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Tunisia may delay sukuk issue to next yearTunisia's first issue of a sukuk (Islamic bond) is likely to be postponed to next year, adding to pressure on government finances, because of disruptions to legislative business, said a top government official. Finance Ministe More… |
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Tunisia to spend over $1bn to recapitalise banksTunisia may spend over a billion dollars to recapitalise its state-owned banks as the government struggles to stabilise the economy after the 2011 revolution, Tunisian authorities have told the International Mone More… |
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Islamic finance in Tunisia could reach 40pc shareTunisia's fledgling Islamic finance industry could take a 25 to 40 per cent share of the country's financial sector in five years' time if necessary rules, consumer education and private investment plans materialise, a Thomson Reuter More… |
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Tunisia gets $1.2bn Saudi IDB fundingTunisia has won $1.2 billion in funding from the Saudi-based Islamic Development Bank (IDB), aimed at backing industrial, agricultural and trade projects in the country whose finances have been weak since a revolution two years ago. More… |
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GFH showcases $3bn Tunisian projectBahrain-based Gulf Finance House (GFH) is showcasing its $3 billion mixed use development Tunis Financial Harbour as a model for co-operation between local and international investors in Tunisia. Tunis Financial Harbour (TFH More… |
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Moody's cuts Tunisia rating, cites political riskMoody's Investors Service on Wednesday cut Tunisia's sovereign credit rating to Ba2, citing political uncertainty and the risk of instability as well as weak finances at government-owned banks and sizeabl More… |
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EnQuest buys into Tunisian offshore assetsGlobal oil and gas explorer EnQuest said it would buy a majority interest in Swedish company Par Resources AB's offshore assets in Tunisia, diversifying further from the UK North Sea region. EnQuest will acquire a 70 per cent More… |
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Clamp on radicals tests Tunisia's stabilityFor the first time since the Arab Spring uprisings of 2011, relations between Tunisia's mainstream Islamists in government and radical Salafist Muslim activists have reached breaking point, sp More… |
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Tunisia confirms 2 cases of SARS-like virusTunisia has notified the World Health Organisation (WHO) of two laboratory-confirmed cases and a probable case of infection with the SARS-like virus novel coronavirus (nCoV). The two laboratory confirmed cases are a 34-year-old ma More… |
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300,000 sign up for Tunisiana serviceMore than 300,000 customers have signed up for a free, new mobile service offered by Tunisiana, which will enhance their employment prospects and help them to achieve their ambitions. The Mena region has seen great change in recen More… |
