Renault's Tunisian Drive Backed By IIB

Bahrain's International Investment Bank (IIB) has announced the acquisition of an equity stake in Artes, the Tunisian distributor of Renault, Nissan and Dacia vehicles. IIB was attracted to the Renault group's consistent performance, which has seen the French firm maintain leadership of the Tunisian passenger car market for five consecutive years. A statement from Artes suggests the group intends to maintain this momentum, with plans to launch new models in all segments.

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