Wednesday 3 September 2014
 
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Tunisia

IMF approves $217m loan for Tunisia

The International Monetary Fund said on Friday it had completed a review of its loan programme for Tunisia, clearing the way for disbursement of about $217.5 million. The latest disbursement brings the total funds released under t

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Tunisia's economic growth slows in Q2

Tunisia's economic growth slowed to two per cent year on year in the second quarter reflecting a broad-based slowdown, the state statistics institute said on Wednesday. The economy had expanded by 2.2 per cent in the first qua

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US to sell Tunisia 12 Black Hawks to aid militant fight

The US is planning to sell Tunisia a dozen advanced attack helicopters as Washington seeks to help the North African state stamp out a mounting threat from Islamist militants. "We asked the US to give us about 12 Black Hawks,"

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Abraaj acquires majority stake in Tunisian hospital

The Abraaj Group, a leading investor operating in global growth markets, has acquired a majority stake in Polyclinique Taoufik, a leading private hospital in Tunisia, through its funds.   Based in Tunis, Clinique

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Dusit plans new resort in Tunisia

Dusit International has signed on to open a new resort, the Dusit Thani Samara Sousse, located within the historic city of Sousse, the third largest city in Tunisia. On the east coast of the country, Sousse is one of its most popu

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Mebaa to host business aviation event in Tunisia

The Middle East and North Africa Business Aviation Association (Mebaa), the official representative of the business aviation industry in the Mena region, is set to host a conference in a bid to unite the region’s business aviation indust

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Tunisia to trim fuel, sugar, bread subsidies

Tunisia will raise subsidised petrol prices by 6.3 percent in the coming days and also decrease subsidies for bread, sugar and other basic materials to trim its worsening budget deficit, the government said. Subsidies are a sensit

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Al Baraka Tunis income up 25pc

Al Baraka Bank Tunis, a subsidiary banking unit of Al Baraka Banking Group (ABG), said its net income for last year increased by 25 per cent to $6.5 million. Total income stood at $30 million, increasing by 8 per cent compared wit

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Tunisia offers $1.26bn projects to Arab funds

Tunisia is offering infrastructure and development projects worth 1.99 billion dinars ($1.26 billion) to various Arab funds during an Arab ministers' summit in Tunis on Tuesday, a government official said. "It is a projec

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Tunisia cuts 2014 growth forecast to 2.8pc

Tunisia's government has cut its economic growth forecast to 2.8 percent for this year, which is in line with the IMF's forecast, Finance Minister Hakim Ben Hamouda said on Monday after meeting with a delegation from the International Mo

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