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Tunisia: TND appreciates against $ and depreciates against € at end October 2023

The Tunisian dinar appreciated against the US dollar between 2022 and 2023 (as of 31 October). The US currency now trades at 3.169 Tunisian...

Tunisia: Zenith launches international arbitration against ETAP

Zenith Energy has launched international arbitration in Paris against state-owned Entreprise Tunisienne d’Activités Pétrolières (ETAP). Zenith CEO Andrea Cattaneo described the move as “deeply regrettable”....

Tunisia: SAH Lilas Group announces H1 profit of over TND 12 million

Société d'Articles Hygiéniques (SAH) has published its consolidated interim financial statements for the period ended June 30, 2008. These accounts show a net profit (Group...

Tunisia: BIAT signs $50 million guarantee agreement with EBRD

Banque Internationale Arabe de Tunisie (BIAT) has signed a 156-million-dinar ($50 million) guarantee agreement with the European Bank for Reconstruction and Development (EBRD). The...

Austrian company & Bonna Tunisie win 82-million-dinar contract from SONEDE

A consortium made up of the Austrian company GIS AQUA NORTH AFRICA and the company Bonna Tunisie has won a contract from the National...

Tunisia buys soft wheat, barley in tender – traders

Tunisia’s state grains agency is believed to have purchased about 100,000 metric tons of soft wheat and 75,000 tons of animal feed barley to...

Tunisia: Ecomarc, a successful transition from the laboratory to the market place

Hamdi Ahmed, a doctor of chemistry, is the founder and CEO of the Tunisian company, Ecomarc. After discovering the potential of nutrient-rich coffee grounds...

Tunisia: Foreign exchange reserves fall to 112 days after Eurobond redemption

Tunisia's foreign exchange reserves fell by almost 7 days to 112 days, on October 30, compared with 119 days the previous day. This decrease follows...

Tunisia: TUNISAIR reduces its losses in 2019 to TND 180 mln from 234.4 mln in 2018

The Board of Directors of TUNISAIR announced on Friday, October 27 that an Ordinary General Meeting of the company will be held on Tuesday,...

Tunisia: SOTETEL increases turnover by 17% to TND 40 million at end September

SOTETEL continued its dynamic revenue growth in the third quarter of this year. The subsidiary of the incumbent operator Tunisie Télécom generated revenues of TND...

Tunisia: VA TECH WABAG signs a TND 215.2 million contract with SONEDE!

India's VA TECH WABAG, a global pioneer in the water sector, has been awarded a contract worth TND 215.2 million dinars by the Tunisian...

Tunisia: Tourism receipts and workers’ remittances hit TND 12.3 billion as of October 20

Tourism receipts and cumulative workers' remittances reached more than TND 12.3 billion by 20 October, according to data released by the Central Bank of...
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