ECONOMIC HEADLINES
| MOROCCO | COMPANIES | Granted negative certificates up 26% at the end of November 2021

According to OMPIC, 124,514 negative certificates had been granted at the end of November 2021, up 26% compared to the same period of the previous year. In more details, 115,869 are intended for the creation of legal entities, i.e. 93% of the total mentioned certificates while 8,645 concern the creation of brands.

| TUNISIA | TOURISM | Receipts up 8% as of December 20th 2021
As of December 20th 2021, Tunisia's tourism receipts recorded an increase of 7.8% compared to the same period of the previous year to stand at TND 2,139.7 Mn.

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