Day: May 18, 2017

Tunisia’s “Reconciliation Bill” threat to Revolution gains (Manach Msamhin” Association)

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The controversy is growing in the latest few days on the ”Manach Msamhin” Association  (we do not forgive), as regards the Tunisian  Reconciliation Bill which according to them puts the gains of the Revolution at stake by giving to Ben Ali-era businessmen and officials the opportunity to join the economic and political life with entrenched impunity. For the first time l heard one of the association members speaking on the Tunisian TV channel, I deeply realized that we are facing a new conscious generation willing to do anything peacefully in…

Tunisia: It’s official, State sells its shares in Carthage Cement

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Al Karama Holding, a Tunisian state enterprise that manages a number of confiscated businesses, has launched a consultation with investment banks and consulting firms to assist it in the sale of direct and indirect public shareholding in BINA Group, which owns 50% in Bina Holding and 40% in Bina Corp. The State will therefore sell its 6.6% directly in float and its other 35% held through Bina Holding and Bina Corp. According to the press release, interested bidders will have until 12 June 2017 to submit their bids.  As of…

More concept hotels and capacity increases

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German tourism groups are opening more own-brand hotels and increasing Mediterranean capacity in response to good demand. TUI has opened its first Family Life hotel on Sardinia. The new TUI Family Life Janna e Sole is a fully-renovated four-star hotel with 286 rooms close to Budoni. It is one of three new Family Life hotels this summer. The other two lie on Spain’s Costa de la Luz and the Greek island of Samos. TUI has also opened two adults-only Sensimar hotels in Tunisia, one in Hammamet and the other in…

Asteelflash opens its new factory in Tunisia

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Last year, EMS-provider Asteelflash Group started test production at its newly-built facility in La Soukra, Tunisia. This 15’000m2 facility is the heart of a project called IMTIEZ (‘Excellence’ in local language) and opens its doors to its customers, suppliers and partners for an official inauguration. With a substantial investment of EUR 2.5 million, Asteelflash also modernised its machine park and increase its production capacity in Tunisia. “Dedicated to excellence and at the gates of Europe, our state of the art facility allows optimized lead times which is mandatory given to…

Tunisia to invest $166mln to produce more than 210MW of renewable energy

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Promoters ready to invest in solar photovoltaic and wind energy must submit their offers, within a period not exceeding 15 November 2017, Minister of Energy, Mines and Renewable Energies, Héla Cheikhrouhou told media. She recalled Wednesday, at the opening of a conference organised on the sidelines of the international show on renewable energies, that the Department of Energy published, since May 11, 2017, a tender for installation of 210 MW of renewable energy, with an envelope of 400 million dinars.  Cheikhrouhou pointed out that projects with a capacity of 10…