Top Tunisia News

Libya's Kadhafi arrives in Tunisia for talks

Libyan leader Moamer Kadhafi arrived in Tunis Sunday for talks with President Zine El Abidine Ben Ali, expected to focus on bilateral cooperation. AFP - 04Aug 04:39GMT
Zain expands Across Middle East and Africa

Zain Group, a Bahrain-headquartered leading telecommunications mobile operator servicing over 50 million customers in 22 countries across the Middle East and Africa, has announced the creation of the world's first cross-continental borderless network, extending and linking its 'One Network' service between Africa and the Middle East. Bahrain Tribune - 03Aug 07:50GMT
Tunisia Plans $3bn Financial Harbour

Tunisia is the latest country to decide to create an offshore financial centre, the $3bn Tunis Financial Harbour. Financial Times - 01Aug 07:20GMT
Airports in ME & Africa Passengers' Growth Rate At 13%

Worldwide passenger growth at airports was just two per cent in June. Still, Middle East and Africa saw a growth rate of 13 per cent, while Europe grew 2.4 per cent. " Gulf News - 01Aug 03:45GMT
Global Signs Agreement for New Cement Plant and Acquires Quarry in Tunis

Global Investment House (Global) announced today that it has signed an agreement with Bina Holding of Tunisia to jointly develop Carthage Cement, a Greenfield cement plant with capacity of 2 MTPA along with a ready mix and brick plant. Press Release - 30Jul 13:40GMT
Dubai Most Transparent Realty Market: JLL Report

Jones Lang LaSalle, the world's leading real estate investment and advisory firm released the Real Estate Transparency Report 2008, for the MENA region in which it stated that Dubai is the most transparent market in MENA, Bahrain and Abu Dhabi next most transparent market. Press Release - 28Jul 11:27GMT
40% Of Hotel Projects May Not Meet 2015 Deadline

Many of the proposed hotel projects in the Middle East and North Africa (Mena) region will either be delayed or abandoned altogether like other sectors of the real estate market, a new report has revealed. Emirates Business 24/7 - 21Jul 04:32GMT
Tunis' Poulina Plans to List on Tunisian Stock Market

Poulina Group Holding (PGH), one of the largest private groups in Tunisia, which has experienced continuous growth over the past 40 years, is floating 10% of its capital via a capital increase. Press Release - 18Jul 13:24GMT
Bahrain's IIB IPO Oversubscribed

IIB International Investment Bank (IIB), a Bahrain-based investment bank, affirmed that the Initial Public Offering of Artes, the exclusive distributor of Renault, Nissan and Dacia in Tunisia, on the Tunis Stock Market in April 2008, was a tremendous success and oversubscribed over 11 times in Tunisia. Bahrain Tribune - 16Jul 09:08GMT
Tunisair places firm order with Airbus for A350s, A330s and A320s

North African airline Tunisair, celebrating its 60th anniversary this year, has signed a firm contract with Airbus for the acquisition of three A350-800s, three A330-200s and ten A320s, as part of an important fleet development plan that will modernise and expand the fleet of this growing airline. Press Release - 16Jul 07:00GMT

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Jet Set
In a testament to the growth of Tunisia's aviation services and manufacturing sector, national carrier Tunisair confirmed last week the purchase of 16 new Airbus aircraft.

Islamic Finance
Needs- Based Advice
Despite the availability of a broad range of both conventional and Sharia-compliant Takaful life insurance products, a low penetration rate in Mena region suggests that this relatively unknown market is in need of a major awareness and education campaign.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Banque de Tunisie	Tunisia	687
2	Société Frigorifique et Brasserie de Tunis	Tunisia	610
3	Banque Internationale Arabe de Tunisie	Tunisia	500
4	Banque de l'Habitat	Tunisia	473
5	Union Bancaire pour le Commerce et l'Industrie	Tunisia	363
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