challenges

Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, and Aafaq Islamic Finance a regional Islamic financial products and services provider, have entered a strategic partnership whereby jointly, AFS and Aafaaq will support aspiring Fintech startups to launch their products and services in the UAE.

The application for the inscription of the island of Djerba on the UNESCO World Heritage List has finally been accepted by the UNESCO, which will send a delegation of experts to the island in the south-east of Tunisia to inspect the state of the proposed sites and monuments.

UAE-based Bukhatir Group will revive a $5 billion real estate project in Tunis, Tunisian sources told Reuters on Friday, the first big project in the North African country since a 2011 revolution.

Tunisia has granted licences to three international companies to produce 500 megawatts of electricity from renewables. The projects are worth $410.41 million and will create 2,000 jobs, the energy minister told Reuters on the sidelines of an energy conference.

Tunisia has raised fuel prices by about 3% for the second time in a month due to a sharp rise in oil prices, in an effort to rein in its budget deficit, the Energy Ministry said on Monday.