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September 15, 2019

The Ministry of Industry and Small and Medium-sized Enterprises (SMEs) and the Tunisian-Spanish group “IDOM/BID Consulting”, signed on Wednesday in Tunis, the contract on the development of the industrial and innovation strategy by 2035.

The 9-month project is financed by a grant from the African Development Bank (AfDB) with € 670,800, said Minister of Industry and Small and Medium-sized Enterprises Slim Feriani.

In"...

 

Tunisia imported refined oil products for 4 billion dinars in 8 months
September 15, 2019

The National Institute of Statistics (INS) unveiled earlier this week the bad figures of Tunisian foreign trade for the first eight months of the year, announcing a trade deficit of 12.9 billion dinars, or 704 million dinars more than 2018 and 2.8 billion dinars more than in 2017.

Excluding energy, the deficit amounts to 8 billion"...

 
 
Tunisia: ENNAKL Automobiles Group sees profits fall by 24% in H1
September 15, 2019

ENNAKL Automobiles, the official Tunisian dealership of Volkswagen, Seat, Porsche, Skoda and Audi, has published its individual and consolidated interim financial statements as at June 30, 2019.

The Group achieved a consolidated net income of 12.9 million dinars, against 17 million a year earlier, i.e. a decrease of 24.2%.

The"...

 
 
Tunisia: HexaByte increases its net profit by 48% in the first half
September 15, 2019

HexaByte has published its interim financial statements as of June 30, 2019. These statements show a net profit of 880 thousand dinars, against 595 thousand dinars in the first half of last year, a growth of 48%.

The Internet Service Provider achieved a turnover of 5.5 million dinars in the first half, against 4.6 million a year earlier,"...

 
September 15, 2019

Net foreign exchange reserves reached, on Monday, September 9, 2019, for the first time in over two years, nearly 17,769 million dinars (MD), i.e. the equivalent of 100 days of import, according to data published on the website of the Central Bank of Tunisia (BCT).

At the same date last year, foreign currency reserves were just under 11,009 MD, the equivalent of 70 days of imports.

Tunisia’s"...

 
 
September 15, 2019

The ADWYA Company reported a net loss of 2.3 million dinars, against a net profit of 863 thousand dinars during the same period in 2018.

For the first six months of the current year, the company achieved a total turnover of 52.9 million dinars, against 56.9 million a year earlier, posting a 7% drop.

Total operating expenses amounted to 52 million dinars, compared to 53 million"...

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