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.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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