The National Development Fund of Iran, the sovereign wealth fund, plans to give 150 trillion rials ($550 million) in loans to finance development projects, a member of NDFI executive board said…
NDFI
NDFI
The National Development Fund of Iran, the sovereign wealth fund, has suspended payment to the Capital Market Stabilization Fund, the CMSF boss said. In a talk with the Securities and…
NDFI
A memorandum of understanding was signed Sunday between the Ministry of Cultural Heritage, Handicrafts and Tourism and the National Development Fund of Iran, the sovereign wealth fund, to revive…
NDFI
The Majlis on Sunday approved provisions of the next fiscal budget bill that require the government to set aside a bigger share of energy export revenue for the National Development Fund of Iran…
NDFI
The National Development Fund of Iran is making progress in collecting unpaid debts by private companies, a deputy with the sovereign wealth fund said. In a press release seen on the NDFI…
NDFI
The National Development Fund of Iran gave 880 trillion rials ($3.2 billion) in loans in the first seven months of current fiscal year (March 20-Oct.21), the managing director of the sovereign…
NDFI
The main challenge the National Development Fund of Iran is facing is the difficulty of borrowers in reimbursing loans, the fund’s deputy for banking and credit affairs said.
NDFI
The National Development Fund of Iran will deposit $150 million with the Capital Market Stabilization Fund to help boost the ailing stock market. Citing officials from the sovereign wealth fund…
NDFI
President Ebrahim Raisi has called for expediting the process of practical support for the struggling stock market by the National Development Fund of Iran, the sovereign wealth fund. Speaking…
NDFI
The National Development Fund of Iran, the sovereign wealth fund, is to inject $200 million to help prop up the stressed share market. The decision has been approved by the Central Bank…
NDFI
The economy minister Monday denied reports that the government borrowed from the Central Bank of Iran to cover its huge budget deficits in the last fiscal year (March 2020-21). "The government…
NDFI
The National Development Fund of Iran, the sovereign wealth fund, plans to deposit 25 trillion rials ($100 million) with the Capital Market Stabilization Fund to be invested in the stock market…
NDFI
The National Development Fund of Iran, the country's sovereign wealth fund, has deposited 10 trillion rials ($40 million) with the Capital Market Stabilization Fund to be invested in the stock…
NDFI
The Central Bank of Iran has paid the rial equivalent of €600 million demanded by the Health Ministry to help medical workers cope with the rapidly spreading Covid-19 pandemic, the CBI governor…
NDFI
The central bank will resist attempts to pay the rial equivalent of loans taken from the National Development Fund of Iran in bid to avoid overburdening the bank’s balance sheet by printing…
NDFI
Expansion of monetary growth has again been blamed on the Central Bank of Iran’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-…
NDFI
In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new…
NDFI
The Trade Promotion Organization of Iran has created a special integrated platform for receiving and processing loan applications from exporters who want to use export credit from the National…
NDFI
The National Development Fund of Iran has injected 20 trillion rials ($125 million) to agent banks to help boost non-oil exports, a deputy industry minister said. "The money was deposited with…
NDFI
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved the withdrawal of $1 billion from the National Development Fund of Iran—the country’s sovereign wealth fund—to help…
NDFI
The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.
NDFI
In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran, cheap loans will be offered to eligible companies and emerging enterprises…
NDFI
The National Development Fund of Iran, the country’s sovereign wealth fund signed 15 agency contracts with banks to pay $5.8 billion in foreign currency loans during the first quarter of the…
NDFI
The Cabinet has decided to allocate €300 million needed to complete the railroad project connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with…
NDFI
In a report on the misuse of the National Development Fund of Iran, the Majlis Research Center says a large part of the sovereign wealth fund has been used in sectors outside the purview of the…
NDFI
