First Independent Mena Newspaper
Four issuers in Tunisia have been affected by a recent review exercise for new ratings. Fitch Ratings said it carried out the review due to a recent recalibration of the Tunisian National scale in a released statement. The recalibration of the Tunisian National scale follows Fitch Ratings downgrade of Tunisia’s sovereign rating and country ceiling […]
The Tunisian authorities are putting up for auction thousands of luxury items that were once owned by toppled dictator Zine El Abidine Ali and his family. They hope to raise at least 10 million euros to fund several development projects. The list of goods put on sale includes a pair of miniature gold sphinxes, a […]
The European Investment Bank (EIB) has dedicated 270 million Euros to help Tunisia boost employment among young people, diversify the private sector, and develop infrastructure in the poorest regions in a statement from the bank. The loans were finalized by the bank in two different contracts. The first contract was concluded between the European Investment […]
The European Union is pushing the five countries of the Maghreb (Algeria, Libya, Mauritania, Morocco & Tunisia ) to enhance their cooperation and foster their integration because the two regional blocs and shores of the Mediterranean share common interests. To reach that goal, the EU High Representative and the European Commission issued a Joint document […]
A four year agreement to build a broadband access network which will bring high-speed Internet access and high-quality voice and video services to millions of Tunisians has been announced by the largest provider of wireless communications in the country, Tunisianain partnership with Alcatel-Lucent. Tunisiana is hoping to launch commercial services early next year and Alcatel-Lucent […]
The one persistent feature of Iranian foreign policy since the toppling of the Shah in 1979 was its rather grandiose optimism about its own ascendance to a hegemonic role in the Middle East. The ayatollah’s Islamic Republic never considered the revolution it had kidnapped to turn inward. Instead, the leaders of the Islamic Republic of […]
In a brief conversation with a taxi driver who was taking me from Cartage international airport to down town Medina, I noticed glimpses of optimism in his speech. He said he was glad about the changes that took place in what he sometimes called “Modern Tunisia,” and some other times “post-revolutionary Tunisia.” “We have lived […]
Libya is now focusing on olive to compete with its neighbors in the region in a move to diversify its economy which depends on oil. The country is the 12th largest olive oil producer in the world, accounting for 0.25% of the global production, according to the United Nations Food and Agriculture Organization (FAO). Speaking […]
An agreement has been reached between Sonde Resources Corporation and the Joint Oil of Tunisia and Libya for the second phase of the exploration of the joint oil block in the Gulf of Gabes The agreement allows the company to defer the three exploratory well obligations into the second phase of the exploration period and […]
A Maltese business delegation has ended its visit to Tunisia and the meetings of the delegates with their Tunisian counterparts have already been described as a success. The visit which was organized by Malta Enterprise# in collaboration with the Maltese embassy in Tunis gave thirteen Maltese companies operating in a wide range of sectors including […]