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$3b Deposited Into NDFI in Q1

EghtesadOnline: About $3 billion were deposited into the Development Fund of Iran from oil and gas resources in the first quarter of the current fiscal year (started March 21), chairman of the fund’s board of directors said.
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Publish Date:25/September/2017 | 24:32

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

Bank Sepah Allocated $11b From NDFI Forex Resources

EghtesadOnline: Bank Sepah allocated $11.17 billion from the National Development Fund of Iran's foreign exchange resources to bankroll major national projects in the last Iranian year (ended March 20, 2017).
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Publish Date:26/August/2017 | 06:19

NDFI to Funnel $1.5b Into Rural Development

EghtesadOnline: The parliament has approved a bill allowing the government to take out $1.5 billion from the National Development Fund of Iran for creating jobs in rural and nomadic areas in the current fiscal year (March 2017-18), legislator Gholamreza Kateb was quoted as saying by IRNA on Monday.
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Publish Date:20/June/2017 | 09:57

Majlis Budget Decisions on Finance, NDFI Withdrawals

EghtesadOnline: The parliament convened early Sunday and passed measures on foreign finance, withdrawals from the National Development Fund of Iran, transfer of funds from the banking network to the treasury, loans to academic institutions and loan penalty waivers.
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Publish Date:27/February/2017 | 07:13

IMIDRO Seeks $3b Loan From NDFI

EghtesadOnline: The mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:23/January/2017 | 14:06

NDFI Revenues to Be Hiked

EghtesadOnline: The parliament voted to raise Iran’s sovereign wealth fund’s share of petroleum revenues to 30% for the sixth five-year development plan (2016-21), up from the previous 20%.
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Publish Date:22/December/2016 | 11:39

NDFI Assets at $68b

EghtesadOnline: Iran’s sovereign wealth fund is becoming wealthier due to the oil producer’s increased sales, though low oil prices are slowing its growth.
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Publish Date:03/October/2016 | 21:31

NDFI Shifts Focus on Partnership Projects

Eghtesadonline:The National Development Fund of Iran ( NDFI ) has a new strategy that shows its investment in projects over and above $100 million will be in the form of partnership, a fund official said.
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Publish Date:05/May/2023 | 21:17

NDFI Releases Loan Data

EghtesadOnline: The National Development Fund of Iran ( NDFI ) released a report on its performance since inception in 2011 up until the last calendar year that ended in March.
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Publish Date:20/December/2022 | 21:34

Gov’t Tapping Into NDFI Resources

EghtesadOnline: A total of 56.5 trillion rials ($245.11 million) have been paid as part of coronavirus package from the National Development Fund of Iran, ISNA quoted Hamid Pour-Asghari, an official with the Plan and Budget Organization of Iran, as saying.
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Publish Date:25/August/2020 | 11:09

Rising Liquidity Stress Tied to Borrowing From NDFI , Sanctions

EghtesadOnline: 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 US sanctions on oil exports.
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Publish Date:07/June/2020 | 06:57

Gov’t Can Borrow €3.4b From NDFI

EghtesadOnline: 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.
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Publish Date:24/December/2019 | 24:39

€300m Will Be Allocated to Chabahar-Zahedan Railroad From NDFI

EghtesadOnline: 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 Afghanistan and Pakistan, both in Sistan-Baluchestan Province, from the National Development Fund of Iran, the country’s sovereign wealth fund.
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Publish Date:21/September/2019 | 24:20

MRC Castigates Evasion of NDFI Lending Rules

EghtesadOnline: 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 fund.
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Publish Date:17/August/2019 | 10:24

$230m From NDFI for Development Projects

EghtesadOnline: The National Development Fund of Iran, the country’s sovereign wealth fund, has signed a contract with the Export Development Bank of Iran to augment development projects worth $230 million.
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Publish Date:11/June/2019 | 10:10

NDFI to Pay $10 Billion in Forex Loans

EghtesadOnline: The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20).
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Publish Date:19/May/2019 | 09:17

NDFI Releases 2018 Lending Data

EghtesadOnline: According to a report published by National Development Fund of Iran on its website, the sovereign wealth fund, the fund gave foreign currency loans through 20 agent banks in the first 9 months of the previous year (March 21-Dec. 21 2018).
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Publish Date:20/April/2019 | 13:42

NDFI Withdrawal Could Be a Savior

EghtesadOnline: Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an opportunity to help stabilize the forex market.
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Publish Date:14/April/2019 | 14:56