Tunisia expects to attract 5.5 million foreign tourists this year, about the same as last year, after increasing security at hotels and focusing on new markets to counter the fallout from militant attacks, the tourism minister said.
International Investment Bank (IIB) has exited from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at an attractive price of 7.1 Tunisian dinars ($3.5) per share through block sales on the Tunisian Stock Ex
International Investment Bank (IIB) has announced an exit from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at TND7.1 ($3.5) per share through block sales on the Tunisian Stock Exchange.
Tunisia's central bank said on Thursday tourism revenue in first two months in 2016 fell by 54 per cent to 182 million dinars ($90.21 million) compared with the same period of 2015.
The decline follows two major attacks by Isl
The World Bank plans to lend Tunisia $5 billion over five years to support democratic transition in the North Africa country and revive its economy, Tunisia country manager for the World Bank said on Friday.
The North African coun
US warplanes launched air strikes against a suspected Islamic State training camp in western Libya on Friday, killing more than 40 people, likely including a militant connected to two deadly attacks last year in neighbouring Tunisia.
Tunisia and the Islamic Development Bank (IDB) have signed an agreement to fund the gas turbine power plant in Mornaguia with a budget of $200 million, a report said.
The project with a cost of $309 million to be granted to the Tu
Tunisia has completed a 200-km (125 mile) barrier along its frontier with Libya to try to keep out Islamist militants, and will soon install electronic monitoring systems, Defence Minister Farhat Hachani said on Saturday.
Tunisia’s President has called for a bolstering of pan-Arab security co-operation to confront economic and political turmoil. President Beji Caid Essebsi was speaking as he met editors of local newspapers and Bahrain News Agency’s