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Tunisia: Tunisia to be showcased in ”E- Commerce Paris 2009”

Tunisia will take part in “E- Commerce Paris 2009”, on September 29, 2009 at the Park des Expositions Porte de Versailles, in Paris. The event which will run till October 1st, 2009 will see the participation of 8 Tunisian companies. 450 exhibitors and 350 speakers will take part in the 6th edition of “E-commerce Paris 2009”, ...

Tunisia: Accessions to Upgrading Program on the rise

Companies are increasingly joining the Tunisian Upgrading Program. During the first 7 months of 2009, they were 198 to be involved in this program, against just 112 during the corresponding period of 2008 and 142 for the same period of 2007, according to statistics rereleased by the Upgrading Office.  In doing so, the decline in  accessions registered in 2008 is clearly bridged over this year ...

Tunisia: Launching of a 40 million Euros credit line for Tunisian SMEs.

As part of his last activities before the end of his mission in Tunisia, a day-information  organized , on Monday at the premises of  Utica, provide  Serge Degallaix, Ambassador of France to Tunis, the opportunity to review  moves designed  to further strengthen the Tunisian-French partnership. He said that the fact that France is the first partner of Tunisia, ...

Tunisia: 4.6-per-cent growth and 14.8-per-cent investment rise in 2008

The Central Bank of Tunisia (BCT)'s 2008 annual report, just released, shows a 14.8-per-cent rise in the volume of investments in 2008, its rate reaching 24.9% of the GDP, thanks to continuity of reforms, particularly the improvement of business climate and encouragement of private ...

Capital Intelligence affirms National Bank of Umm Al Qaiwain ratings

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed National Bank of Umm Al Qaiwain’s (NBQ) foreign currency ratings at BBB+ long-term and A2 shortterm. The ratings are underpinned by its ownership by the government of Umm Al Qaiwain. The financial strength rating is maintained at BBB reflecting good ...

Tunisia: Central Bank maintains its key rate

The Executive Board of Tunisia’s Central Bank which  met on Thursday , said , in a press release , that despite ongoing fallouts of the financial crisis on the world economy, the international environment ...

Tunisia: Zitouna Bank to be launched late Q1 2010.

Since receiving approval in late December 2008, the founder and promoter of Zitouna Bank, Mohamed Sakher E Elmateri, President of Princess Elmateri Holding Group, has mobilized all the human, technical and financial means necessary to succeed in this project: "With a goal of launching the bank during the  first quarter 2010, we wanted to give this project all the ingredients to its  success by  drawing ...

Tunisia: Fitch affirms BNA, STB and BIAT at Support 2

Fitch Ratings has today affirmed Tunisia-based Banque Nationale Agricole's (BNA) and Societe Tunisienne de Banque's (STB) respective Support ratings at '2'. BNA and STB's ratings reflect the high probability of support from the Tunisian government in case of need, given their majority ownership by the Tunisian state. The ratings further reflect the strategic roles the two banks play in the country's economy and their systemic importance ...

Tunisia is providing high-level training in engineering

Economic companies’ needs in engineers and the Tunisian experience in the area of training of its executives were the focus of a seminar held Monday at the Tunis City of Science on the theme: “Engineers’ Training: New Trends,” with the participation of directors of French engineering higher schools. Minister of Higher Education ...

Tunisia: Italy, major economic partner

Silvio Berlusconi, Italian Prime Minister, is paying, on Tuesday, a working and friendship visit to Tunisia. According to Tunis Afrique Presse Agency, This visit takes place in a context marked over the past years by a significant dynamic in different political, economic, social and cultural areas, in particular after the signing of the Friendship ...

Tunisia: SMIG and SMAG on upward trend

The guaranteed minimum wage (SMIG) and the guaranteed minimum agricultural wage (SMAG) increased once more in Tunisia starting from August 1, 2009. This increase, the 28th since 1987, will benefit nearly 280 thousand workers. It materialises ...

Tunisia: Perceiving otherwise expatriates

In recent days, many events have been organized in connection with Tunisians residing abroad, about 10% of the Tunisian people, and whose contribution to the national economy is becoming increasingly important. That is not due only to remittances transferred , but also thanks to other more decisive factors that are involved ,i.e. the full potential ...
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