New Head  at NDFI
Economy, Business And Markets

New Head at NDFI

President Hassan Rouhani Sunday appointed Ahmad Doust Husseini to head the National Development Fund of Iran, the government’s official website reported. Doust Husseini is a former deputy minister of industries mining and trade. He has also been a board member at Tehran Chamber of Commerce, Industries and Mining. Last month, the former head of the fund and all its board members resigned, in the wake of a salary scandal that cost many officials their jobs. The sovereign wealth fund was created in 2011 to use a portion of surplus revenues from crude oil exports for investment in long-term projects. The NDFI is said to have $80 billion in assets.

Short URL : http://goo.gl/F5JXDg
  1. http://goo.gl/jN64UA
  • http://goo.gl/KTfQIz
  • http://goo.gl/MIMhfj
  • http://goo.gl/AqncCe
  • http://goo.gl/DECXHl

You can also read ...

US Sanctions on Iran Affect Trade With UAE
The latest US sanctions against Iran are forcing many Iranian...
New Government Policies Reduce Forex Demand
The implementation of new foreign exchange policies by the...
Failure to Safeguard Iran Deal Will Show EU Still a Paper Tiger
Just a few weeks ago, it seemed that the Iran nuclear deal...
Iraq to Respect Dollar Ban But Not All US Sanctions on Iran
Iraqi Prime Minister Haider al-Abadi stepped back from his...
Gold Coin Gains
The benchmark Bahar Azadi gold coin gained on Tuesday, as both...
Indian Tea Exporters Seeking Special Exchange Rate From Iran
The Indian tea industry has sought a special exchange rate...
Nvidia Rolls Out New Chip Technology for Filmmakers
Nvidia Corp on Monday released a new generation of chips aimed...
Google Tracks Your Movements, Like It or Not
Google wants to know where you go so badly that it records...