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Tunisia: forex reserves cover 154 days of imports, highest in over 10 years

The stock of foreign exchange reserves of the Central Bank of Tunisia (BCT), on Tuesday, reached the equivalent of 22.2 billion dinars, an increase...

Tunisia: exports to Indonesia up in 2019

Tunisia's exports to Indonesia went up 70.2% in 2019 to $32 million (equivalent to 86 million dinars) while trade between Tunisia and this Asian...

Tunisia: Hilton signs deal to open Skanes Monastir Beach Resort

Hilton has announced an agreement with Societe Marhaba Beach to open Hilton Skanes Monastir Beach Resort. The upper upscale Hilton Hotels & Resorts property will...

Tunisia: euro passes above 3.300 dinars for first time since June 2019

The euro rose above 3.300 dinars to reach 3.306 dinars on the interbank market, the highest since June 2019. The single currency has exceeded for...

Tunisia: energy trade balance deficit down 37% (report)

The energy trade balance deficit has dropped from 6,298 million dinars in the first ten months of 2019 to 3,974 MD in the same...

Tunisia: 6 offers for acquisition of majority stake in Carthage Cement’s share capital

Six offers have just been filed for the acquisition of a majority block in the capital of Carthage Cement, Al Karama Holding announced Tuesday. The...

Tunisia: tourism suffers revenue loss of over €1 billion at end November

Tunisian tourism is facing an unprecedented crisis. The coronavirus pandemic has led to a 64% drop in tourism revenue over the first 11 months...

Tunisia: Expat remittances reach record of 5.2 billion dinars

Despite the health crisis, remittances from Tunisians residing abroad (TRE) are not decreasing. They far exceed tourism revenues or development aid. These remittances saw an...

Tunisia: UADH targets capital increase of at least 100 MD

The management of Universal Auto Distributors Holding (UADH) announced Thursday that a strategic partner may acquire a stake in the company directly or through...

Tunisia: Post Office and Vivo Energy sign partnership agreement

As part of the national de-cashing strategy, the Tunisian Post Office and Vivo Energy, the company that distributes and markets "Shell" products in Tunisia,...

Tunisia: Tunisair expects normal business to resume

Tunisair banks on the recovery of the health situation for a resumption of the normal pace of business activity in 2021. In a press release,...

Tunisia: Proparco supports ATL, a leasing company serving Tunisian SMEs

A €15 million loan was signed between Proparco (a subsidiary of French Development Agency) and the Arab Tunisian Lease (ATL), with the aim of...
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