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Iran draws over $1.25bn from NDF to create jobs

23 October 2019 - 03:12
Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.

Private investors shun mining amid “escalated investor concerns

23 October 2019 - 01:00
Private capital tracker Preqin in a third quarter update outlines “escalated investors’ concerns” for natural resource investment with “geopolitical pressure dictating much of the momentum” in the industry.

African lender eyes unloved neighborhoods in mining drive

20 October 2019 - 12:52
African Finance Corp. will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said.

Investment in Iran’s petchem industry to rise 75% by 2026

11 October 2019 - 15:27
Head of Iran’s National Petrochemicals Company (NPC) said investment in the country’s petrochemical sector is going to increase by 75 percent by the end of the Iranian calendar year 1404 (March 2026), IRNA reported.

Syria welcomes Iranian investment in mining sector

30 September 2019 - 01:41
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)'s Mining Committee said Syria welcomes Iranian private sector’s investment and contribution to the country’s mining projects.

Domestic companies ink $1.2b port development deal

27 September 2019 - 01:42
Iran’s private sector has signed a 50-trillion-rial (nearly $1.2 billion) contract for developing Shahid Rajaie port in southern Iran, IRNA reported, quoting the head of Hormozgan Province Ports and Maritime Department as saying on Tuesday.

Bahrain's Alba raising $1.5 billion in bank debt -sources

5 September 2019 - 14:31
Aluminium Bahrain (Alba) , owner of one of the world’s largest aluminium smelters, is raising $1.5 billion in bank debt to refinance loans it obtained in 2016 to back its Line 6 expansion project, two sources familiar with the matter said.

$1.6b allocated for modernizing transportation fleet

3 September 2019 - 17:29
Iranian deputy transport minister said National Development Fund (NDF) of Iran has allocated $1.6 billion for renovating the country’s transportation fleet, IRIB reported on Tuesday.

Domestic investment in Iran’s free zones up nearly 40%

29 August 2019 - 02:02
The secretary of Iranian Free Zones High Council said domestic investment in the country’s free economic, industrial zones increased nearly 40 percent in the past Iranian calendar year of 1397 (ended on March 20), IRIB reported on Tuesday.

Why Chinese overseas investment growth is set to slow further

22 August 2019 - 23:49
China’s overseas investment growth will likely slow or even decline in the next few years, as geopolitical and economic risks around the world increase, according to credit rating agency, Moody’s Investors Service.
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