The National Development Fund has acquired 8.37 billion shares of Sina Bank

In reference to the third conference with the slogan "Modern Governance in the National Development Fund," Afshari stated that the conference will be held on May 14th, 2023, at the Iran Broadcasting Conference Center, co...

Cote D'Ivoire (Ivory Coast) Ambassador and NDF President Mahdi Ghazanfari met to discuss enhancement of economic cooperation in Ivory Coast. In a meeting held here in Tehran, Mehdi Ghazanfari, welcoming the proposal for the ND...

Highlighting the support to NDF by Chamber of Commerce, NDF Executive Board Chairman elaborated on the latest status of reserves and repayment of FX facilities.

Elaborating on NDF facilities, NDF Banking and Credit Vice-president said:"Through the new procedures of Pegged Currency (MANA), FX facilities would be not in single foreign currency but from a diversified basket of curr...

Annual deposit of 42 percent of the revenues earned out of cash oil export, crude oil barter deals, management of NDF accounts independently from Central Bank, increase and strengthening of NDF resources through investment domesti...

During Covid-19, the NDFI played an important role in Iran as it supported the production of vaccines and stabilized capital markets. With assets of over US$ 140 billion, the fund is now ready for some changes including investment...

Global SWF Ranking in a recent report announced: “In spite of strict financial sanctions imposed on Iran, NDF stands as the world’s 17th largest SWF with US$ 139 Billion of Assets.

Mehdi Ghazanfari in a meeting with NDF Experts elaborated on flow of resources to NDF and stressed on the need to change National Development Fund to a Sovereign Wealth Fund.

NDF Chairman of Executive Board elaborated on resolutions approved in the meeting of Board of Trustees, held in presence of Iranian President Raisi.