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Tunisia: banks’ near-term prospects still very challenging (FITCH)

The Tunisian banking sector's credit quality is likely to weaken further in 2021 as the operating environment for banks remains challenging in the aftermath...

Tunisia: reported investments in services up 7% at end May 2021

Investments reported in services have increased by 7%, to 375.5 million dinars (MD) until end May 2021, compared with the same period in 2020. The...

ASSAD Group announces a net loss of 4.7 million dinars in 2020

The Tunisian Accumulator Group ASSAD has just published its consolidated financial statements closed on December 31, 2020. Penalized by the combined effect of lower revenues...

Tunisia: 169.8 MD of private agricultural investments approved until end May 2021

Private agricultural investments approved by the Agency for the Promotion of Agricultural Investment (APIA) went up 83% in value, to 169.8 million dinars (MD),...

Tunisia: domestic demand for petroleum products up 18% at end April 2021

The national demand for petroleum products went up 18% at the end of April 2021 to 1476 thousand tons of oil equivalent (toe). It has...

Tunisia: SOMOCER Group announces loss of 15 million dinars in 2020

The “Societe Moderne de Ceramique” (SOMOCER) has just published its consolidated financial statements for the year ended December 31, 2020 as they will be...

Tunisia: MSC Cruises will be back, after 7-year absence

The Swiss company Mediterranean Shipping Company (MSC Cruises) will be back to Tunisia after 7 years of absence and will reschedule the Tunisian destination...

Tunisia: SOTEMAIL suffers net loss of 6 million dinars in 2020

SOTEMAIL has just convened its shareholders to an Ordinary General Meeting, which will be held on Monday, July 05, 2021, in order to rule...

Tunisia: APIA and MEDREC sign agreement on energy saving, sustainable development

The Agency for the Promotion of Agricultural Investments (APIA) and the Mediterranean Renewable Energy Center (MEDREC) signed, Thursday in Tunis, a framework partnership agreement,...

Tunisia: Tunisair Express to operate Tunis-Rome service soon

Tunisair Express, a subsidiary of Tunisair, will inaugurate from July 4, 2021, a new service from Tunis-Carthage to Rome-Fiumicino, as part of the extension...

Tunisia: financial bids for sale of Carthage Cement to open June 22

The company Al Karama Holding has just announced that the opening session of financial bids relating to the international tender for the same of...

Tunisia: “Les Ciments de Bizerte” reduces its losses by 95% in 2020

The company Les Ciments de Bizerte has just published its annual financial statements for the year ended December 31, 2020 at the end of...
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