Tunisia: Local, Qatari Co-Operation in Financial Sector

Tunis — Caretaker Prime Minister Hamadi Jebali conferred, on Tuesday afternoon, in Carthage, with Sheikh Jassim Ben Hamad Al Thani, Board of Directors' President of the Qatar Investment Bank "Qinvest" and Qatar International Islamic Bank (International Islamic).

After the talk, President of the Tunisian Businessmen Council in Qatar Noureddine Zekri said that the meeting provided the occasion to examine means likely to boost co-operation between the Tunisian government and the Qatari banks, in the field of finance and infrastructures... Thanks, notably, to the issue of Islamic Sukuks (treasury bonds,) denominated in dollar.

The talk also turned on funding by the two Qatari banks, of a number of governmental projects, notably, in real estate in addition to the development of Islamic funding. Both sides evoked the possibility of the opening of "Qinvest" and Qatar Islamic Bank agencies in Tunisia to target the African markets.

The Qatari delegation of "Qinvest" and Qatar Islamic Bank will have, on Wednesday, meetings with Tunisia's Central Bank governor to define the headlines of bilateral partnership.

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