (or difficulty) of running a business around the world. A high ranking on the ease of doing business index means the regulatory environment is more conducive […]
In the context of the Arab Spring, the use of the term “Islamism” is very common. The new political elites throughout the North Africa, commonly referred to as the “Islamists”, often talk of replacing the old and more or less authoritarian secular regimes in the Middle East. Journalists also use the term quite excessively and […]
Tunisia is mingled in chaos and that are fears that it might continue for a long period. Its economy and finance are hardly affected by the current situation. The European Investment Bank (EIB) has shown its intention to help the small and medium sized enterprises in the country. In a statement by Jamel, the chief […]