EghtesadOnline: Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22).
EghtesadOnline: Iran’s sovereign wealth fund deposited a total of 14 trillion rials ($320 million) with six agent banks in the first four months of the current fiscal year (ended July 21) for the lenders to allocate as low-interest loans to various sectors with a special focus on agriculture.
EghtesadOnline: The Board of Trustees at the National Development Fund of Iran–the country’s sovereign wealth fund–appointed Morteza Shahidzadeh to take the institution’s helm after the resignation of its previous president was accepted on Saturday.
EghtesadOnline: The director of the National Development Fund of Iran pledged the sovereign wealth fund’s support for companies exporting goods and technical and engineering services to Oman in a joint meeting with the head of the Iran-Oman Chamber of Commerce.
EghtesaadOnline: Iran's sovereign wealth fund has allocated $36 billion in foreign exchange loans to bankroll the country’s national projects in the past six years ending Sept. 22.
EghtesadOnline: The National Development Fund of Iran, the national sovereign fund established in 2011, has published a comprehensive report on the first five years of its activity up to March 20, 2017.
EghtesadOnline: Criticizing legal restrictions on the government’s access to Iran’s sovereign wealth fund, the National Development Fund of Iran, President Hassan Rouhani said his government has deposited $40 billion into the fund since he took office in August 2013.
EghtesadOnline: The Iranian Parliament, apparently heeding the warnings of its research arm, on Sunday approved a measure requiring the Management and Planning Organization to establish a comprehensive online system to supervise a recent loan scheme by the country's sovereign wealth fund.
EghtesadOnline: The National Development Fund of Iran–the main sovereign wealth fund– has announced that it has recorded a year-on-year increase of “50% plus” in opening letters of credit during the previous fiscal year that ended in March.
EghtesadOnline: President Hassan Rouhani criticized the parliament for tying the government’s hands on access to Iran’s sovereign wealth fund amid the financial crunch caused by lower oil revenues.