Chad has officially launched the first round of investment talks in the UAE under its National Development Plan, Chad 2030, also known as 'Chad Connection 2030'.
The initiative aims to attract around $30 billion in investments across key sectors.
The launch took place in Abu Dhabi during the UAE-Chad Trade and Investment Forum, attended by ministers, officials and business leaders from both countries.
Chad’s Finance Minister, Tahir Hamid Nguilin, said the plan offers incentives for investors, including tax exemptions, streamlined regulations and access to priority economic zones.
The plan targets major infrastructure upgrades, expanded access to electricity and water, digital transformation, and improvements in education, health and transport.
The central African nation aims to achieve 8 per cent annual GDP growth by 2030 to join the ranks of middle-income countries.
Dubai residents can now access electricity and water services by asking questions through ChatGPT, after Dubai Electricity and Water Authority (DEWA) expanded its customer support onto the AI platform.
The US and India have moved closer to a trade pact, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.
Aldar and Dubai Holding have expanded their landmark joint venture, adding two strategic land plots in Dubai that will deliver almost 14,000 new homes with a combined gross development value (GDV) exceeding AED 38 billion.