Overview

Société Tuniso-Saoudienne d'Investissement et de Développement was founded on May 30, 1981. It was the result of an agreement between the government of Tunisia

Tunisia

Tunisia , officially the Tunisian RepublicThe long name of Tunisia in other languages used in the country is: , is the northernmost country in Africa. It is a Maghreb country and is bordered by Algeria to the west, Libya to the southeast, and the Mediterranean Sea to the north and east. Its area...

 and that of Saudi Arabia

Saudi Arabia

The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

. It helped expand tourism in the Sahara

Sahara

The Sahara is the world's second largest desert, after Antarctica. At over , it covers most of Northern Africa, making it almost as large as Europe or the United States. The Sahara stretches from the Red Sea, including parts of the Mediterranean coasts, to the outskirts of the Atlantic Ocean...

, cattle

Cattle

Cattle are the most common type of large domesticated ungulates. They are a prominent modern member of the subfamily Bovinae, are the most widespread species of the genus Bos, and are most commonly classified collectively as Bos primigenius...

 farming and milk production. It also helped expand the region of Tabarka

Tabarka

Tabarka is a coastal town located in north-western Tunisia, at about , close to the border with Algeria. It has been famous for its coral fishing, the Coral Festival of underwater photography and the annual jazz festival. Tabarka's history is a colorful mosaic of Phoenician, Roman, Arabic and...

 and the city of Sfax

Sfax

Sfax is a city in Tunisia, located southeast of Tunis. The city, founded in AD 849 on the ruins of Taparura and Thaenae, is the capital of the Sfax Governorate , and a Mediterranean port. Sfax has population of 340,000...

.

It has 100 million dinars

Tunisian dinar

The dinar is the currency of Tunisia. It is subdivided into 1000 milim or millimes . The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable ; the abbreviation TD is also mentioned in a few places, but is less frequently used, given the common use...

 split among Tunisia and Saudi Arabia in assets. Former Tunisian Minister of Agriculture Abdessalem Mansour

Abdessalem Mansour

Abdessalem Mansour is a Tunisian politician. He was the Minister of Agriculture under former President Zine El Abidine Ben Ali.-Biography:Abdessalem Mansour was born on November 19, 1949 in Sousse, Tunisia...

worked for Stusid Bank from 1981 to 1999.