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UAE Bank Reports All-Time-High Investments

Bank investments in UAE hit AED 548.5 billion by the end of March, the highest level in the country's history, a report by the Central Bank of the United Arab Emirates revealed. The report showed a YoY growth of 16 % compared to about AED 472.7 billion in March 2022. The investments climbed by 1.3% from AED541.4 bn in February 2023. Securities accounted for the majority of bank investments, around 45.6%, or AED 250.1 billion during the reference period, state news agency WAM reported.

Tunisia Awaits Promising Tourist Season

The Tunisian Ministry of Tourism said that around 2.9 million tourists visited the country by the end of May, registering an increase of 3.3 percent compared to the same period in 2019, and no less than 89 percent compared to 2022. Experts in the tourism sector expected that Tunisian tourism would regain its position despite the relative negative impact of the criminal attack that targeted the Ghriba Synagogue on the island of Djerba (southeastern Tunisia), which is one of the favorite destinations for a large number of French and German tourists.

Tunisians anticipate productive Dakar 2 Africa Food Summit

Tunisians anticipate productive Dakar 2 Africa Food Summit
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