Saudi Arabia’s PIF is looking at a spot in India’s Gujarat International Finance Tec-City (GIFT) according to Investment Minister Khalid Al Falih. He said he would “commit today to opening an office” in a conversation with India’s trade minister Piyush Goyal after Goyal suggested India could open an office in Saudi Arabia. GIFT City is…
NEW DELHI, Sept 11 (Reuters) - Saudi Arabia will consider setting up an office of its Sovereign Wealth Fund in India's Gujarat International Finance Tec-City (GIFT) in the west, Investment Minister Khalid Al Falih said
President Joe Biden recently hosted Narendra Modi in a lavish state visit, the Indian prime minister’s first, with both nations seeking to realign their strategic interests at a time when China’s global influence continues to grow.
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