Tag: TunisiaFeatured

  • BH SEES ITS PROFITS GROW 18% TO 136 MILLION DINARS IN 2018

    BH SEES ITS PROFITS GROW 18% TO 136 MILLION DINARS IN 2018

    The Banque de l ‘Habitat posted a net profit of 136.3 million dinars in 2018 compared to 115 million dinars in 2017, up 18%, according to the draft resolutions to be submitted for approval at the Ordinary General Meeting set for April 30. The Bank’s shareholders who were convened to the Ordinary General Meeting will […]

  • TUNISIA: BT ANNOUNCES NET PROFIT OF 110 MILLION DINARS IN 2018

    TUNISIA: BT ANNOUNCES NET PROFIT OF 110 MILLION DINARS IN 2018

    The Board of Directors of Banque de Tunisie (BT) met on March 15, 2019 to approve the financial statements of the bank for the year ended December 31, 2018. These statements show a net profit of 110 million dinars, against 136 million in 2017, i.e. a decrease of 19%. This decline is the result of […]

  • BANKS’ LIQUIDITY NEEDS STAND AT 15.837 MD IN JANUARY 2019

    BANKS’ LIQUIDITY NEEDS STAND AT 15.837 MD IN JANUARY 2019

    The needs of banks in liquidity eased somewhat in January 2019, amounting to 15,837 MD, after reaching 16,049 MD in December 2018, according to the report of the BCT on ‘Economic and Monetary Developments and Medium-term Prospects, February 2019’ released on Friday. This slight easing is due in particular to an expansionary effect induced by […]

  • AFREXIMBANK COMMITS $500M TO TUNISIA-AFRICA TRADE, INVESTMENT

    AFREXIMBANK COMMITS $500M TO TUNISIA-AFRICA TRADE, INVESTMENT

    The African Export-Import Bank (Afreximbank) is to implement a Tunisia-Africa Trade and Investment Promotion Programme (TATIPP) with an initial commitment of $500 million to promote trade between Tunisia and the rest of Africa. Speaking in Tunis, yesterday, during a meeting with President Beji Caid Essebsi of Tunisia, the President of Afreximbank, Prof. Benedict Oramah, said […]

  • STEG GETS $ 154 MILLION FROM ITFC

    STEG GETS $ 154 MILLION FROM ITFC

    The Tunisian Electricity and Gas Company (STEG) and the International Islamic Trade Finance Corporation (ITFC) signed a credit agreement of $ 154 million (about 462 million dinars) on Tuesday, 5 February. CEO of STEG Moncef Harrabi said this amount will balance the accounts of the STEG which faces a critical situation due to the increase […]

  • TUNISIA-AFREXIMBANK:TALKS UNDERWAY FOR $ 500 MILLION TO BOOST TRADE AND INVESTMENT AMONG AFRICAN COUNTRIES (CEO)

    TUNISIA-AFREXIMBANK:TALKS UNDERWAY FOR $ 500 MILLION TO BOOST TRADE AND INVESTMENT AMONG AFRICAN COUNTRIES (CEO)

    Discussions are still ongoing with the Tunisian authorities on the allocation of $ 500 million to boost trade and investment opportunities between Tunisia and African countries, Benedict Okey Oramah, CEO of the African export-import bank (Afreximbank). Speaking after a meeting with President Beji Caid Essebsi on Monday at Carthage Palace, the official added that Tunisian […]

  • ONH PLANS TO PROMOTE PACKAGED OLIVE OIL IN BRAZILIAN MARKET

    ONH PLANS TO PROMOTE PACKAGED OLIVE OIL IN BRAZILIAN MARKET

    The National Oil Office (French: ONH) plans to organise a promotional operation of Tunisian packaged olive oil in the Brazilian market so as to make the Tunisian brand known among Brazilian consumers. Tunisia will, in 2019, target the Brazilian market, which is one of major olive oil importer countries and has Brazilians from Italian, Portuguese […]

  • PILOT PROJECT FOR USE OF DRONES IN AGRICULTURAL SECTOR LAUNCHED

    PILOT PROJECT FOR USE OF DRONES IN AGRICULTURAL SECTOR LAUNCHED

    The pilot project on the use of drones for better management of development projects in the agricultural sector was launched on Friday. This project is the result of a partnership agreement concluded on 26 July 2018 between Tunisia, the African Development Bank (AfDB) and the municipality of Busan in South Korea. The Korean fund KOAFEC, […]

  • Tunisia grants licences to 120 MW of wind projects

    Tunisia grants licences to 120 MW of wind projects

    Tunisia’s Ministry of Industry and Small and Medium Enterprises has awarded licences to four onshore wind projects totalling 120 MW under its authorisation scheme for projects in the renewables sector. The projects represent a combined investment of TND 400 million (USD 134.5m/EUR 117.6m), Tunis Afrique Presse (TAP) reports. Winners in the competition are four companies, […]

  • Tunisia ranked 48th in social progress

    Tunisia ranked 48th in social progress

    With an overall score of 73.07 out of 100, Tunisia was ranked 48th in terms of social progress according to the Social Progress Index.   Our country ranks after the United Arab Emirates (45), but ahead of Qatar (57), Jordan (62), Oman (66), Lebanon (73), Algeria (74), Turkey (75) ), Morocco (76), Saudi Arabia (85) […]