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Tunisia: SOTUVER achieves historic performance at end of September

The SOTUVER announced to have achieved a cumulative turnover of about 116.6 million dinars, as of September 30, 2022, against 77 million dinars on...

Tunisia: SANIMED reports net loss of over 2 million dinars in H1

The company SANIMED has published its interim financial statements as of June 30, 2022. These statements show a net loss of 2.1 million dinars,...

Tunisia: foreign exchange reserves cover 106 days of imports, their lowest level in 3 years

The decline in net foreign exchange reserves of the Central Bank of Tunisia (BCT) continues. After briefly falling below 110 days of imports earlier this...

Tunisia: BCT raises its key rate and rate of interest on savings by 25 points

The Executive Board of the Central Bank of Tunisia (BCT), which met Wednesday, October 5, 2022, decided to raise the key rate of the...

Tunisia: Inflation hits new record high to 9.1% in September

Inflation reached a record high of 9.1% in September, fromr 8.6% in August, the National Institute of Statistics (INS) announced on Wednesday, October 5,...

Tunisia: 2.8 million tons of phosphate produced until end September

The production of the “Compagnie des Phosphates de Gafsa” (CPG) in commercial phosphate has amounted to 2.8 million tons, from the start of the...

Tunisia: Tunisair ready to operate flights to Libya’s Zuwara

Tunisair is ready to start flights to Zuwara airport from Tunis Carthage airport. Zuwara is located 102 km west of Tripoli and 60 km...

Global Innovation Index 2022: Tunisia still losing ground in terms of innovation

Tunisia fell two places in the latest Global Innovation Index. The country is ranked 73rd out of 132 countries with a score of 27.9...

Tunisia: startup Kumulus raises €1m for its atmospheric water generators

Tunisian start-up Kumulus Water, which specializes in hydrological engineering, has completed a new €1 million financing round to expand its activities. The funding raised from...

Agreement between IMF and Tunisia to be signed soon

"I can confirm that with Tunisia and Egypt we are in a very advanced stage of discussing staff level agreements, whether it would be...

Tunisia’s net foreign exchange reserves fall below 110 days of imports

The foreign exchange reserves of the Central Bank of Tunisia (BCT), on Monday, October 3, 2022, fell below the 110 days of imports. Indeed, Tunisia’s...

Tunisia: MMR stagnates in September after four consecutive months of increase

The average money market rate (MMR) stabilized in September after four consecutive months of increases. Indeed, the MMR in September stagnated at 7.03% after reaching...
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