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Tunisia: Fitch affirms national ratings of 8 Tunisian NBFI; upgrades Enda to BBB

Fitch Ratings has affirmed the National Ratings of eight Tunisian leasing and factoring companies and upgraded the National Long-Term (LT) Rating of Enda Tamweel...

Tunisia: Food trade deficit narrows to TND 768 million in September

The food trade deficit narrowed to TND 768 million, at the end of September 2023, compared with TND 1,950.2 million for the same period...

Tunisia has borrowed around TND 1,150 million from local banks in 2023

Tunisia has borrowed about TND 1,150 million in foreign currency from local banks since the beginning of 2023 under two syndicated loans. This amount is...

Tunisia: textile exports up by around 10%

"Tunisia has a competitive advantage in the textile and clothing sector compared to many other countries. It is also an attractive destination for investment...

Tunisia: Trade deficit continues to narrow to TND 14 billion at end-September

Tunisia's trade deficit continued to narrow at the end of September. According to data published by the National Institute of Statistics (INS), it narrowed...

Tunisia: One Tech Holding withdraws from packaging and sells Helioflex

One Tech Holding group, which specializes in automotive, energy, industrial and telecommunications sectors, recently signed a share sale agreement under which the group will...

Tunisia: IMF maintains country’s growth projection at 1.3% in 2023

The International Monetary Fund (IMF) has maintained its growth projections for the Tunisian economy at 1.3% in 2023, compared with 2.5% in 2022, and...

Tunisia: New Body Line increases turnover by 25% until end of September

New Body Line is the first company to publish its business indicators for the third quarter of the current year. In the third quarter, the...

Tunisia: Bulgarian Akumplast’s Tunisian unit to start production in early 2024

Bulgarian plastics manufacturer Akumplast expects its recently created Tunisian unit to start production of battery cases in early 2024 to support the expansion of...

Tunisia: UNIMED announces plans to establish industrial subsidiary in Sultanate of Oman

UNIMED has just announced that its Board of Directors, meeting on Thursday, September 28, 2023, has authorized the project to create an industrial subsidiary...

Tunisia: foreign exchange reserves cover 120 days of imports, highest since June 2022

As of October 6, 2023, Tunisia's net foreign exchange reserves stood at 26.955 billion dinars, covering 120 days of imports, the highest level since...

Hyundai Motor Group Showcases Art Cars in New York City Supporting Busan’s Bid for the 2030World Expo

·         Hyundai Motor Group to display art cars in key landmarks in New York City including Genesis House New York to support Busan’s bid...
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