Weekly Digest: Saudi PIF mulls India office; FWD postpones IPO plans again | Asset Owners

The following briefs are curated from press releases and third-party media sources.

TOP NEWS OF THE WEEK

Saudi Arabia could set up an office of its sovereign wealth fund in India’s Gujarat International Finance Tec-City (GIFT), its investment minister said.

GIFT City is India’s tax-neutral financial services centre and a key project for Indian prime minister Narendra Modi, with the aim of rivalling financial services centres in Dubai and Hong Kong.

“I will match your offer and commit today to open an office,” Saudi investment minister Khalid Al-Falih said after India’s trade…