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Tunisia: EBRD Provides EUR 300 Million Loan to STEG

The European Bank for Reconstruction and Development (EBRD) provided a €300-million financing package (the equivalent of 970 million dinars) to the Tunisian Electricity and...

Tunisia: BCT keeps its key interest rate unchanged at 6.25%.

The Executive Board of the Central Bank of Tunisia (BCT) held its periodic meeting remotely on February 3. At the beginning of its work, it...

Tunisia: 14 automotive and aeronautics firms receive €190,000 in response to COVID

Fourteen companies operating in the automotive and aeronautics sectors received financial support of €190,000 (the equivalent of 620,000 dinars), as part of the support...

Tunisia: “Air Liquide” improves its revenues by 13% to 34 million dinars in 2020

The company “Air Liquide Tunisia” recorded a 158% increase in sales in Q4 2020. This strong growth is mainly due to an increase in oxygen...

Tunisia: ASSAD sees its revenues drop by 14% to 102 million dinars in 2020

The company L'Accumulateur Tunisien “ASSAD” achieved a turnover of 102.5 million dinars in 2020, compared to 119.9 million the previous year, a decrease of...

Tunisia: MMR rises again to 6.15% after five consecutive months of decline

The average Money Market Rate (MMR) edged up slightly in January to 6.15%, after five consecutive months of decreases. This average rate has been on...

Tunisia climbs up 5 spots in TI’s Corruption Perceptions Index

Tunisia moved up five spots to 69th in Transparency International (TI)’s Corruption Perceptions Index (CPI) for 2020. The index was created in 1995. It is...

Tunisia: “Les Ciments de Bizerte” sees 7% increase in income in 2020

The company “Les Ciments de Bizerte” achieved a turnover of 111 million dinars in 2020, compared to 103.2 million a year earlier, a growth...

BIAT reports NBP of 936 million dinars in 2020

The Banque Internationale Arabe de Tunisie (BIAT) is proving resilient thanks to its financial strength and the relevance of the choices adopted to face...

Tunisia: EBRD and Attijari bank sign €20 million risk-sharing facility

The European Bank for Reconstruction and Development "EBRD" and Attijari bank Tunisia have signed an agreement on a risk-sharing facility (RSF) for an amount...

Tunisia’s gross external debt exceeds 100% of GDP

Tunisia's gross external debt (public and private) reached 108.7 billion dinars at the end of September 2020, representing 102% of GDP. It is expected to...

Tunisia: TUNISAIR announces revenues falling by 1.1 billion dinars in 2020

National carrier Tunisair has been hardly hit by the COVID-19 pandemic. In 2020, turnover fell by 70% to 483.1 million dinars, against 1.6 billion...
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