Latest news with #TahirHamidNguilin
TimesLIVE
2 days ago
- Business
- TimesLIVE
Chad seeks $30bn investment for development plan
Chad's national development plan seeks $30bn (R533.54bn) in public and private investment as it pursues growth in areas including digitalisation and infrastructure, the Central African country's finance minister Tahir Hamid Nguilin said on Tuesday. The plan called "Chad Connection 2030" is backed by the International Monetary Fund, which last month reached an agreement with the country for a four-year financial support programme worth about $630m (R11.20bn), and by the World Bank. It will be launched in September in Abu Dhabi, and aims to conclude deals with investors in sectors including roads, electricity and the digital economy. This is expected to generate average annual economic growth of 8% over the 2025-2030 period, Nguilin told journalists. Over the same period, the country's debt level will remain at 32% of gross domestic product, or around $2bn (R35.57bn), he said. Nguilin said the investment would help Chad to lift its citizens out of poverty, reduce its maternal mortality rate by 50% and double agricultural production. He added that the government plans to grant exploration permits to private companies operating in the oil and mining sectors, which should increase production. "Roughly speaking, we were favouring private rather than public investment, so that by the end of 2030, the share of the mining sector, excluding oil, could be at least 5% of GDP," Nguilin said, adding the current share, including artisanal mining, represented 1%-2%.
Zawya
3 days ago
- Business
- Zawya
Chad's development plan targets $30bln over 6 years, finance minister says
Chad's national development plan targets $30 billion over 6 years, the Central African country's finance minister Tahir Hamid Nguilin said on Tuesday. (Reporting by Anait Miridzhanian Editing by Bate Felix)
Reuters
3 days ago
- Business
- Reuters
Chad's development plan targets $30 billion over 6 years, finance minister says
DAKAR, June 3 (Reuters) - Chad's national development plan targets $30 billion over 6 years, the Central African country's finance minister Tahir Hamid Nguilin said on Tuesday.
TAG 91.1
20-04-2025
- Politics
- TAG 91.1
UAE to build mosque and cultural centre in Chad
The UAE Aid Agency has signed an agreement to build a mosque and a cultural centre in Chad's capital N'Djamena. The agreement was signed by Dr. Tareq Ahmed Al Ameri, Chairman of the UAE Aid Agency, and Tahir Hamid Nguilin, Chad's Minister of Finance, Budget, Economy, Planning, and International Cooperation. According to the agreement, the Sheikh Zayed Mosque will be built on an area of 5,000 square meters and will accommodate 10,000 worshippers — 5,000 inside the mosque and 5,000 in the courtyard and surrounding area. The facility will also include a public library and a religious school for teaching the Holy Qur'an and Islamic studies. The Cultural Centre will be built on a dedicated area of 2,000 square metres. It will include 16 classrooms, administrative offices, multi-purpose halls for lectures, workshops and cultural activities, and a library. The Centre will organise Iftaar meals, distribute sacrificial meat during Eid, offer training courses, and host joint Emirati-Chadian national events. Speaking on the occasion, Minister of State Sheikh Shakhboot bin Nahyan Al Nahyan stated said, 'The UAE continues to push its civilisational and humanitarian mission, founded by the late Sheikh Zayed bin Sultan Al Nahyan, and reinforced by President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This mission emphasises the importance of international cooperation in development, reconstruction, and humanitarian aid, as well as enhancing cultural exchange between peoples and nations around the world — through establishing houses of worship and cultural centres regardless of race, colour, religion, belief, or geographic location.' 'The UAE has always been a pioneer in humanitarian, developmental, and charitable work, building bridges of culture, knowledge, and civilisational communication, and strengthening bilateral relations with various countries for the betterment of humanity. These efforts align with global priorities in advancing progress and prosperity and improving quality of life,' he added. Dr. Tareq Ahmed Al Ameri emphasised the national and global responsibility of the UAE Aid Agency in implementing development projects and initiatives, providing vital assistance, improving living conditions, and creating tangible and sustainable positive impact across regions and continents. He stressed that these responsibilities included the construction of mosques and cultural centres, early recovery and stabilisation programs after disasters and rapid humanitarian interventions. Tahir Hamid Nguilin expressed deep gratitude and appreciation of the government and people of Chad to the leadership, government, and people of the UAE for their humanitarian, developmental and charitable efforts in Chad, including the construction of the Sheikh Zayed Mosque and Cultural Centre in N'Djamena. He noted that these are not only iconic landmarks of worship and culture but also strong symbols of human connection and rich civilisational exchange, which promote joint action in various fields, particularly in enhancing spiritual values and fostering intercultural dialogue.
Dubai Eye
19-04-2025
- Politics
- Dubai Eye
UAE to build mosque and cultural centre in Chad
The UAE Aid Agency has signed an agreement to build a mosque and a cultural centre in Chad's capital N'Djamena. The agreement was signed by Dr. Tareq Ahmed Al Ameri, Chairman of the UAE Aid Agency, and Tahir Hamid Nguilin, Chad's Minister of Finance, Budget, Economy, Planning, and International Cooperation. According to the agreement, the Sheikh Zayed Mosque will be built on an area of 5,000 square meters and will accommodate 10,000 worshippers — 5,000 inside the mosque and 5,000 in the courtyard and surrounding area. The facility will also include a public library and a religious school for teaching the Holy Qur'an and Islamic studies. The Cultural Centre will be built on a dedicated area of 2,000 square metres. It will include 16 classrooms, administrative offices, multi-purpose halls for lectures, workshops and cultural activities, and a library. The Centre will organise Iftaar meals, distribute sacrificial meat during Eid, offer training courses, and host joint Emirati-Chadian national events. Speaking on the occasion, Minister of State Sheikh Shakhboot bin Nahyan Al Nahyan stated said, 'The UAE continues to push its civilisational and humanitarian mission, founded by the late Sheikh Zayed bin Sultan Al Nahyan, and reinforced by President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This mission emphasises the importance of international cooperation in development, reconstruction, and humanitarian aid, as well as enhancing cultural exchange between peoples and nations around the world — through establishing houses of worship and cultural centres regardless of race, colour, religion, belief, or geographic location.' 'The UAE has always been a pioneer in humanitarian, developmental, and charitable work, building bridges of culture, knowledge, and civilisational communication, and strengthening bilateral relations with various countries for the betterment of humanity. These efforts align with global priorities in advancing progress and prosperity and improving quality of life,' he added. Dr. Tareq Ahmed Al Ameri emphasised the national and global responsibility of the UAE Aid Agency in implementing development projects and initiatives, providing vital assistance, improving living conditions, and creating tangible and sustainable positive impact across regions and continents. He stressed that these responsibilities included the construction of mosques and cultural centres, early recovery and stabilisation programs after disasters and rapid humanitarian interventions. Tahir Hamid Nguilin expressed deep gratitude and appreciation of the government and people of Chad to the leadership, government, and people of the UAE for their humanitarian, developmental and charitable efforts in Chad, including the construction of the Sheikh Zayed Mosque and Cultural Centre in N'Djamena. He noted that these are not only iconic landmarks of worship and culture but also strong symbols of human connection and rich civilisational exchange, which promote joint action in various fields, particularly in enhancing spiritual values and fostering intercultural dialogue.
