The Bridge of Rades

When I generally go from the southern suburb to the north suburb, I often take the new road of “Rades-La Goulette” as most people do. In this road, you must cross the highest bridge in Tunisia and the longest one in Africa. I don't know why every time I pass from that place and the moment when I see the marvellous landscape with the beautiful and the wide sea, the picture of the “Bosphorus Bridge” of Istanbul comes to my mind. And I start asking myself: Why, in Turkey, they have pleasure boats and ferries crossing the sea, a fascinating lighting system of changing colours and patterns while in Tunisia we don’t have any of these? Why a resource like that is not exploitable? Why the sight did not induce any business man to think of establishing...

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Spain: the crisis scared off hundreds of thousands of people

Spain continues its descent into the depths of the crisis. After the downgrade of the sovereign debt of Spain, Friday, October 14, reduced from AA to AA-, it is the turn of the city of Barcelona and the Madrid region of degraded their ratings from AA to AA-.Standard & Poor's also assigned to the two communities a negative outlook, meaning itcould still lower their medium-term notes.These announcements came as the crisis in the euro area is growing and the country has a low growth, very bad finances and regional unemployment...

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New Oppprtunities in changing MENA region

Tunisian-American Chamber of Commerce (TACC), Chair of Mena, hosted recently the annual conference held by The Regional Council of AmCham Mena (American Chamber of Commerce ) on the theme "New opportunities in a changing MENA region." . The event attracted a lot of participants from different Arab countries, international experts and Tunisian businessmen.it discussed the impact of economic integration in the MENA region on the growth of interregional investment, agri-business in the MENA region, the role of private equity in the growth and sustainability of SMEs . The Vice President Mena of the American Chamber of Commerce, Mr. Lionel Johnson, declared that the essential goal of the partnership US-MENA regions is to establish a favorable...

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The dragon fell down

“The data is a signal they need to do a little bit more in terms of restoring confidence and loosening policy,” says Andrew Batson, research director at Beijing-based economic consultancy GK Dragonomics.  The world is just sitting and waiting for the reaction of Beijing, the capital of the Dragon country, toward its flagging economy. The disappointing investments, trading, even the number of output decreases and finally a cut in bank reserve ratio lead to the bottoming of the dragon.  China’s economy grew by 8.1 percent in the first quarter which is the lowest rate since 2009. The central Bank has reduced the bank reserve requirement. This requirement is set by the government. Any changes in the required percentage are used to influence...

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Hiring Up

The number of Tunisians recruited during the first four months of 2012 to work abroad reached 564 against 355 in 2011 and 380 in 2010, according to a statement of the Tunisian Agency for Technical Cooperation (ATCT) arrived yesterday to TAP.Among those recruited, 95 are first-time jobseekers.  The total number of volunteer experts and Tunisian expatriates amounted, therefore, to 11,615 with the management of social and administrative career is provided by the ATCT.In the first four months of 2012, the ATCT received 94 job offers, emanating in particular from Saudi Arabia, Qatar, Kuwait and the UAE. These offers are almost 1700 posts in various specialties. The main recruitment affected the health field with 155 recruited,...

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Islamic finance a new vision of the economy in Tunisia

FROM THE PRINT EDITION Lately the concept of islaming finance or Islamic banking wich is An early market economy and an early form of mercantilism , which some refer to as "Islamic capitalism" had keen the economic sector in the whole world not only in the arabic _ Islamic countries but also in the western countries such as usa , france … they did actually a big step in this new way of finacing and banking with starting to teaching it in universities as a new specialitie hoping that it will help them to exceed their economic crise and be a remedy for it . In the other side for oriental countries although the Arab spring has brought political turmoil and economic uncertainty to the whole area : the region has seen revolutions especially...

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Persepolis Trial

A group of citizens came together, this Thursday, May 3 before the Court of First Instance in Tunis to protest against the verdict in the trial of Nessma TV unsatisfactory. Nabil Karoui, owner of the station, was fined 2,400 dinars. In addition, Hedi Boughnim, programming director at Nessma TV, and Nedia Jamal, president of the women’s organization that dubbed the movie, were both fined 1,200 dinars. Protesters judged unfair verdict and expressed their dissatisfaction with what they described as interference with the sacred without disputing the freedom of the press. -Amal Derbel...

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