IMPRI Desk

IMPRI Desk

Syria’s Al-Sharaa, a former terrorist turned head of state, is gaining diplomatic momentum but faces a daunting challenge.

Perhaps for Ahmed al-Sharaa, aka al-Jolani, displacing Assad with exemplary speed may not have been as important as his being embraced by President Donald Trump during his visit to Saudi Arabia this month (May 13-16). Of course, this was done at the behest of Saudi Crown Prince and Prime Minister Mohammed bin Salman (MBS), whose welcome to al-Sharaa, by extending the Arab embrace, has been strategic and far-reaching.

IFSCA and GIFT City: Shaping India’s Place in Global Finance

This vision materialized through the creation of the Gujarat International Finance Tec-City (GIFT City) and the establishment of the International Financial Services Centres Authority (IFSCA). Together, they represent India's commitment to offering a financial hub that is competitive, forward-looking, and aligned with global standards. But beyond competition, there is a deeper ambition: to redefine what a financial centre can be—rooted in sustainability, inclusivity, and excellence. Prime Minister Narendra Modi’s words capture this intent clearly when he described GIFT City as a zone designed to serve not just India, but the world.

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