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Implementation of more than 10 cooperation projects with Kyrgyzstan in case of establishing a joint investment fund.

Implementation of more than 10 cooperation projects with Kyrgyzstan in case of establishing a joint investment fund.

Stating that more than10 joint cooperation projects between Iran and Kyrgyzstan can be implemented, the Deputy for Foreign Investment of the National Development Fund announced: "The National Development Fund can take action ...
A new mechanism for the National Development Fund in the 7th Development Plan

A new mechanism for the National Development Fund in the 7th Development Plan

The 13th government is attempting to take three steps to enhance the National Development Fund's situation. First, by controlling the government's budget, withdrawals and facilities will be reduced. Second, steps should be...
Using buyer's credit, the National Development Fund operates in the sphere of international financing

Using buyer's credit, the National Development Fund operates in the sphere of international financing

In reference to the National Development Fund's operation in the sphere of international finance through buyer's credit, the member of the executive board and vice president of foreign investment added: In this approach...
National Development Fund Receives Support from 13th Government to Strengthen Claim Collection and Implement Currency Accounting System

National Development Fund Receives Support from 13th Government to Strengthen Claim Collection and Implement Currency Accounting System

Mehdi Ghazanfari, Chairman of the Executive Board of the National Development Fund addressed the third international conference of the National Development Fund. In his speech, Ghazanfari explained that government facilities taken...
Transforming the National Development Fund into a National Wealth Fund/ Making the fund declared to the public openly

Transforming the National Development Fund into a National Wealth Fund/ Making the fund declared to the public openly

Mehdi Ghazanfari, Chairman of the Executive Board of the National Development Fund, emphasized the importance of converting the National Development Fund into a National Wealth Fund. He stated, "It is crucial to effectively c...
The National Development Fund is playing a crucial role in boosting investment and increasing oil revenues

The National Development Fund is playing a crucial role in boosting investment and increasing oil revenues

The Chairman of the Executive Board of the National Development Fund emphasized that the fund has the potential to boost national income. He further explained that this increase could result in higher budgets for various instituti...
The National Development Fund of Iran's new strategy to take part in projects over 100 million dollars for investment

The National Development Fund of Iran's new strategy to take part in projects over 100 million dollars for investment

The executive board member and the banking and credit deputy for the National Development Fund said, "The National Development Fund finances projects under 100 million dollars and partakes and invests in projects over 100 mil...
The program of six webinars designed for the third National Development Fund International Conference

The program of six webinars designed for the third National Development Fund International Conference

A series of six webinars featuring university professors and experts will cover the topics of the National Development Fund's third international conference. These webinars will take place from May 1st to May 14th of this year...
The role of the National Development Fund in the development of water and electricity infrastructure and increasing the capacity of electricity production in the country

The role of the National Development Fund in the development of water and electricity infrastructure and increasing the capacity of electricity production in the country

In the presence of the first vice president and Mehdi Ghazanfari, the head of the National Development Fund, the performance report of the National Development Fund in financing power plant projects was discussed and the latest st...
The essence of the National Development Fund's charter is a commitment to future generations

The essence of the National Development Fund's charter is a commitment to future generations

Because natural resources such as oil and gas are finite, the National Development Fund's resources belong to future generations. Now that we are depleting these resources, we must preserve a portion of them for future generat...
The CEO of the National Development Fund has announced that the Fund has acquired a 33% ownership stake in Sina Bank

The CEO of the National Development Fund has announced that the Fund has acquired a 33% ownership stake in Sina Bank

 The National Development Fund has acquired 8.37 billion shares of Sina Bank
The focus of the announcement is on the explanation of modern governance for the National Development Fund

The focus of the announcement is on the explanation of modern governance for the National Development Fund

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...
NDF Up to Invest in Venezuelan Oil and Petrochemical Projects

NDF Up to Invest in Venezuelan Oil and Petrochemical Projects

NDF’s most significant indicator of investment is minimum expected profit and low risk in the meantime”, said Mehdi Ghazanfari, NDF President, in a meeting with Venezuela Transportation Minister. In case of low risk, N...
Ivory Coast Ambassador and NDF President Reviewed Economic Ties Development.

Ivory Coast Ambassador and NDF President Reviewed Economic Ties Development.

  • News
  • 11 December 2022
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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...
The Latest Status of Reserves and FX Facilities Repayment

The Latest Status of Reserves and FX Facilities Repayment

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.
NDF FX Basket Diversification to Support Development and Execution of Projects/Entering Pegged Currency (MANA)

NDF FX Basket Diversification to Support Development and Execution of Projects/Entering Pegged Currency (MANA)

  • News
  • 18 September 2022
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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...
Fundamental Changes in NDF Articles of Association

Fundamental Changes in NDF Articles of Association

  • News
  • 13 September 2022
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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...
Fund of the Month (Aug'22): NDFI

Fund of the Month (Aug'22): NDFI

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...
Iran’s NDF Shines with US$ 139 Billion of Assets: World’s 17th Largest Fund

Iran’s NDF Shines with US$ 139 Billion of Assets: World’s 17th Largest Fund

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.
Ghazanfari: NDF to SWF, a Must

Ghazanfari: NDF to SWF, a Must

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 Investment in Financial and Monetary Markets

NDF Investment in Financial and Monetary Markets

NDF Chairman of Executive Board elaborated on resolutions approved in the meeting of Board of Trustees, held in presence of Iranian President Raisi.
NDFI's Asset Under Management, portfolio, and Operating Profit

NDFI's Asset Under Management, portfolio, and Operating Profit

Mohammad Mehdi Bakhshi,  Head of the Statistics and Planning of the National Development Fund  of Iran explain abourt NdfI's AUM, portfolio and  operational profit
Building the future of our precious Homeland.

Building the future of our precious Homeland.

We are on the verge of changing our approach to build the future of our precious homeland, says Dr. Ghazanfari in his 1401 Persian New Year message.
NDF to Invest in Knowledge Enterprises

NDF to Invest in Knowledge Enterprises

“NDF's investment in macro Knowledge-based Enterprise is a must.”, says NDF Executive Board Ghazanfari in an online speech.
Mehdi Ghazanfari, Head of the executive board of the NDFI at the tripartite meeting of the National Development Fund, Ministry of Foreign Affairs and ECO Secretariat

Mehdi Ghazanfari, Head of the executive board of the NDFI at the tripartite meeting of the National Development Fund, Ministry of Foreign Affairs and ECO Secretariat

Establishment of a joint investment fund of National Development Sovereign Wealth(NDSW) funds of ECO member states leads to investment and financing of regional projects.
The latest ranking of Sovereign wealth Funds

The latest ranking of Sovereign wealth Funds

According to the latest update on the globalswf  wrbsite, there are currently 169 SWFs  in the world with total assets under management of about $ 11tn.
NDF Proposes ECO Joint Investment Fund, Confirmed by Iranian President

NDF Proposes ECO Joint Investment Fund, Confirmed by Iranian President

  • News
  • 29 November 2021
  • 0
Iranian President Raisi found NDF proposal to open ECO Joint Investment Fund a significant solution.
NDF to Preserve Next Generations’ Wealth

NDF to Preserve Next Generations’ Wealth

  • News
  • 21 November 2021
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Banks are expected to believe in NDF as a fund to preserve the next generations’ wealth.
NDF Finances Four Kerman-based Industrial Projects

NDF Finances Four Kerman-based Industrial Projects

  • News
  • 13 November 2021
  • 0
EX Member visited industrial projects financed by NDF FX resources in his trip to Kerman Province.
NDF Chairman Meets ICA Budget and Planning Commission Members

NDF Chairman Meets ICA Budget and Planning Commission Members

  • News
  • 07 November 2021
  • 0
NDF Chairman and Deputies met with members of Budget and Planning Commission of Islamic Consultative Assembly (ICA) here in NDF head office on November 7, 2021.
Dr. Ghazanfari Elaborates NDF New Plans

Dr. Ghazanfari Elaborates NDF New Plans

  • News
  • 01 November 2021
  • 0
NDF Chairman Dr. Ghazanfari stressed on delegation of some powers and authorities by the Board of Trustees to NDF Executive Board.
To Save Next Generations’ Shares: NDF Partakes in Macro and Economic Projects

To Save Next Generations’ Shares: NDF Partakes in Macro and Economic Projects

Aimed at preserving the next generations’ shares and convert of national resources into economically productive capital, NDG plans to participate in macro and economic projects.
Iran President Puts Mehdi Ghazanfari In-charge of NDF

Iran President Puts Mehdi Ghazanfari In-charge of NDF

Dr. Mehdi Ghazanfari was appointed as the Chairman of NDF Executive Board. Iranian President Ebrahim Raisi appointed Dr. Mehdi Ghazanfari as the Chairman and Member of NDF Executive Board.
Morteza Shahidzadeh was appointed as the new chairman of NDF’s executive board

Morteza Shahidzadeh was appointed as the new chairman of NDF’s executive board

According to Public Relations of NDFI; At this  meeting, in accordance with the NDF Articles of Association, the issue of the resignation of Engineer Ahmad Doost Hosseini, the chairman of the National Development Fund Board, ...
We are ready for mutual investment with world Sovereign Wealth Funds

We are ready for mutual investment with world Sovereign Wealth Funds

According to Public Relations of NDFI, in joint meeting with the executives and senior managers of Baiterek, Kazakhstan National Management Holding, in Iran, Dr. Seyed Safdar Hosseini said: ' National Development Fund is investiga...
Mutual investment in association with National Development Fund and Spain's financial institutions

Mutual investment in association with National Development Fund and Spain's financial institutions

  • News
  • 01 February 2016
  • 0
"Mutual investment in association with Spain's financial institutions could accelerate Iran's economic development relying on private sector's role", said Chairman of NDFI board of directors.
Transforming NDFI’s resources into a lever to attract foreign investment

Transforming NDFI’s resources into a lever to attract foreign investment

'Transforming NDFI’s resources into a lever to encourage foreign investors to invest in Iran is in the agenda of the Fund  ' NDFI Chairman of Board of Executive Directors said in the seventh meeting of the International...
NDFI’s AUM exceeds $62 billion

NDFI’s AUM exceeds $62 billion

Seyed Mohammad Qhasem Hosseini, NDFI Alternate chairman & NDFI member of the executiveBoard of directors, talking about NDFI assets under management said: currently NDFI AUM exceeds$62 billion while NDFI available resources fo...
NDFI and Venezuela exploring cooperation opportunities: Venezuelan ambassador at NDFI

NDFI and Venezuela exploring cooperation opportunities: Venezuelan ambassador at NDFI

The Chairman of Board of Executive Directors of National Development Fund of Iran met with the Venezuelan ambassador and his advisor. Dr. Seyed Safdar Hosseini referred to his previous visits to Venezuela as finance minister in 20...
German ambassador meets with NDFI President

German ambassador meets with NDFI President

In a second meeting in recent months between NDFI delegation and the German ambassador and the head of the economic department of the German embassy, Dr. Seyed Safdar Hosseini concisely acquainted the party with the strategies and...
New Members for NDFI Board of Executive Directors

New Members for NDFI Board of Executive Directors

On February 16, three highly qualified professionals joined NDFI Board of Executive Directors: Mohammad Reza Shojaoddini, Seyed Mohammad Saied Nouri Naieni and Masood Mozayeni, while Seyed Ghasem Hosseini retained his position as...

2 B$ of NDFI funds to be deposited in banks abroad

The Iranian parliament has provided the national development fund of Iran discretion to deposit 2 billion US dollars of its available funds with banks outside of Iran for the funding of Iranian contractors who have scored internat...
NDFI resources exceed $ 58.6 billion

NDFI resources exceed $ 58.6 billion

  • News
  • 23 February 2014
  • 0
January 5, 2013 marks the third year of NDFI establishment. Accumulation of USD 58.6 billion amid the harshest sanctions and around USD 22.5 billion of loans extended/earmarked in this short period are indicatives of NDFI determin...
President of NDFI Met the IMF Delegation

President of NDFI Met the IMF Delegation

  • News
  • 10 February 2014
  • 0
Hosseini announced the revision of the organizational structure of the National Development Fund of Iran and Establishment of Portfolio and Risk Committees, among other issues. Chairman of Board of Executive Directors of ...

NDFI resource for Innovation in Iran

  • News
  • 10 February 2014
  • 0
NDFI is required to allocate the Rial equivalent of 200 million Dollar to recapitalize Innovation and Flourishment Fund with the aim of protecting knowledge based companies. foreign currency is converted to Rial merely in E...

NDFI resource allocation to agriculture and cooperative sector

  • News
  • 10 February 2014
  • 0
10 percent of NDFI national currency resources could go to private sector for implementation of environmental and agricultural plans. 10 percent of NDFI national currency resources is allocated to private and nongovern...

NDFI to deposit 20% of resources in foreign currency with the domestic Banks

  • News
  • 10 February 2014
  • 0
Having ratified some other chapters of the 1393 Budget, the MPs authorized NDFI to deposit 20% of its resources in foreign currency with domestic private and state banks. The interest will be used to achieve NDFI objectives. T...

NDFI Response to Spiegel

  • News
  • 30 December 2013
  • 0
In response to the article written by Spiegel staff, published in English and German in November & December 2013, National Development Fund of Iran (NDFI) asked Spiegel to publish the following text which delineates the facts ...
NDFI President Talks with Spanish Ambassador to Tehran: Spain appropriate destination for NDFI investment

NDFI President Talks with Spanish Ambassador to Tehran: Spain appropriate destination for NDFI investment

  • News
  • 10 December 2013
  • 0
Seyed Safdar Hosseini, NDFI President met with Pedro Villena, ambassador of Spain to Tehran. The two sides agreed to explore fields of cooperation between the two countries. Hosseini mentioned the long history of relations of the ...
"Iran Ready for Economic Corporation"

"Iran Ready for Economic Corporation"

  • News
  • 23 November 2013
  • 0
Prof. Dr. Friedbert Pflüger , Director - European Centre for Energy and Resource Security (EUCERS), after a two-day stay in Kish Island to attend the NDFI conference and delivering a very insightful speech, in his return ...
NDFI President Talks with Norwegian Ambassador to Tehran: NDFI- GPFG could enhance FDI and Economic Relations of the Two Countries

NDFI President Talks with Norwegian Ambassador to Tehran: NDFI- GPFG could enhance FDI and Economic Relations of the Two Countries

  • News
  • 17 November 2013
  • 0
eyed Safdar Hosseini, NDFI President met Jens-petter Kjemprud, ambassador of Norway to Tehran. The two sides agreed to take practical measures for cooperation among the national Funds of the two countries. Hosseini apprecia...
Meeting with CEO of Halkbank

Meeting with CEO of Halkbank

  • News
  • 17 November 2013
  • 0
On November 10th 2013 Mr. Suleyman Aslan, CEO of Halkbank and Mr. Safdar Hosseini, chairman of NDFI held their first meeting and expressed their interest in initiating cooperation. Halkbank is the only Turkish bank which has ha...
Meeting with IMF delegates

Meeting with IMF delegates

  • News
  • 17 November 2013
  • 0
Two Executive Directors and the deputy of International Investments and Operations met with the IMF representatives in Tehran on Nov 03, 2013. While praising the quality and role of the newly held NDFI international confere...
Collaboration of National Development Fund of Iran with OPEC Fund for International Development and Islamic Development Bank ( IDB )

Collaboration of National Development Fund of Iran with OPEC Fund for International Development and Islamic Development Bank ( IDB )

  • News
  • 10 November 2013
  • 0
On the sideline of the first NDFI international conference on sovereign wealth, asset allocation and risk management, NDFI agreed to corporate with OFID and IDB group . Dr. Mohammad Mazraati chairman of the conference ment...
National Development Fund of Iran member of International Forum of Sovereign Wealth Funds

National Development Fund of Iran member of International Forum of Sovereign Wealth Funds

NDFI deputy of Foreign Investments and Operations talking about membership of NDFI in International Forum of Sovereign Wealth Funds , said :The members soon determine the location of IFSWF secretariat , by voting in its annual ...
NDFI resources exceeded $ 54 Billion

NDFI resources exceeded $ 54 Billion

  • News
  • 14 September 2013
  • 0
The chair of Board of Executive Directors of National Development Fund of Iran, talking on the resources of the Fund said: Based on the Articles of Association of the Fund, this year (starting 21 March, 2013) twenty six percen...
NDFI Contracts with Banking System 36 Billion Dollars

NDFI Contracts with Banking System 36 Billion Dollars

Mohammad Reza Farzin, President and chairman of Board of Executive Directors of National development Fund of Iran explained the performance of the Fund. Based on him, the “supervision and Credit Deputy” supervises eve...
No lack of resources for NDFI

No lack of resources for NDFI

NDFI Vice President: the grand total of resources transferred to NDFI, amounts to $ 52 billion. Regarding the annual need of 10-15 billion, no constraints will appear for the next 3 years. Seyed Mohammad Ghasem Hosseini added: ...
the role of NDFI in providing financial facilities for the industrial sector

the role of NDFI in providing financial facilities for the industrial sector

NDFI, in essence, is a developmental entity. A main task of NDFI is to consider various sectors, especially the industry, manufacturing and economic sectors which is the main mission of NDFI. In industry and mining sector, Som...
the role of NDFI in financing projects

the role of NDFI in financing projects

Ali Movahednejad, Member of Board of Executive Directors and Deputy of Credit and Supervision on the Projects explains the role of NDFI in financing projects. “Establishment of NDFI in 1390, at the peak of sanction...
NDFI RESOURCES HIT 52 BILLION DOLLARS

NDFI RESOURCES HIT 52 BILLION DOLLARS

The president of NDFI announced that the resources of NDFI have exceeded 52 billion Dollars. Based on him, 50 thousand billon Rials of NDFI resources have been allocated to agricultural sector. Talking with the Fars News Agency...
NDFI resources hit 49.6 billion dollars

NDFI resources hit 49.6 billion dollars

Taking into consideration the 14.7 billion dollars of oil and gas revenues transferred to the NDFI accounts, its total assets exceed $49.6 billion. President of NDFI, talking in a press conference, said: every Iranian has 70...
Road Map of National Development Fund of Iran (NDFI) for the New Year (2013-2014)

Road Map of National Development Fund of Iran (NDFI) for the New Year (2013-2014)

Dr. Mohammad Reza Farzin, president of NDFI explained the current situation of the economy, the political status and the developments ahead of the country. Referring to the importance of NDFI in the economic position of the cou...
Job Opportunity

Job Opportunity

Job opportunityNational development Fund of Iran is seeking talented professionals for its International Operations Department.International Operations Department deals with the international markets, foreign stock exchanges, ...
Appointment of the Secretary of the Board of Executive Directors

Appointment of the Secretary of the Board of Executive Directors

Dr. Mohammad Reza Farzin, the president and Chairman of the Board of Executive Directors, appointed Dr. Abulfazl Najjar Zadeh as the secretary of the Board of Executive Directors and the manager of the president's office. Dr. ...
The semiannual meeting of the Board of Trustees of NDFI

The semiannual meeting of the Board of Trustees of NDFI

 The semiannual meeting of the Board of Trustees of NDFI        The semiannual meeting of the Board of Trustees of NDFI, headed by the president, was held on January 16.  Dr. Moha...
NDFI Resources 42 Billion Dollars

NDFI Resources 42 Billion Dollars

  • News
  • 12 November 2012
  • 0
Mohammad Reza Farzin, CEO of National development Fund of Iran, announced the resources of NDFI to be 42 billion dollars. He referred to 14 contracts between NDFI and private and state-owned agent banks, for the provision of some...
The First Conference onNational Wealth, Sustainable Development

The First Conference onNational Wealth, Sustainable Development

The First Conference onNational Wealth, Sustainable Development
Possibility of National Development Fund to Make Investment in Appropriate Economic Projects of Islamic Countries

Possibility of National Development Fund to Make Investment in Appropriate Economic Projects of Islamic Countries

In a joint meeting between the chairman and executive directors of NDF and the ambassadors of Islamic countries, possibility of investment in suitable economic projects in Islamic countries underscored.  Dr. mohammad Reza F...
A brief description of the National Development Fund’s Logo

A brief description of the National Development Fund’s Logo

A brief description of the National Development Fund’s Logo - Regarding the philosophy of the establishment of the fund, aiming at creating long-lasting productive wealth, out of oil and gas revenues, the core dark blue d...
INDF sings 2-billion-dollar agency contract with Bank Melli

INDF sings 2-billion-dollar agency contract with Bank Melli

The managing director of Iran ’s National Development Fund has sealed an agency agreement of two billion dollars with Bank Melli.   According to the INDF Public Relations Department, it is the ninth agency agreement...
INDF allocates 1.3 billion dollars for buying new planes

INDF allocates 1.3 billion dollars for buying new planes

Managing Director of Iran’s National Development Fund says it has set aside 1.3 billion dollars to buy new airplanes for the country’s civil aviation network. In his first press conference, Dr. Mohammad Reza Farzin, ...
INDF to promote national production, support Iranian labor and capital, says INDF chief

INDF to promote national production, support Iranian labor and capital, says INDF chief

The new head of Iran 's National Development Fund said it has prioritized financing national projects to help boost national production and support Iranian labor and capital as reiterated by the leader of Islamic Revolution Ayatol...
New head of INDF appointed

New head of INDF appointed

Iran’s President appointed Dr. Mohammad Reza Farzin as the new head of the National Development Fund of Iran. Dr. Farzin is also acting as a member of the Board of Directors of the fund. According to the INDF Public Relati...
INDF funds allocated to investment in foreign financial, monetary markets

INDF funds allocated to investment in foreign financial, monetary markets

A member of Iran’s National Development Fund’s Board of Directors said facilities will be given to investors who want to invest in foreign financial and monetary markets as well as foreign investors.   Mahmoud ...
INDF sets aside 20 percent of its funds to joint ventures

INDF sets aside 20 percent of its funds to joint ventures

Seyyed Mohammad Qasem Hosseini said the plan aims to promote investment and transfer of Iranian science and technology abroad. As reported by the INDF Public Relations, more facilities will be provided to joint ventures in the f...
INDF resources available to foreign investors

INDF resources available to foreign investors

Rahim Qorbani added Iranian investors residing abroad will be also offered the INDF facilities in various sectors including the export of technical and engineering services and products. “Foreign investors who are doing bu...
Foreign currency facilities allocated to buyers of Iranian goods

Foreign currency facilities allocated to buyers of Iranian goods

According to the Public Relations of the INDF, Mahmoud Dodangeh added that resources will be paid to foreign partners of Iranian companies who hold an account with the Expert Development Bank.  He said a sum of two billion ...
INDF support for joint projects between Iran and foreign countries

INDF support for joint projects between Iran and foreign countries

Rahim Qorbani said foreign investors who want to use the fund’s facilities independently and without the participation of domestic investors should apply for permission from the parliament. The Public Relations of the INDF...
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