sovereign wealth fund
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Iran to Tap Into Wealth Fund to Combat COVID-19
EghtesadOnline: 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…
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Rural Water Supply Remains Energy Ministry Priority
EghtesadOnline: The Energy Ministry can withdraw $280 million from the National Development Fund of Iran, the country's sovereign wealth fund, to finish incomplete water and power projects, the…
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National Development Fund of Iran Lends $4.9b in 3 Months
EghtesadOnline: 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…
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€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…
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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…
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$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…
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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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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…
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Use of Sovereign Fund for Flood Relief Authorized
EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has given the administration conditional permission to withdraw from the country's sovereign wealth fund for relief…
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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…
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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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Iran President Solicits €2b From Sovereign Wealth Fund
EghtesadOnline: A lawmaker said Monday that President Hassan Rouhani has issued a decree to withdraw €2 billion from the National Development Fund of Iran after receiving permission from the…
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Iran Parliamentary Think Tank Warns About Sovereign Wealth Fund Future
EghtesadOnline: Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.
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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…
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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…