ADIA keen to invest in oil reserves and investment fund in India | GulfNews.com:
"Indian Finance Minister Arun Jaitley, who is on a two-day visit to the UAE, called for the participation and investment in National Infrastructure and Investment Fund (NIIF) by Abu Dhabi Investment Authority (ADIA).
Arun Jaitley said NIIF will attract good returns on the investment made by the sovereign wealth funds of different countries. The Indian finance minister was speaking during his meeting with Shaikh Hamed Bin Zayed Al Nahyan, Managing Director, ADIA, and Chairman Abu Dhabi Crown Prince Court.
According to a press statement, Shaikh Nahyan showed interest in investing in NIIF. According to him, Abu Dhabi National Oil Company (Adnoc) officials will be visiting India on 19th of this month and is interested in investing for establishing strategic oil reserves at Mangalore Port in Karnataka."
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