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flag ADIA, UAE's largest sovereign wealth fund, launches operations in India's GIFT City, securing regulatory approvals.

flag The Abu Dhabi Investment Authority (ADIA), the UAE's largest sovereign wealth fund, has launched operations in India's GIFT City, Gujarat, after securing regulatory approvals. flag Founded in 1976, ADIA aims for long-term value creation through strategic investments. flag This move highlights UAE institutional investors' interest in India's economy and reinforces GIFT City's status as a global financial hub. flag In 2023-24, UAE investments in India are approximately USD 3 billion.

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