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Tunisia: Philanthropist Hazem Ben-Gacem finances fashion brand LYOUM

Tunisian fashion brand LYOUM is eyeing new product ranges and expansion in international markets after an investment of €500,000 from Tunisian philanthropist Hazem Ben-Gacem...

Tunisia: Euro-Cycles improves its turnover by 30% in 2019

The Euro-Cycles company achieved a turnover of 87.5 million dinars on December 31, 2019, i.e. an increase of 30%, while production (in volume) posted...

Tunisia: 195 projects funded under Raida Program in Kasserine

The total number of projects funded under the Raida program (Program for the Promotion of Women Entrepreneurship), has reached 195 projects in the governorate...

Tunisia tenders to buy durum, soft wheat and barley

Tunisia's state grains agency has issued an international tender to purchase around 117,000 tons of durum wheat, 100,000 tons of soft wheat and 75,000...

Tunisia ranks 4th in Africa, 25th globally in Global Retail Development Index 2019

Tunisia has been ranked 25th in the world in the 2019 Global Retail Development Index that studies global retailing landscape, moving down one spot...

Tunisia: Carthage Cement increases capital by 172 MD for restructuring

The Financial Market Council (CMF) has just granted its approval to Carthage Cement (a confiscated company) to increase its capital from 172 million dinars...

Tunisia has tax burden of more than 20% of GDP

Tunisia has a tax burden of more than 20% of GDP, considered the highest in the Arab region and with a score of 74.4%,...

Tunisia: Meuble Intérieurs sees its turnover increase by 17% in 2019

The Company “Atelier du Meuble (SAM) "Intérieurs", specializing in the design, manufacture and marketing of office furniture, has posted double-digit growth in 2019. At the...

Tunisia: Engie/ Nareva consortium to build photovoltaic solar power plant in Gafsa

A consortium formed by the French company Engie and the Moroccan company Nareva has been declared preferred bidder for the construction of the Gafsa...

Tunisia: Advans Tunisie signs €2-million loan agreement with EBRD to boost SMEs

A €2-million (around 6.5 million dinars) loan agreement was signed Wednesday in Tunis between the European Bank for Reconstruction and Development (EBRD) and Advans...

Tunisia: MSC Cruises seals joint venture deal for local port operator

A joint venture involving MSC Cruises has finalized the takeover of the operator of the cruise port for Tunis. The European cruise line teamed up...

Tunisia: Inflation slows to 6.7% in 2019

The average annual inflation rate slowed to 6.7% in 2019 from an average of 7.3% a year earlier, according to data published by the...
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