• فا
  • Thursday 09 December 2021
NDF Proposes ECO Joint Investment Fund, Confirmed by Iranian President

NDF Proposes ECO Joint Investment Fund, Confirmed by Iranian President

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

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

EX Member visited industrial projects financed by NDF FX resources in his trip to Kerman Province.

Development Fund

National Development Fund of Iran is the manifestation of Iran’s political will and determination to move in a new direction. It was established in 2010 and has been enjoying a constant stream of revenues originating from oil and gas exports. With regard to assets under management NDFI ranks 21st among SWFs in the world. Regarding transparency ranking, NDFI has improved from 61 to 28 and considers transparency enhancement, along with good governance, ethics and international criteria as its lifelong targets and puts them top on its agenda.

The creation of a sovereign development fund in Iran dates back to 14 years ago, when Iran established an Oil Stabilization Fund (OSF) to shield the country against severe hard currency revenue fluctuations . NDFI, set up in 2010, is the result of experiences of OSF and in coexistence with OSF, is mandated to invest for sustainable development and decrease disparities among the regions of the country.

Mission

NDFI as a non-government public entity enjoys independently...

By Law

Enacted on 26 June 2012, by National Development Fund's Executive director’s with reference to ,...

Article of association

National Development Fund is established to turn some of the ,...

Investment Ethics

NDFI as a non-government public entity enjoys independently ...

World News Review

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Russian Sovereign Wealth Fund looks to invest in Turkey

China Sovereign Fund Has Loss on Commodities, Negative Rates

China Sovereign Fund Has Loss on Commodities, Negative Rates

Trinidad Joins Global Energy Giants in Tapping Sovereign Fund

Trinidad Joins Global Energy Giants in Tapping Sovereign Fund

Caribbean natural gas producer buffeted by low energy prices Finance minister says government withdrew $375 million

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