Business Emerging Markets International Tunisia

Tunisia to review free trade agreement with Turkey

Tunisia’s ministry of Trade is set to amend a free trade agreement with Turkey, believed detrimental to the North African country, reports say. The ministry indicated in a statement that the review will include the addition of new categories of products not concerned by preferential taxation, and focusing on products that have a locally-produced equivalent […]

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Iraq auctions two Boeings stationed in Tunisia

The Iraqi government has placed two Boeings stationed in Tunisia since 1991 for sale three years after a deal with the North African country to remove aircrafts expired. Boeing 747SP-70 YI-ALM which belonged to the Iraqi government under former and late President Saddam Hussein and Boeing 747 – MSN 22366 owned by national carrier Iraqi […]

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Tunisia on brink of default as government drags feet on reforms

Tunisia is now the African country facing the highest default risk as the government remains reluctant to implement reforms to be eligible for an IMF package of $2 billion. With one of the world’s highest wage bills in terms of percentage to GDP, Tunisia under autocratic president Kais Saied, is unwilling to implement painful reforms […]

Headlines Tunisia

Tunisia: Kairouan governor fired over delays in construction of Saudi Arabia-funded health facility

Tunisia’s President Kais Saied removed Tuesday August 22 the governor of Kairouan governorate (Central Tunisia) because of delays in the construction of the King Salman Ibn Abdelaziz Teaching Hospital financed by the Saudi Development Fund. The removal came a day after a high-level meeting chaired by the President and attended by the governor Mohamed Bourguiba […]

Headlines Tunisia

Tunisia: Media tycoon sentenced to three years in prison for involvement in deadly road accident

A court in Tunisia has ordered the arrest of Abdelhamid Ben Abdallah, a businessman and owner of a private television after his condemnation to three years in prison in a trial for involuntary homicide. The arrest warrant came from the Court of appeal of the Nabeul, a coastal town located in northeastern Tunisia. Abdelhamid Ben […]

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Would Tunisia be the next Arab state to normalize ties with Israel?

Algerian officials are warning Tunisia would be the next state to normalize ties with Israel leaving pro-Iran Algeria encircled in the region. Algerian official and head of a pro-military party Abdelkader Ben Grina said Tunisia would normalize ties with Israel, ringing the alarm bell for a regime that has long used the anti-semitism card to […]

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Tunisia’s Agriculture minister to provide $9m financing to farmers

Tunisia’s Agriculture ministry announced Wednesday August 16 several financing plans for small farmers to the tune of $9 million in view of supporting the sector. The financing will come from State-run Banque Tunisienne de Solidarité (BTS), as result of the agreement with the agriculture department, “Tunisie Numerique” reports. The bank per the deal will provide […]

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Tunisia unveils new measure to boost tourism

Tunisian Tourism Minister, Mohamed El Moez Belhassine, has presented a set of new measures to promote the North African country’s destination. In an interview with State-run news agency TAP, Belhassine indicated that his ministry and stakeholders of the sector have decided to create a “Higher Council of Tourism” that will play a coordination mechanism role […]

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Tunisia: President fires cereals authority chief amid rising prices

Tunisia’s President Kais Saied has fired Béchir Kthiri, the Chief Executive Officer (CEO) of cereals Authority amid rising prices that he imputed, few days ago, to monopoly. The presidential office Monday August 14 indicated that Kthiri has been replaced by Salwa Benhadid Zouari. The office added that the President ordered the ministry of Justice to […]

Headlines Tunisia

Five detained in Tunisia’s Kasserine governorate for organ trafficking

Five people including a Syrian-Turkish national have been arrested for organ trafficking in Tunisia’s impoverished Kasserine province, a judiciary source has told a local media. Slah Eddine Rachdi, prosecutor and spokesperson for the Kasserine Court of First Instance told Mozaique FM Sunday August 13 that the arrest came following an arrest warrant issued Friday August […]