Category: business

Credit goes to Muscat Daily The Sultanate of Oman, represented by the Civil Aviation Authority, inked an air services agreement with the Republic of Tunisia in Tunis on Sunday, Muscat Daily reported. The agreement was signed by Eng Nayef bin Ali al Abri, Chairman of Oman’s Civil Aviation Authority, in the presence of Sarah Zaafarani Zanzri, Tunisia’s Minister of Transport, Dr Hilal bin Abdullah al Sanani, Oman’s Ambassador to Tunisia, and several officials from the two countries’ civil aviation authorities. This agreement updates the 1985 agreement between the governments of…

The Tunisia-Africa Business Council (TABC), represented by its President Mr. Anis Jaziri, and the Netherlands-African Business Council (NABC), represented by Mr. Mattijs Renden, Head of Business Development, signed a historic partnership agreement at the Dutch Embassy in Tunis on Wednesday June 26, 2024. Mrs Josephine Frantzen, Dutch Ambassador to Tunisia, honored the official ceremony with her presence. This strategic partnership aims to strengthen the Netherlands-Tunisia-Africa triangulation, by opening up new prospects for cooperation between Tunisian economic operators and their Dutch counterparts. The primary aim is to stimulate bilateral trade and…

Travel and tourism in Tunisia is expected to inject a record TND 23 billion into the national economy in 2024, according to the World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Study. With adequate government support, the WTTC predicts that the sector’s annual contribution to GDP could reach more than TND 32 billion by 2034. The latest WTTC data shows that in terms of economic contribution, number of jobs and domestic visitor spending, the travel and tourism sector is set to surpass all previous records in 2024. “A 16%…

The third session of the Korea-Tunisia-Africa Business Forum was held on Thursday in Tunis with representatives of 12 Korean companies and several Tunisian and African companies. The forum is one of the parallel activities of the International Forum for Financing Investment and Trade in Africa (FITA 2024). Ambassador of the Republic of Korea to Tunisia, Sun Nahm-kook, pointed out that Tunisia’s strategic location between Europe and Africa offers great opportunities for trilateral cooperation and helps Korean companies access these two continents’ markets. He said that Korean companies were selected unlike…

The 21st Tunisia Investment Forum (TIF) started on Wednesday afternoon in Gammarth (a northern suburb of Tunis), with over 800 Tunisian and foreign investors representing some thirty countries participating, TAP reports. The two-day forum on “Tunisia, where sustainability rhymes with opportunity”, is organised by the Foreign Investment Promotion Agency (FIPA Tunisia) in partnership with the European Union (EU). This edition will highlight the innovation and sustainable investment potential of the Tunisian economy. It will focus on four high-added-value sectors: automotive components, pharmaceuticals, renewable energies, start-ups and the diaspora. The 2024…

Tunisia will soon join COMESA’s real-time e-payment platform The Common Market for Eastern and Southern Africa (COMESA) offers great opportunities for cooperation and investment potential for Tunisian businessmen, said Teddy Yagambaram Soobramanien Chief Executive Officer (CEO) of the COMESA Business Council (CBC), during a parallel workshop at the seventh edition of the international conference ‘Financing Investment and Trade in Africa / Fita 2024’. ‘COMESA is one of the largest regional economic blocs in Africa, which makes it a key gateway to trade development in the continent,’ Subramanian said during a…

The Tunisian government sees 5G technology as a means of accelerating the digital transformation of various economic sectors, including agriculture, education and transport. The executive has set November 2024 as the launch date for ultra-high-speed internet in the country. Tunisia and South Korea have agreed to collaborate on the deployment of 5G technology, according to a memorandum of understanding (MoU) signed by Nizar Ben Neji, Minister of Communication Technologies, and his South Korean counterpart, Lee Jong Ho. The signing took place on the sidelines of the Global ICT Leaders Forum…

CEO of the Export Promotion Centre (CEPEX), Mourad Ben Hassine, said that his institution is working with the Ministry of Trade to implement a national export strategy focusing on several markets, including Asia and Latin America. In response to a question about Tunisia’s economic diplomacy, Ben Hassine added that a plan had been established to identify Tunisia’s strategic orientations of market access. In an interview with TAP’s TV studio, Ben Hassine noted that technical committees would be meeting permanently to resolve problems hampering the export of agricultural products to China.…