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Tunisia: BIAT will increase its capital to 178.5 million dinars

The Extraordinary General Meeting of BIAT shareholders, which will be held remotely on June 3, 2020, the same day as the OGA, should rule...

Tunisia: ADWYA halves its net profit in 2019

ADWYA has published its financial statements for the year ended December 31, 2019. Its statements show a net profit of 1.5 million dinars, against 3.1...

Tunisia sees historic drop in external trade in April

The results of Tunisia's foreign trade at current prices in April 2020 show a 48.9% decline in exports compared to the same month of...

Tunisia: Ciments de Bizerte reports local turnover surge in Q1

The local turnover of Les Ciments de Bizerte posted an 18.69% rise in Q1 of 2020 compared to the same period in 2019, going...

Tunisia: Délice Group increases profit by 50% over 46 million dinars in 2019

The Délice Group has just published its financial statements for the financial year ending December 31, 2019. These statements show a Net Profit Group Share...

Tunisia’s trade deficit drops by 1.5 billion dinars at end April

Tunisia's exports recorded a fall of -20.6% at the end of April, against an increase of +16.5% in the four months of 2019, to...

Tunisia: budget balance will see its first deterioration in four years (Fitch Ratings)

The pandemic-related shock will cause the first deterioration in the budget balance in four years, according to Fitch Ratings‘forecasts. While the government's target is a...

Tunisia tenders to buy 67,000 tons wheat

Tunisia’s state grains agency has issued an international tender to purchase around 67,000 tons of soft milling wheat, European traders said on Wednesday. The origin...

Tunisia: EBRD projects negative growth of -2.5% in 2020

Tunisia's Real Gross Domestic Product (GDP) growth is projected to be negative, at -2.5% in 2020 before picking up to 2.5% in 2012, according...

Tunisia to launch its first satellite in July

Despite the disruption caused by the coronavirus pandemic, Tunisia is determined to move forward with the launch of its first satellite. The Tunisian company in...

Air Liquide Tunisia announces a net profit of 9.5 million dinars in 2019

Air Liquide Tunisie published its financial statements for the year ended December 31, 2019. The major industrial player in the Tunisian economic fabric made...

Tunisia: Fitch downgrades country’s rating to ‘B’; outlook stable

Fitch Ratings has downgraded Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B' from 'B+'. The Outlook is Stable. The downgrade reflects the aggravation in...
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