Business Finance

Egypt, Tunisia to recover frozen assets from EU countries

Egypt and Tunisia will shortly recover the assets that were frozen under sanctions decreed by the European Union against their former presidents Hosni Mubarak and Zine El Abidine Ben Ali, who were both toppled in Arab Spring uprisings. The Council of the European Union announced Monday that the EU took steps to facilitate the return […]

Headlines Tunisia

Gulfsands plans Tunisia development

Gulfsands Petroleum is planning to get more work done at its offshore and onshore blocks in Tunisia following an investment in two exploration permits there according to a released statement. The statement came on the heels of an announcement of the company’s new opportunities in the country.  Gulfsands in a recent announcement said that it […]

Business Finance

Fitch Ratings to leave Tunisia

Reports are being featured that the Fitch Ratings Maghreb, the branch of the rating agency overseeing the region, is winding up its activities in Tunisia and will be closing its doors in the country by the end of the year. It seems as if the decision is prompted by the ongoing global financial crises with […]

Headlines Tunisia

Tunisia Gets EU Advanced Status

Tunisia has gained the European Union advanced status, becoming the 2nd North African country after Morocco to obtain such a title, the status of a privileged partner with the EU. The decision was made during the Tunisia-European Union (EU) Association Council’s 9th session held lately in Brussels. Tunisia has requested last March an EU advanced […]

Business Energy

Tunisia: ADX Energy seeks permit for seismic exploration

ADX Energy is in the process of completing two farm outs in relation to its Chorbane permit. The two farm outs are found onshore. The company is seeking for the permit so that it can carry out a seismic acquisition campaign next year. It is therefore working towards getting the permit as early as possible […]

Editorials Features Opinions

What Arab Spring? The Folly that is Henry Kissinger

When the 26-year-old fruit vendor, Mohammed Bouazizi – after being slapped around by local authorities one time too many – in an act of desperation and protest, set himself on fire in the Tunisian city of  Sidi Bouzid, no analyst or politician could have foreseen the wave of regional uprisings that were to follow. What […]

Headlines Tunisia

Tunisia: Resumption of phosphate extracting in Gafsa-Métlaoui

After a one-month suspension, the extraction and exploitation of phosphates in the Gafsa mining basin (south-west) as well as the phosphate washing activities have resumed their normal pace last week. The transport of phosphate and triphosphate via the railway has also resumed starting from Métlaoui (one of the towns on the mining field) towards Gafsa, […]

Business Finance

Tunisia: seeking western funds to attract investors

The country is going through a transition period but its financial limitations has forced the Prime Minister to call for more financial support “before it’s too late” because those that pledged to help have not lived up to expectations. Prime Minister Hamadi Jebali called on the West to come to the country’s aid as he […]

Features Letters to the Editor Opinions

The Grey-Force: Militant Salafism and Changing Security in North Africa

It is common today to associate Salafism with radicalism, nihilist violence and failed states. In fact, Salafism is a heterogeneous religious and political tendency. Salafis agree on the glorification of the early Muslim community, its religious texts, its supposed unity, its energy and moral conduct. However, they differ considerably on the way to revive this […]

Business Finance

Tunisia reveals financial acquisition plans

Huge financial challenges lie ahead according to Finance Minister Slim Besbes with estimations pegged around 7 billion dinars. The country is struggling to stand on its feet and it is hoping to raise the amount through loans and aids. The economy and revenue earning ventures are suffering from the effects of the revolution and the […]