Gov’t can borrow €3.4b from NDFI
Financial Tribune – The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts…
Tag Archives: National Development Fund of Iran (NDFI)
$1.6b allocated for modernizing transportation fleet
Tehran Times – Iranian deputy transport minister said National Development Fund (NDF) of Iran has allocated $1.6 billion for renovating the country’s…
Leader agrees with withdrawal from NDFI for completing Chabahar-Zahedan railway
MNA – Minister of Roads and Urban Development Mohammad Eslami said that Leader of the Islamic Revolution agreed with withdrawing from the…
Devastating floods further strain Iran’s creaking economy
Bourse and Bazaar – Iran’s economy was already creaking as two weeks of flooding devastated communities across the country, killing 76 people…
Leader permits using NDFI resources for post-flood renovation ‘if needed’
MNA – Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has agreed to the president’s request to get help from the…
Withdrawal from NDFI to be finalized after govt. damage report
MNA – Leader of the Islamic Revolution has reportedly agreed with withdrawal of some €2 billion from the National Development Fund of…
Rouhani asks Leader for withdrawal of €2b from NDFI: MP
MNA – In a letter to the Leader of the Islamic Revolution Ayatollah Khamenei, Iranian President Hassan Rouhani applied for permission to…
NDFI to get 20% of oil money
SHANA – Members the parliamentary select committee to study budget law signed off on a measure which determines the share of the…
$200m allotted to preserve natural resources
Financial Tribune – Iran’s Forests, Range and Watershed Management Organization has received a fund of $200 million from the National Development Fund…
NDFI official: 12% of NDFI’s financial resources earmarked to counter sanctions
MNA – A member of Board of Trustees at the National Development Fund of Iran said that the NDFI has allocated 12…
€260m NDFI loan for building major refinery project
SHANA – The National Development Fund of Iran (NDFI) will be tapped for a 260-million-Euro loan for completing the remaining phases of…
NDFI reserves to hit $40b by end of Rouhani Admin.
Shana– Iranian President Hassan Rouhani says the financial reserves of the National Development Fund of Iran (NDFI) will cross 40 billion dollars…
$340m allocated to tourism development in Iran
IFP- Saeed Shirkavand, the Vice-president of planning and investment in Iran Cultural Heritage, Handcrafts and Tourism Organization (ICHTO), announced that in the next…
NDFI, KEXIM ink MoU
TEHRAN, May 04 (MNA) – National Development Fund of Iran (NDFI) and the Export–Import Bank of Korea, also commonly known as the…
NDFI tapped for financing Siraf petchem project
TEHRAN, Nov. 14 (Shana) – A senior Iranian petrochemical official said tapping of National Development Bank of Iran (NDFI) has started to…
Investing in health knowledge-based firms
Developed nations seek to invest in science and technology and favor a divestment program in underground energy reserves, said Health Minister Hassan…
2 ministries could invest $100b to improve productivity
Tehran, March 17, IRNA — The Majlis on Monday passed a bill which allows the oil and energy ministries to invest up…
Majlis OKs NIDF finance of joint fields
TEHRAN Feb 24(Shana)–Iranian lawmakers have voted in favor of a piece of legislation for tapping the National Development Fund of Iran (NDFI)…
Methanol projects need NDFI help
TEHRAN Feb 18(Shana)–Methanol projects in Iran need budget allocation from the National Development Fund of Iran (NDFI), a deputy head of National…
Iran Majlis committee cuts NDFI share of oil
An Iranian parliamentary ad hoc committee reviewing the country’s national budget bill has cut the share of state-run rainy day kitty from…
Refinery needs 650m euros
TEHRAN Jan 26(Shana)–Minister of Petroleum Bijan Namdar Zangeneh has said that allocation of 650 million euros from the National Development Fund of…
$2b earmarked for water sector
TEHRAN Dec 30 (Shana)–Head of presidential office Mohammad Nahavandian has said the National Development Fund of Iran (NDFI) will be tapped for…
Banking advisor picked for Kharg NGL project
TEHRAN Dec 29 (Shana)–The banking advisor for financing the Kharg NGL project has been selected through a public tender. The advisor is…
Gov’t safeguards economy against oil price fall
TEHRAN Dec 28 (Shana)–Iran’s first vice-president said the government has adopted measures to cushion the economy against impacts of oil price fluctuations.…
Iran expects no budget deficit despite oil slide
TEHRAN Nov 2 (Shana)–Iran’s economy minister has said that the country would face no budgetary shortfall despite a sharp fall in the…
NDFI to finance Kharg NGL project
TEHRAN Sept 24 (Shana)–The National Development Fund of Iran (NDFI) is to be tapped for the development and completion of Kharg NGL…
NDFI to finance NGL project
TEHRAN Sep. (Shana)–Iran is to dip into the National Development Fund of Iran (NDFI) for financing an NGL project in the Kharg…