Mergers, Acquisitions and Financial Results

Tunisia has been awarded a new international distinction and classified by the World Report of Davos on information technologies first in the Maghreb and in Africa, and 35th worldwide, out of a total of 122 countries.

Presented on March 26, in Geneva, this report, which is a reference in matters investment in the new information and communication technologies (NICTs), determines its classification on the basis of three key elements: the political and economic environment of the country, the technological development level and the degree of utilisation of NICTs.

Tunisia, which had organised with success the World Summit on the Information Society (WSIS), has shown its great determination to move ahead on the path of the construction of the knowledge society.

Compared with other countries, Tunisia is ahead of many others in the Maghreb and North Africa, Morocco (76th), Egypt (77th), and Algeria (80th).

In the Arab world it also leads, being ahead Qatar (36th), Bahrain (50th) and Kuwait (54th).

Tunisia also comes ahead such European countries like Italy, Greece, Cyprus and Poland; and the Asian countries such as China and India; and South American countries like Brazil.

Tunisia ranks first the world over in some sub-features. It is classified fourth in term of the government's success in the NICTs promotion, 6th in matters of importance of NICTs in the governmental strategy, 12th in celerity with which the firms are created in the sector and 14th in terms of quality of the public education institutions.

There are also other qualitative classifications in very sensitive niches. Tunisia is 30th in matters of protecting copyright and 32nd in the schools' access to the Internet. This new performance of Tunisia in sector as buoyant as the NICTs is obviously a great success which comes to strengthen its place as a front-runner among the world nations. Additionally, it sends a clear message to attract a new flow of foreign investments in the NICTs.