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Tunisia: trade deficit exceeds 19 billion dinars at end of September

Tunisia’s trade balance deficit has reached 19.2 billion dinars at the end of September 2022, against 11.9 billion during the same period in 2021,...

Fitch alerts Tunisian banks

“Tunisian banks’ profitability, which rebounded close to pre-pandemic levels in 1H22, should help mitigate weaker operating conditions, but credit risks are emerging, with asset-quality...

Tunisia: Zollner to open production site in Enfidha early 2023

German EMS provider Zollner Elektronik says that it is opening an additional site on the east coast of Tunisia. The first step is to start...

Tunisia: Carthage Cement sees its revenues rise 10% to TND 262 million

Carthage Cement reported a turnover of 262 million dinars at the end of September 2022, compared to 239 million for the same period of...

Tunisia: IMF forecasts 2.2% growth in 2022 and 1.6% in 2023

The International Monetary Fund (IMF)’s World Economic Outlook (WEO) has just been released. The IMF maintains its forecast of growth of the Tunisian economy...

Hyundai Motor Group Announces Future Roadmap for Software Defined Vehicles at Unlock the Software Age Global Forum

Hyundai Motor Group (the Group) to transform customer experience and deliver an unprecedented era of mobility via constantly evolving software technology Constantly upgradeable software will...

Tunisia: domestic food price increase among slowest in Africa

With a domestic food price inflation of 11% over the period May-August 2022, compared to the same period last year, Tunisia is among the...

Tunisia: TPR increases its revenues by 46% to 147 million dinars at end of September

The company TPR (Tunisie Profilés Aluminium) has managed to maintain the same upward trend of its turnover recorded since the beginning of the year,...

Tunisia: Ekuity Capital increases its stake in SAH Lilas to over 6%

Ekuity Capital, formerly known as Consortium Tuniso-Koweitien de Développement (CTKD), has crossed the threshold of 5% in the capital of Société d'Articles Hygiéniques (SAH...

Tunisia: value of fruit exports rises to over 135 MD at end of September 2022

The value of Tunisia’s fruit exports has increased by 51.9 million dinars, between 2021 and 2022 (9 months), to 135.6 MD, according to data...

Tunisia: STEG suffers net loss of 42 million dinars in 2021

The Tunisian Electricity and Gas Company (STEG) has published its annual report of activity for the year ended December 31, 2021, including financial statements...

Tunisia: current account deficit widens to 5.8% of GDP at end of August 2022

The Executive Board of the Central Bank of Tunisia (BCT) met on October 5, 2022 and reviewed recent economic and financial developments and the...
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