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Tunisia: domestic crude oil production rises 19% in January 2021

The domestic production of crude oil went up 19% in January 2021 compared to January 2020, standing at 167 thousand tons (kt). According to the...

AfDB named World’s Best Multilateral Financial Institution 2021 by Global Finance

Prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, named the African Development Bank as the “Best Multilateral Financial Institution in...

Hikma ends purchase talks with GSK related to assets in Egypt, Tunisia

Hikma Pharmaceuticals PLC on Thursday ended talks regarding the potential acquisition of GlaxoSmithKline PLC's businesses in Egypt and Tunisia. At the end of January, Hikma...

Tunisia: bank refinancing sees annual rise of 4.4% and MMR too

Contributions to the economy continue to accelerate from an annual rate of 4.4% in December 2019 to 9.3% in December 2020. The average monthly volume...

Tunisia: Dinar appreciates against Dollar and depreciate against Euro in February

Foreign exchange reserves stood at 21 957 MD, equivalent to 155 days of imports, at the end of February 2021, against 19,111 MD in...

Tunisia: trade deficit narrows 22% to 1.9 billion dinars at end February

The trade balance deficit narrowed by 424.6 million dinars (-22.4%) at the end of February to 1.9 billion dinars, compared to 2.3 billion during...

Tunisia participates in 46th edition of “FOODEX 2021”

Tunisia is currently participating in the 46th edition of the international food and beverage exhibition "FOODEX 2021" held from March 9 to 12, 2021...

Restructuring of TAV Tunisia’s debt totaling €435.1 million

International business law firm Clifford Chance has announced the restructuring of the debt of TAV Tunisia totaling €435.1 million. Clifford Chance advised TAV Tunisia and...

Tunisia: Euro-Cycles announces profit of 16 million dinars in 2020

The company Euro-Cycles announced that its Board of Directors, meeting on Thursday, March 04, 2021, reviewed the company's activity during the financial year 2020...

Tunisia: inflation stabilizes for 4th consecutive month in February at 4.9%.

The inflation rate stabilized for the fourth consecutive month in February at 4.9% according to the National Institute of Statistics (INS). This stability is the...

Would Tunisia expect to import agricultural products other than grain in 2021?

The Ministry of Trade and Export Development and the Tunisian Union of Agriculture and Fisheries (UTAP) recently agreed to create regional committees and a...

Sustainable fashion: UNIDO and Nudie Jeans to recycle second-quality jeans in Tunisia

Second-quality jeans are those that don’t quite meet quality standards – the wash may be too dark, the stitching may not be quite right...
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