NDFI Lends $18b in H1

EghtesadOnline: A report by the National Development Fund of Iran shows that the sovereign wealth fund allocated $14.7 billion in foreign exchange in loans through 20 agent banks during the first half of current fiscal (March 21- Sept. 22.).

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Publish Date:01/January/2019 | 24:56

National Development Fund of Iran Lends $4.7b to Banks

EghtesadOnline: The National Development Fund of Iran deposited 50 trillion rials ($471 million) with agent banks in the first eight months of the current fiscal that ends next March .

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Publish Date:16/December/2018 | 13:11

$1b for Production, Employment

EghtesadOnline: A member of Majlis Plan and Budget Commission said the Leader Ayatollah Seyyed Ali Khamenei has consented to the allocation of $1 billion from the National Development Fund of Iran for boosting production and employment.

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Publish Date:15/September/2018 | 05:33

NDFI Allocates $2.2b to Bidboland Refinery

EghtesadOnline: The National Development Fund of Iran contributed $2.2 billion to help fund the Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, which the fund’s director says is nearly complete.

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Publish Date:12/August/2018 | 05:21

New Flower Export Terminal Planned

EghtesadOnline: About 200 billion rials ($4.76 million) have been allocated from the National Development Fund of Iran for building and equipping a new flower and plant export terminal, which will soon become operational in Tehran.

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Publish Date:24/June/2018 | 04:18

NDFI to Offer Loans Worth $2.8b to Create Rural Jobs

EghtesadOnline: The government will allocate 120 trillion rials ($2.85 billion) in loans from the National Development Fund of Iran to enhance job creation in rural areas, Abolfazl Razavi, vice president for rural development and deprived areas, has announced.

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Publish Date:22/May/2018 | 05:19

NDFI Urged to Attract Foreign Investments

EghtesadOnline: President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures taken for boosting foreign relations through other channels.

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Publish Date:13/March/2018 | 06:55

NDFI Cap for Gov’t at $3.2b

EghtesadOnline: As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development Fund of Iran are allowed to be spent by the government.

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Publish Date:13/March/2018 | 06:41

NDFI to Get 32% of Oil, Gas Money

EghtesadOnline: Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law.

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Publish Date:18/February/2018 | 08:10

Rouhani Approves $500m From NDFI to Launch Rail Leasing Company

EghtesadOnline: President Hassan Rouhani has agreed to allocate $500 million from the National Development Fund of Iran , the country’s sovereign wealth fund, for the establishment of a rail leasing company, the deputy head of the Islamic Republic of Iran Railways said.

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Publish Date:14/January/2018 | 10:39

NDFI Pledges Support for Exports to Oman

EghtesadOnline: The director of the National Development Fund of Iran pledged the sovereign wealth fund’s support for companies exporting goods and technical and engineering services to Oman in a joint meeting with the head of the Iran-Oman Chamber of Commerce.

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Publish Date:14/January/2018 | 10:28

Warning Over Iran Wealth Fund Exodus

EghtesadOnline: Majis Research Center–the in-house think tank of lawmakers–has sounded an alarm on the profligate use of the resources of the National Development Fund of Iran , the country's beleaguered sovereign-wealth fund.

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Publish Date:14/January/2018 | 09:38

$46m Support Package for Industrial Exports

EghtesadOnline: The National Development Fund of Iran has signed a new deal with the country’s eximbank to dole out 2 trillion rials ($46 million) of joint resources as loans to meet the working capital needed for industrial exports.

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Publish Date:14/January/2018 | 09:33

NDFI Gets New Chief

EghtesadOnline: The Board of Trustees at the National Development Fund of Iran –the country’s sovereign wealth fund–appointed Morteza Shahidzadeh to take the institution’s helm after the resignation of its previous president was accepted on Saturday.

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Publish Date:14/January/2018 | 07:36

IMF, NDFI Convene in Tehran

EghtesadOnline: A delegation from the International Monetary Fund met with officials from the National Development Fund of Iran on Saturday.

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Publish Date:13/December/2017 | 24:38

$2b in Credit Lines for Importers of Iranian Goods

EghtesadOnline: The National Development Fund of Iran is allocating $2 billion in lines of credit for consumers in Iran’s primary export destinations this fiscal year (to end March 20, 2018), the chairman of Iran Trade Promotion Organization has announced.

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Publish Date:25/October/2017 | 15:00

NDFI to Offer Loans Worth $2b to Exporters

EghtesadOnline: The National Development Fund of Iran is to allocate a total of $2 billion to help Iranian exporters, the fund’s director said.

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Publish Date:23/October/2017 | 10:10

$2b in Loans for Exporters

EghtesadOnline: The government has allocated $2 billion in loans from the National Development Fund of Iran to exporters, the minister of economic affairs and finance said on Tuesday.

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Publish Date:07/October/2017 | 07:33

$850m of Cheap Export Loans Approved

EghtesadOnline: The Export Development Bank of Iran and the National Development Fund of Iran have agreed to add another 10 trillion rials ($256.4 million) to the previous 23 trillion rials ($589.7 million) meant to empower specialized banks to allocate cheap loans to boost non-oil exports, EDBI’s head of Credit Department announced.

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Publish Date:03/October/2017 | 11:56

NDFI Allocates Over $50m to Nomads

EghtesadOnline: A total of 2 trillion rials ($51.28 million) from the National Development Fund of Iran have been allocated to nomads to streamline red meat production, the head of Iranian Nomad Organization said.

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Publish Date:11/September/2017 | 10:45