Day: March 11, 2017

EU home to over 5,000 criminal groups

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More than 5,000 international organised crime groups are operating throughout the EU, up from 3,600 in 2013. Europol, the EU police agency, said in a report on Thursday (9 March) that the latest figure is more a reflection of an improved intelligence picture rather than an absolute increase in the number of gangs. “It is also an indication of shifts in criminal markets and the emergence of smaller groups and individual criminal entrepreneurs,” said Europol’s director Rob Wainwright. Around 60 percent of those involved in the groups are EU nationals,…

Nasdaq Dubai joins hands with Tunisian bourse

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Nasdaq Dubai, the international exchange serving the Middle East and North Africa (Mena) region said it has joined hands with Bourse de Tunis to explore collaboration possibilities, including initiatives regarding existing and future issuers and listings on the two exchanges. Ways to promote Islamic capital markets products and solutions will also be considered under the MoU, together with supporting potential links between central securities depositories in the respective jurisdictions, remarked Hamed Ali, the chief executive of Nasdaq Dubai, after signing the deal with Bilel Sahnoun, chief executive of Bourse de…

Tunisia: industrial sales prices increase 2.7% in January

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The index of industrial sales prices rose by 2.7% year on year in January 2017, according to figures published by the National Institute of Statistics (INS). This increase, explained the INS, is mainly due to higher prices for manufacturing products by 1.9% and prices of extractive products by 8.4%, due to the rise in prices of energy extraction products by 10.4% and non-energy products by 1.9%. Compared to December 2016, the Industrial Selling Price Index rose 0.8% after a 0.5% increase in December 2016. Prices for manufacturing products grew 0.9%…

Tunisia ready to host AFRAA’s Aviation Stakeholders Convention

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The African Airlines Association (AFRAA) in partnership with Tunisair, will stage the 6th Aviation Stakeholders Convention from 07-09 May 2017 at the Medina Mediterranea in Yasmine Hammamet – Tunisia. The Convention is being organised with the view to fostering dialogue, building sustainable networks in supply chain management, creating a competitive environment for aviation business in the continent. The event has been endorsed by the Civil Aviation Authority of Tunisia and is expected to bring together about 400 participants consisting mainly of airlines, Civil Aviation Authorities, airports, Air Navigation Service Providers,…

German police order Essen shopping mall shut due to attack threat

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Germany is on high alert following major radical Islamist attacks in France and Belgium and after a failed asylum seeker from Tunisia drove a truck into a Christmas market in December, killing 12 people. Police in the western German city of Essen have ordered a shopping centre in the centre of town to remain closed on Saturday due to “concrete indications about a possible attack”. “The current state of our investigations points to the threat being exclusively at the shopping centre,” said the police in a statement, adding it could…