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TimesNext 2024-02-08 06:57:04

UAE's ADIA to Launch $4.5 Billion Fund in GIFT City for Investments in India

Abu Dhabi Investment Authority (ADIA) plans to establish a $4.5 billion fund in GIFT City, allowing the sovereign wealth fund to invest in India through the tax-neutral finance hub. ADIA's move highlights GIFT City's growing prominence in global financial markets.

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