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Archive for July, 2012

London 2012 Live Update: July 31

Mohamed Guesmi | 31 July 2012 | 0 Comments

3:40 p.m.: Mohamed Samandi lost 15-7 to Italy’s Andrea Cassara. 11:30 a.m.: Mohamed Samandi, the 25-year old Tunisian fencer advances in the fencing competitions, defeating Britain’s Rosowsky 15-8 . 11:10 a.m.: Moalla Ismail’s spike is blocked by Janic Bojan, characterizing Tunisia’s last attempt at resistance against Serbian team’s unstoppable onslaught. 10:44 a.m.: Moalla Ismail’s well-directed [...]

Primary School Teachers Strike in Response to Wage Deduction

Khaoula Ammar | 31 July 2012 | 0 Comments

Today, the Union of Primary Education, an institution representing primary school teachers and school administrators throughout Tunisia, is organizing a one-day strike. The strike is being conducted in protest of the Ministry of Education’s decision to deduct from the wages of teachers who did not work during a separate three-day strike in May. On May [...]

Tunisian Government To Implement Investment Regulation Reform

Mohamed Guesmi | 27 July 2012 | 0 Comments

Top level Tunisian government officials, led by interim Prime Minister Hamadi Jebali, decided yesterday to begin implementing a series of projects intended to reform regulations on business and investment. The decision follows international calls for Tunisia to readjust the juridical and administrative framework currently regulating the business sector. For example, at the Tunisia Investement Forum [...]

Thousands Attend the Third Annual Tunisian Marketing Exhibition

Mohamed Guesmi | 27 July 2012 | 0 Comments

Yesterday, July 26th, was the first day of the Tunisian Exposition for Marketing and Communication commonly known as the MCOM EXPO. The show has taken place for three consecutive years, and serves as a hub for industry professionals for two days of debates, meetings, and brainstorming. This year the MCOM EXPO will be held in the Golden [...]

Moody’s Downgrades Tunisia’s Credit Rating Due to Political Concerns

Mohamed Guesmi | 24 July 2012 | 0 Comments

Yesterday, Moody’s Investor Services downgraded Tunisia’s sovereign credit rating to Baa3. The rating reflects uncertainty in Tunisia’s business and investment sectors following the Tunisian government’s dismissal of Mustapha Kamel Nabli, the governor of the central bank. The Baa3 rating is considered a “medium” investment-grade rating, characterized by moderate associated risk and an “acceptable” ability to repay [...]

Tunisian President Sends Condolences to Obama Following Aurora Shooting

Khaoula Ammar | 24 July 2012 | 0 Comments

Today, the Tunisian Office of the Presidency issued a communiqué stating that President Moncef Marzouki sent a letter to American President Barack Obama conveying his condolences concerning the recent Aurora, Colorado movie theater shooting. The message was sent on Monday, June 23rd, by President Marzouki: “I received with deep sadness the news of the horrible [...]

Ministry of Defence Confirms Closure of Libyan Crossing Border

Khaoula Ammar | 24 July 2012 | 0 Comments

On Monday, the 22nd of June, the Tunisian-Libyan border crossing, Ras Jedir, was closed until further notice, confirmed R’chid Bouhoula, a Ministry of Defense official responsible for border security. Bouhoula stated that, “the border checkpoint has been closed since Monday. Libyans leaving Tunisia are allowed to pass through the border, as are Tunisians returning to [...]

Volkswagen to Open its Doors in Tunisia

Mohamed Guesmi | 23 July 2012 | 0 Comments

Volkswagen, a leading European car manufacturer, is set to open a production unit in Tunisia. On Saturday, Slim Besbes, Secretary of State within the Ministry of Finance, announced on Tunisian radio Shems FM that the German company will open a factory in Tunisia in an effort to supply the Middle East and North African markets. [...]

Constituent Assembly to Vote on Controversial Central Bank Appointment

Khaoula Ammar | 23 July 2012 | 0 Comments

Tunisia’s Constituent Assembly will hold a plenary session tomorrow, June 24, to officially ratify the motion to appoint Chedly Ayari as the new director of the Tunisian Central Bank (BCT). The motion to nominate Chedly Ayari raised much controversy during last Thursday’s session of the Constituent Assembly, causing the head of the Constituent Assembly, Mustapha Ben [...]

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