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Italy's Azimut seals deal to become first foreign fund to operate in Iran
An Italian asset manager purchased stakes in an Iranian financial company to become the first foreign fund house to invest in the nation's financial sector.
EU unveils defense fund, urges US to stay on world stage
The EU unveiled an unprecedented plan for common defense spending on Wednesday to help Europe stand alone as a global military power, while urging the United States under Donald Trump to remain on the world stage.
Mogherini: EU will give 50mn euros to fund African force in Sahel
The European Union says it plans to spend 50 million euros to finance the establishment of a joint African military force in the Sahel region with the declared aim of fighting terrorism, among other threats.
Nine firms ready to fund Iran plane purchases
Iran announced that several major European and Asian financiers have announced their readiness to fund the purchases of planes from global aviation giants Airbus and Boeing.
Report: Development, current expenditure funds up under Rouhani
Funds allocated for development projects and the government's current expenditures rose during President Hassan Rouhani's administration despite a sharp fall in oil revenues, said a report.
Iranian fund sets sights on Japan stocks
With the lifting of Western sanctions, Iran is ready to ramp up economic activities overseas, including investment in the Japanese stock market.
Germany moves to deprive far-right NPD of state funds
The German government on Friday announced steps to choke off state campaign finance for the far-right NPD party, after a failed court bid to outlaw the xenophobic fringe group.
BRICS development bank plans to fund $3 billion worth of projects in 2017
The New Development Bank set up by the BRICS group of emerging economies plans to fund 15 infrastructure projects in member countries worth upto $3 billion this year, the bank's president, K.V. Kamath, said on Thursday.
Iran ready for further coop. with UN Population Fund
Foreign Minister Zarif voiced Iran’s readiness to cooperate with the United Nations Population Fund (UNPF) for drawing new population policies given the country’s gradual aging society.
Minister: Energy projects continuing despite low funds
Energy Minister Hamid Chitchian underlined that his ministry has managed to implement water and power projects despite limited financial resources.
Foreigners fund largest Iran zinc project
Iran will soon get the first tranche of a $1 billion foreign investment line for a major zinc production plan in the central Yazd province.
More funds for promoting literacy
The government has increased the budget for promoting literacy in the current year, said the head of Iran Literacy Movement Organization (ILMO).
Non-government sources fund 90% of IMIDRO projects
Deputy Industry, Mines and Trade Minister Mehdi Karbasian said 90% of the funds for implementation of projects belonging to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) are being maintained by non-government sources (private sector, finance, etc.).
Health sector needs sustainable funds
The implementation of Health Overhaul Plan has put the issue of health and treatment in the spotlight, said the managing director of Health Insurance Organization.
More funds for petchem projects
Iran's National Petrochemical Company (NPC) will invest more funds in the country's petrochemical projects to accelerate their implementation, a deputy head of NPC said.

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