The 4-hour workweek

Most of us are brought up in a culture where we are taught to follow a predetermined path : go to school, high school then college to get a good degree so later you can apply to a high-paying job and the higher the better. We often make the mistake of looking at wealth from a shallow perspective and here’s why: For example, a banker who makes 100.000$ a year  is considered wealthier than a teacher who makes 40.000$ a year . This is not true , simply because after…

ME hotel occupancy, rates down in Q1, Africa results positive

The hotel industry in the Middle East reported negative performance results during the first quarter of 2017, while hotels in Africa posted growth across the three key performance metrics, according to data from STR – a leading market research firm. Occupancy in the Middle East dropped 1.4 per cent to 70.5 per cent while average daily rate (ADR) slipped 6.8 per cent to $173.06, pushing revenue per available room (RevPAR) down 8.2 per cent to $122.07. Performance was down across all submarkets, with Al Khobar/Dammam and Jeddah reporting the most…

Cooperation with Tunisia is important from both an economic and security perspective

“Cooperation between Hungary and Tunisia is important from both an economic and security perspective”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI on Monday. Mr. Szijjártó told the press that during his visit to Tunis on Monday he had met with the Tunisian President and Foreign Minister. “Cooperation between Hungary and Tunisia is extremely important from both an economic and security perspective. From a security perspective because while there is peace and stability in Tunisia “we can be sure that hundreds…

Too Great Expectations?

The successful outcome of Tunisia’s municipal elections next December is not guaranteed. On April 3, the Tunisian government officially set a date for the country’s first democratic municipal elections. After numerous postponements, officials agreed to hold the elections on December 17, 2017, the seventh anniversary of the self-immolation of Mohammed Bouazizi, the literal spark that began the Arab uprisings. However, the decision to tie the date of the elections to an event with such political and emotional significance may be setting expectations too high. For the elections to succeed, the…

Tunisia endeavors to bring home children stuck in Libya

The Tunisian foreign ministry is putting some diplomatic efforts to return 24 children who were born to IS militants that got killed in Sirte and Sabratha, sources from the ministry said. The 24 children are split into a prison in Tripoli and under the Libyan Red Crescent protection in Misrata, the ministry added, saying their ages do not exceed 5 years. According to the head of the consulate affairs of the Tunisian foreign ministry, Shafiq Al-Haji, many Tunisian officials from the interior ministry and others are working on resolving this…