Business
October 07, 2024
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Abu Dhabi Investment Authority Begins Operations In GIFT City

Abu Dhabi Investment Authority Begins Operations In GIFT City

New Delhi: Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, on Monday commenced its India operations after obtaining the necessary regulatory approvals and opening its office in the GIFT City in Gujarat.  The office is expected to drive further intensification of ADIA’s investment activities in the country, it was announced during the […]

Technology
September 23, 2024
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Samsung, TSMC Consider Building Chip Factories in UAE: Report

Samsung, TSMC Consider Building Chip Factories in UAE: Report

Two of the world’s largest chipmakers, TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion (roughly Rs. 8,35,311 crore), the Wall Street Journal reported on Sunday. Top executives at TSMC have visited the UAE recently and talked about a plant complex on par with some of the company’s largest and most […]