During his tour of India as the chief guest at the republic day celebrations, one of the things on top of UAE’s crown prince Mohammed bin Zayed Al Nahyan's agenda was investing in India’s sovereign wealth fund established in 2015. However, the pact envisaging a $75 billion investment by UAE’s sovereign fund in India’s fund could not be signed. Called the Abu Dhabi Investment Fund, UAE’s sovereign fund is the world’s third largest sovereign fund with close to $800 billion in assets across the world. While the reasons for the pact not being ...
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