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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

NDFI Focus on Manufacturing, Infrastructure

EghtesadOnline: CEO of the National Development Fund of Iran, the country’s sovereign wealth fund, has outlined the roadmap for the fiscal year that started on March 21.
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Publish Date:10/April/2019 | 24:38

€2.3b NDFI Resources for National Projects

EghtesadOnline: Lawmakers allowed the government on Sunday to withdraw €2.37 billion from the National Development Fund of Iran to be paid in foreign currency for completing national projects in the next fiscal that starts on March 21.
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Publish Date:25/February/2019 | 11:04

NDFI Lending Exceeds $8b

EghtesadOnline: According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June.
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Publish Date:22/December/2018 | 15:32

$1 Billion NDFI Loan to Boost Homeownership

EghtesadOnline: The idea of tapping into the reserves of the National Development Fund of Iran to empower the country’s main initiative aimed at supporting first-time homebuyers and other housing applicants has reportedly gathered steam and may be finalized in as early as two weeks.
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Publish Date:22/May/2018 | 05:05

NDFI Lending Hits $36b

EghtesaadOnline: Iran's sovereign wealth fund has allocated $36 billion in foreign exchange loans to bankroll the country’s national projects in the past six years ending Sept. 22.
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Publish Date:13/November/2017 | 07:18

Agriculture Entitled to 10% of NDFI Earnings

EghtesadOnline: As much as 10% of the National Development Fund of Iran’s annual earnings have been allocated to the agricultural sector, a deputy agriculture minister said.
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Publish Date:23/August/2017 | 09:02

Agriculture Entitled to 10% of NDFI Earnings

EghtesadOnline: As much as 10% of the National Development Fund of Iran’s annual earnings have been allocated to the agricultural sector, a deputy agriculture minister said.
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Publish Date:23/August/2017 | 09:02

NDFI Performance “Satisfactory”

EghtesadOnline: Natural Resource Governance Institute has granted the National Development Fund of Iran among the sovereign wealth funds in the world with a “satisfactory” ranking, declaring that the institute "has some strong governance procedures and practices, but some areas need improvement".
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Publish Date:02/August/2017 | 10:38

NDFI Reserves Hit $91b

EghtesadOnline: The National Development Fund of Iran has $91 billion in reserves, Mohammad Hosseini, who also represents the parliament on the NDFI governing board, said.
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Publish Date:19/June/2017 | 07:50

Ebtekar: Iran, Iraq to jointly control dust storms

EghtesadOnline: Vice President and Head of Iran's Department of the Environment, Massoumeh Ebtekar said on Wednesday that The National Development Fund of Iran ( NDFI ) has allocated $100 million to revive wetland.
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Publish Date:05/April/2017 | 13:09

Rouhani Slams Restriction on State Access to NDFI

EghtesadOnline: President Hassan Rouhani criticized the parliament for tying the government’s hands on access to Iran’s sovereign wealth fund amid the financial crunch caused by lower oil revenues.
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Publish Date:28/February/2017 | 15:34

NDFI Ready to Finance Trade With Latin America

EghtesadOnline: Iran's sovereign state fund is ready to bankroll projects involving the export of goods and techno-engineering services to Latin American countries, announced the fund's director.
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Publish Date:25/December/2016 | 07:01