AFE ANNUAL CONFERENCE TUNIS 2020
Tunisia will host during the month of March, the 45th edition of the annual meeting of the Arab Federation of Exchanges. This major event will offer Tunisia new investment opportunities, and it will strengthen the visibility and attractiveness of the Tunisian Financial Market at the international level in order to attract international investors.
This edition will focus on ESG’s in Arab Exchanges and also digitalization and role of Fintech in the developmentof financial markets.
Market Capitalization of TSE in 2019
Tunisia has a diverse market economy. According to Tunisia’s National Institute of Statistics (INS), real GDP growth in 2018 was %2.5. The INS forecasts growth of %2.9 in 2019. The Market capitalization of the Tunis Stock Exchange marked 8,435.20
Million USD in December 2019, higher than the market capitalization of Beirut Stock Exchange which marked 7,730.89 Million USD by the end of 2019.
Tunis also recorded market capitalization higher than that of Damascus Securities Exchange which was 2,060.68 Million USD, Khartoum Stock Exchange which recorded 1,062.36 Million USD, and Palestine Exchange that is 3,692.61 Million USD.
Tunis Stock Exchange
First Economic Event in 2020 in Tunisia by AFE
The Arab Federation of Exchanges (AFE) announces proudly that it will be the first organization to lead the first economic event in 2020 in Tunisia after the election of the new government.
AFE will be having its annual conference on the 31st of March and 1st of April 2020. This event will attract over 350 qualified professionals from the Financial Markets and Equities communities.
Besides, our attendees are mainly: Stock Exchanges, CSDs, Financial Services Institutions, Investment banks, commercial banks. Speakers will discuss the improvement of Tunisian market.
Tunisia’s Gross Domestic Product (GDP) growth will reach 2.2 percent in 2020, according to new World Bank (WB) forecasts. These rates will be achieved from the tourism resilience precisely and from the political improvements by the new government.
Global economic growth is forecasting to edge up to 2.5 percent in 2020, amongst mounting debt and slowing productivity growth
MicheaI P. Grifferty
Wissam H. Fattouh