Tuninvest Sicar Announces New President and Reports Significant Growth
Tuninvest Sicar has appointed Mokhtar Zannad as the new President of the Board of Directors, following the resignation of Brahim Anane from his positions as administrator and President of the Board, as reported in the CMF data.
Key Financial Highlights
The company recorded a net result of 2,311,486 dinars for the 2025 fiscal year, representing a 193% increase compared to 2024. This growth is primarily attributed to the rise in dividends paid by portfolio companies, particularly Nouvelair.
Board of Directors Meeting
The Board of Directors approved the financial statements as of December 31, 2025, during a meeting held on April 29, 2026, to review the previous year's activity.
Upcoming General Assembly
The Board has decided to convene an Ordinary General Assembly, scheduled to take place on Thursday, June 11, 2026. The proposal to distribute a dividend of 1.250 dinars per share will be presented to the assembly for approval.
