Month: April 2017

Qatar, Tunisia cooperation highlighted

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Tunisian Minister of Tourism and Handicrafts, Salma Loumi Rkik, said a number of new Qatari tourist projects will be established in Tunisia along with other projects that are currently underway. Speaking at a press conference on Tuesday on the occasion of her visit to Doha, the Tunisian minister said there are tourism projects in Tunisia for Qatari investors, including a mega tourist project worth $300 million underway, according to Qatar News Agency (QNA). Tunisian minister said her visit to Qatar also aims to promote her country as a tourism destination…

Tunisia is a project site, says minister

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FM Khemaies Jhinaoui told ANBA his country hopes to bring Brazilian investors and businesses into infrastructure ventures in his country. He is currently in Brazil with a delegation of executives to encourage deal-making and bilateral cooperation. Tunisia’s minister of Foreign Affairs Khemaies Jhinaoui said his country is hoping to draw Brazilian investors and businesses into projects in his country. “Tunisia today is a big project site,” he said in an exclusive interview to ANBA this Tuesday (25) while visiting the premises of the Arab Brazilian Chamber of Commerce in São…

Air Malta resumes scheduled services to Tunis

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Air Malta connects Malta with North Africa again, new scheduled services to Tunis start on June 26 Air Malta is reconnecting Malta to North Africa following the re-start of scheduled services between the islands and Tunis Carthage Airport as from Monday, June 26, 2017. “We are very excited to announce that we will be returning to North Africa this summer with up to three direct flights a week. This is the second destination we are announcing in as many weeks. We have been following the situation in North Africa every…

Finance Minister denies speaking of devaluation of Tunisian dinar

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Finance Minister Lamia Zribi denied having spoken of a possible devaluation of the dinar that would stand at 3 dinars against the euro, as reported by several media. Speaking at a meeting with a limited number of national media to explain this issue, she added “that there are currently no objective criteria for this assumption in view of the hypothesis given the recovery in phosphate production and exports and the positive signs recorded in the tourism sector, especially in overnight stays. She added that “there is no pragmatic and technical…

Could Brexit Boost Olive Oil Exporters?

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If the UK adopts a ‘New Zealand trade model’ to source more affordable deals for its consumers, it could have a profound effect on olive oil exporters that have faced hurdles when exporting to EU countries. At the end of March, UK Minister Theresa May officially triggered Article 50 of the Treaty of Lisbon, setting in motion the two-year negotiation process of Britain leaving the European Union – or as it’s more commonly referred to, Brexit. The move signals a fundamental change in the way the EU and Britain will…

Arabsat Sponsors 18th Arab Radio and Television Festival in Tunisia

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The Arab Satellite Communications Organization – Arabsat – sponsors and participates in the 18th edition of Arab Festival for Radio and Television, organised by the Arab States Broadcasting Union (ASBU), from May 25-28, 2017, in Yasmine Hammamet, Tunisia, attended by several media figures and broadcasters from the Middle East and North Africa. Engineer Khalid bin Ahmed Balkheyour, President and CEO of Arabsat, said, “Arabsat has a unique and strong commercial relationship with ASBU, involving many successful projects, such as the global Arabic bouquet. In addition to the partnership agreement MENOS…

The 4-hour workweek

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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

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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

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“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?

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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…