FINANCIAL MARKET HEADLINES
| MOROCCO | MARSA MAROC | Consolidated revenue down 4% at the end of September 2020
At the end of September 2020, the overall traffic handled by Marsa Maroc and its subsidiaries amounted to 27.2 MT, down 3.9%. Likewise, the operator's consolidated turnover shows a decrease of 3.9% during the same period to MAD 2,092 Mn.
| MOROCCO | RDS | Aabar Investments PJS sold its stake in RDS
According to the AMMC, Aabar Investments PJS sold on the November 9th 2020, 2,186,146 RDS shares, on the block market, at a price of MAD 43,59 per share, crossing downwards the participation threshold of 5% in the said company capital. As a result of this transaction, Aabar Investments PJS doesn’t hold any RDS shares. Within the twelve months following this transaction, Aabar In-vestments PJS intends to stop its purchases on RDS.
ECONOMIC HEADLINES
| TUNISIA | GDP | A decline of 10% in GDP at the end of September 2020
In Q3 2020, the Tunisian economy fell by 6.0% compared to Q3 2019 and grew by 19.8% compared to Q2 2020. During the first 9 months of 2020, it showed a decrease of 10.0% year-on-year.
| TUNISIA | EMPLOYMENT | The unemployment rate down to 16.2% in Q3 2020
In Q3 2020, the estimated number of unemployed stood at 676,600 of the total active population against 746,400 in Q2 2020. Thus, the unemployment rate fell to 16.2% in Q3 2020 against 18.0% in the previous quarter.
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