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Tunisia: Carthage Cement announces net loss of 51 million dinars in 2019

Carthage Cement has just called its shareholders to an Ordinary General Meeting to be held on Friday August 28, 2020 to approve the financial...

Tunisia: current account deficit shrinks to 4.5 billion dinars by end June

The current account deficit shrunk to 4.52 billion dinars, i.e. 4% of GDP at the end of the first half of the year, from...

Tunisia: public sector payroll up 13.5% in 2019 (BCT)

The public sector payroll rose 13.5% in 2019 to 16,767 million Tunisian dinars (MD) against 14,776 MD in 2018, the Central Bank of Tunis...

Tunisia: Zenith seeking a $2 million investment from an Arab consortium

Zenith Energy Ltd. announced that it has extended the duration of the non-binding Letter of Intent (LOI) signed with an Arab consortium of strategic...

Tunisia: trade deficit narrows by 3596.7 MD at end July

The trade deficit has narrowed to 7,567.1 million dinars (MD) by late July down from 11,163.8 MD in the same period last year, figures...

Tunisia: domestic demand for petroleum products down 16%

The domestic demand for petroleum products saw a 16% drop between the first half of 2019 and the first half of 2020, to 1858...

Tunisia: BCT expects inflation to fall sharply in Q3 2020

The trend of disinflation is expected to continue over the coming period, the Central Bank of Tunisia (BCT) said in a note on economic...

Tunisia: SOTUMAG improves its net profit by nearly 50% in 2019

The Société Tunisienne des Marchés de Gros (SOTUMAG), on Monday August 10, published its financial statements as at December 31, 2019 as they will...

Tunisia: Tunisair announces revenues of 282 MD at end June 2020

The activity indicators for the second quarter of 2020 published by Tunsiair show a 97% decrease in the number of passengers for all activities...

Tunisia: subscriptions to “ADVANS SUBORDONNE 2020-1” bond closed

Stock exchange broker, MAC SA, announced that the subscriptions to the subordinated bond loan "ADVANS SUBORDONNE 2020-1" of 6 million dinars, issued without recourse...

Tunisia: STB Bank realizes a NBI of 273 million dinars in the first half of the year

The activity and performance indicators of the “Société Tunisienne de Banque” (STB) show a net banking income down by 2.7%, at the end of...

Tunisia: “BH Assurance” improves its half-yearly turnover by 4% to nearly 68 MD

The global turnover of “BH Assurance” Company amounted to 67.8 million dinars, at the end of the first half of the current year, against...
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