Tunisia-Turkey partnership day in Tunis May 13
A Tunisia-Turkey Partnership Day will take place in Tunis on May 13, 2025, organized by the Tunisian Chamber of Commerce and Industry (CCIT) in collaboration with the Embassy of Turkey to Tunisia and the Turkish Exporters Assembly (TİM).
The event, held alongside a visit by a delegation of Turkish business leaders from various economic sectors, will focus primarily on bilateral B2B meetings, according to the CCIT.
Key sectors of interest include automotive spare parts, industrial fire protection, air conditioning & refrigeration, water cooling & ice production, water desalination, textiles and liquid transport via pipelines.
The CCIT invites interested companies to confirm their participation by May 9, 2025.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
African Manager
20-05-2025
- African Manager
Tunisia: BCT will not lower key rate again!
Economics professor Ridha Chkondali has said that the Central Bank's concerns about inflation levels returning due to excessive lending to the state, as well as the possible repercussions of US tariffs, may prevent the BCT's Executive Board from cutting the interest rate again. In a statement to Express FM, he explained that 'the issuing institute starts from a monetary approach to inflation, which means a lot of liquidity in the economy. But this liquidity comes from direct loans to the state, so it's as if the Central Bank is causing the problem and calling for its own solution.' He explained how the 50-point reduction in the interest rate had pushed the building and construction sector into positive growth for the first time in years. 'A further reduction in the interest rate would have positive repercussions for Tunisia, as the inflation problem is due to a shortage of production rather than excessive consumption.' He added: 'I believe Tunisia has the opportunity to review all trade agreements, particularly with the European Union and Turkey. The increase in customs duties on Turkish products has been detrimental to the textile sector, which imports mainly cotton, raw materials, and semi-finished products from Turkey. This has resulted in a total loss of competitiveness on the international market, as well as negative and very low growth.' He stressed the need to negotiate with these countries, focusing on areas from which Tunisia can benefit economically, as well as improving the business climate by reducing the plethora of administrative and tax procedures and lowering the interest rate, which would have a positive impact on Tunisian investors.
African Manager
05-05-2025
- African Manager
Tunisia-Turkey partnership day in Tunis May 13
A Tunisia-Turkey Partnership Day will take place in Tunis on May 13, 2025, organized by the Tunisian Chamber of Commerce and Industry (CCIT) in collaboration with the Embassy of Turkey to Tunisia and the Turkish Exporters Assembly (TİM). The event, held alongside a visit by a delegation of Turkish business leaders from various economic sectors, will focus primarily on bilateral B2B meetings, according to the CCIT. Key sectors of interest include automotive spare parts, industrial fire protection, air conditioning & refrigeration, water cooling & ice production, water desalination, textiles and liquid transport via pipelines. The CCIT invites interested companies to confirm their participation by May 9, 2025.
African Manager
03-05-2025
- African Manager
BT: Financial performance, resilience and prestigious awards in 2024
Banque de Tunisie (BT) recently published its financial statements during its Ordinary General Assembly, held in the presence of the board members, directors, executive management, shareholders, and guests. In his address, Chairman of the Board Eric Charpentier affirmed that BT has maintained its position as one of Tunisia's leading banks, demonstrating resilience through strong performance indicators. '2024 was marked by significant achievements, reflecting BT's strong performance,' he stated. For his part, Hichem Rebai, CEO of Banque de Tunisie, emphasized that 'BT continues to support its clients—individuals and professionals alike—while contributing to the development of the local economy, major public infrastructure projects, and key economic initiatives.' He added that the 'Best Bank in Tunisia for 2024' award, granted by The Banker, 'is the result of collective effort, where every individual has contributed to this success. It confirms that working toward a shared goal always leads to new waves of achievement and opens doors to perpetual growth.' '2024 was a year of accomplishments aligned with Banque de Tunisie's 2023-2027 strategic development plan,' the CEO noted. Net Profit of 188.41 million dinars at end-2024 BT closed 2024 with a net profit of 188.41 million dinars (MD), up 10.61% from 170.33 MD the previous year, after setting aside 39.84 MD in risk provisions. The bank paid 98.10 MD in corporate taxes (+37.95%), contributed 618,000 dinars to the National Education Reform Fund (+21.65%), allocated 9.89 MD to social solidarity (+21.70%), and paid 9.82 MD in cyclical contributions (+20.80%). Net banking income (NBI) reached 509.98 MD by end-2024, a 6.70% increase. Operating expenses rose by 7.4% to 155.98 MD, while the cost-to-income ratio—'one of the best in the market'—stood at 32.3%. Customer loans grew by 4.11% to 6.08 billion dinars, while deposits and customer assets increased by 15.4% to 6.69 billion dinars. Notably, Banque de Tunisie will distribute 94.5 million dinars in dividends, equating to 0.35 dinars per share, up from 0.29 dinars the previous year. The bank maintains its shareholder remuneration policy with a 50% payout ratio, compared to 43% a year earlier. Dividends will be paid on May 7, 2025. Banque de Tunisie Earns AML 30000 Certification Banque de Tunisie has obtained the AML 30000 certification, a stringent international standard dedicated to combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction (AML/CFT). Awarded by CERTIFINANCE-TUNISIA, with the endorsement of CERTIPRO-FINANCE-PARIS, this certification recognizes the bank's efforts to comply with the most rigorous financial risk management standards. This achievement follows a comprehensive voluntary upgrade process undertaken by BT to strengthen its operational framework, effectively mitigating financial crime risks. The bank has enhanced its control mechanisms, intensified staff training, and fostered a stronger risk management culture. BT Named Best Bank in Tunisia by The Banker During the annual awards ceremony held on December 4, 2024, in London, Banque de Tunisie was once again honored with the 'Bank of the Year – Tunisia' award by the prestigious Financial Times-owned The Banker magazine, competing alongside top-tier international banks. Read in over 120 countries, The Banker is a leading source of banking and financial industry insights, catering primarily to senior finance executives worldwide. Each year, the magazine awards 'Bank of the Year' to institutions demonstrating outstanding performance in their respective markets. Banque de Tunisie takes great pride in this recognition, which celebrates the dedication and expertise of its teams in serving clients and partners. Beyond financial performance, this distinction highlights the bank's focus on tailored products for corporate clients—particularly SMEs—and its commitment to financial accessibility through digital and remote banking channels. The 'Bank of the Year – Tunisia' jury also commended BT's efforts to 'cultivate a culture of excellence in digital transformation.' According to the bank, 'the long-term goal is to position innovation as an independent growth driver.'
