Overview

Inclusion in global indices stimulate capital markets activity, but more growth is needed
OBG
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The period of easily raising funds from abroad seems to be coming to an end for emerging markets around the world. In the new environment of higher interest rates in the US and increased competition for capital flows, portfolio managers are becoming more selective with where they place their money. One way for developing nations to ensure that their financial markets can continue to attract foreign…

Overview

Tunisia's financial market benefits from diverse firms and varied investors
OBG
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Although Tunisia’s financial market has maintained a pattern of significant growth in recent years, progress has taken place in the context of economic uncertainty and a need for structural reform. The stock market’s role in financing the economy is modest when compared to that of the banking system, and the depreciation of the dinar has introduced a number of additional challenges. Market authorities…

Overview

Economies worldwide prepare for the next industrial revolution
OBG
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The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as those…

Overview

New stimulus measures to boost competitiveness will benefit key industrial subsectors in Tunisia
OBG
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Since gaining independence in the 1950s, Tunisia has focused on developing and expanding its industrial base. Traditionally dominated by textiles, the industrial sector is increasingly attracting investment in higher-value segments such as pharmaceuticals, electronics, automotive and aeronautics as a result of a highly skilled and educated workforce. Despite the sector’s strengths, however, progress…

Overview

Regulatory reform in Tunisia set to address low penetration in the insurance market
OBG
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Although Tunisia’s insurance market has grown steadily in recent years, it continues to be characterised by low penetration. As such, measures are being put in place that are expected to promote expansion of the sector. A new insurance code will strengthen the financial position of insurers and likely encourage a greater degree of sector consolidation. Furthermore, several segments, including life…

Overview

Growing digital economy creates opportunities in Tunisia and emerging markets
OBG
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More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital offering. For consumers the ever-expanding digital economy promises…

Overview

Internet and mobile services play an important role in Tunisia's ICT sector
OBG
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Internet services are playing an increasingly important role in supporting economic growth and social development across the world. In line with this trend, Tunisia’s ICT sector continued to grow in 2018. The country already has sophisticated telecoms and broadband infrastructure in place, which is quickly evolving to support the ongoing expansion of the digital economy and growing demand for high-quality…

Overview

Medical tourism in Tunisia flourishes as tourist numbers reach record highs
OBG
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Tunisia has over 1200 km of coastline to the north and east, and is bordered by desert and oasis to the west, allowing it to enjoy a mild Mediterranean climate. With over 30,000 archaeological sites around the country, it offers a wide array of tourism options. Since suffering two terrorist attacks in 2015, in March at the Bardo Museum in Tunis and in June at a resort in Sousse, the country has worked…

Overview

Government programmes and private investment boost efficiency and equity in Tunisia's olive oil segment
OBG
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Olive oil, cereals, fruit and vegetables, and dates have long been the foundation of agriculture in Tunisia. Efforts are being made to modernise the sector through the development of agri-business, yet agriculture remains largely dominated by small family farms. In this context, initiatives to reorganise production to boost efficiency and equity are being implemented, notably in the form of…

Overview

As costs decline, renewable sources are seeing an inexorable rise, particularly among developing economies
OBG
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Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by developed countries,…