Tunisia will be introducing its financial transactions to Sukuk for the first time next year alongside Egypt according to CIMB Group Holdings and OCBC Al-Amin Bank with the global sukuk sales tipped to surpass 2012 record of $46 billion in 2013. Sukuk has been attracting countries after the global economic crises took centre stage. Countries […]
Tag: Tunisia
Libya seduced by kitesurfing
Libyan youth living around the coastal areas are turning towards kitesurfing to occupy their leisure time. The sport is gaining huge popularity. Water sports in Libya, a Mediterranean country boasting a 1,770-kilometre coastline (1,106 miles) and almost 365 days of sunshine, were woefully underdeveloped during the Gaddafi regime, although there was a sailing federation in […]
“New Tunisia” sold to Turkish investors
Prime Minister al-Jabali said he was honored when addressing the Sixth Turkey Sectoral Economic Council meeting held at the twin towers of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara. Both countries exchanged mutual appreciation and support and acknowledged to work together in widening it by increasing contacts to develop areas […]
Tunisia: Fitch revises issuers after recalibration
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 […]
Tunisia: Ben Ali family belongings for Sale
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 […]
Tunisia gets millions loan from Europe
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 […]
EU Wants Maghreb to Move forward in its Integration
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 […]
Tunisia: Super High Network Services
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 […]
Iran’s Pyrrhic Victory
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 […]
Freedom of Expression in Post–Revolution Tunisia, Gains and Pitfalls
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 […]









