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Tunisia Says Seeking Partners for $3.2 Bln of Projects

Tunisia's President Kais Saied (center) poses for a group photo with OIF's Sec. Gen. Louise Mushikiwabo, French President Macron, Cote d'Ivoire's President Ouattara, Canada's PM Trudeau, and other officials and leaders of French-speaking countries, at the 18th Francophonie Summit in Djerba, Tunisia November 19, 2022. via REUTERS - TUNISIAN PRESIDENCY
Tunisia's President Kais Saied (center) poses for a group photo with OIF's Sec. Gen. Louise Mushikiwabo, French President Macron, Cote d'Ivoire's President Ouattara, Canada's PM Trudeau, and other officials and leaders of French-speaking countries, at the 18th Francophonie Summit in Djerba, Tunisia November 19, 2022. via REUTERS - TUNISIAN PRESIDENCY
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Tunisia Says Seeking Partners for $3.2 Bln of Projects

Tunisia's President Kais Saied (center) poses for a group photo with OIF's Sec. Gen. Louise Mushikiwabo, French President Macron, Cote d'Ivoire's President Ouattara, Canada's PM Trudeau, and other officials and leaders of French-speaking countries, at the 18th Francophonie Summit in Djerba, Tunisia November 19, 2022. via REUTERS - TUNISIAN PRESIDENCY
Tunisia's President Kais Saied (center) poses for a group photo with OIF's Sec. Gen. Louise Mushikiwabo, French President Macron, Cote d'Ivoire's President Ouattara, Canada's PM Trudeau, and other officials and leaders of French-speaking countries, at the 18th Francophonie Summit in Djerba, Tunisia November 19, 2022. via REUTERS - TUNISIAN PRESIDENCY

Tunisia is seeking international partners for investment projects worth 10 billion Tunisian dinars ($3.2 billion), economy minister Samir Saied said on Saturday at a summit of leaders of French-speaking countries it is hosting.

Saied also signed a $200 million financing agreement with France that will help support the North African country's budget, according to the ministry's Facebook account.

Tunisian President Kais Saied and French President Emmanuel Macron are among Francophonie group leaders meeting on the island of Djerba on Saturday and Sunday.

The two-day summit is the first gathering of the International Organization of Francophonie in three years following pandemic lockdowns and travel restrictions.

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Saudi ROSHN Group Reveals Rebranding

A ROSHN project in Saudi Arabia (ROSHN website)
A ROSHN project in Saudi Arabia (ROSHN website)
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Saudi ROSHN Group Reveals Rebranding

A ROSHN project in Saudi Arabia (ROSHN website)
A ROSHN project in Saudi Arabia (ROSHN website)

ROSHN Group, a pioneering real estate developer backed by Saudi Arabia’s Public Investment Fund, has introduced on Sunday a new identity and strategic focus that expands its remit to include asset classes beyond its core residential offering.
This transformation into a multi-asset developer cements ROSHN's status as a trailblazer in the real estate sector and sets the stage for an innovative approach to developing mixed-use projects and multi-asset destinations, the Group said in a statement.
It said the launch of ROSHN Group’s fresh visual identity signifies a milestone in its commitment to broadening its real estate portfolio and establishing integrated destinations that cater to society’s diverse needs.
The new portfolio will encompass ROSHN’s core asset classes of 200 million square meters of residential property, alongside over four million square meters of gross leasable area across retail, commercial, and hospitality sectors.
Its enabling assets will include education, mosques, and healthcare, while opportunity assets span transport and logistics, including warehouses, industrial parks, and knowledge hubs, as well as leisure and entertainment, ranging from entertainment centers to fitness hubs.
These projects will showcase an exceptional diversity of assets, creating investment opportunities, elevating living standards, and driving economic growth, the Group said.
“Our growing portfolio now seamlessly integrates forward-thinking amenities and elevated connectivity, fostering opportunities for commercial partnerships, job creation, investment, and economic growth in alignment with Saudi Vision 2030,” said Chief Marketing and Communication Officer Ghada Al Rumayan of ROSHN Group.
She added, “With our own evolution, this vision becomes even more tangible as we introduce our expanded approach and dedication to improving quality of life through iconic new destinations across the Kingdom.”
Al Rumayan said that ROSHN takes pride in its role as a leading real estate developer in the Kingdom with a vision to transform urban living.