The economy of Iran is a mixed economy with a large state-owned sector. It is the world's 23rd largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower." A unique feature of Iran's economy is the presence of large religious foundations called Bonyad, whose combined budgets represent more than 30 percent of central government spending.
Standard Chartered plc is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people. It is a universal bank with operations in consumer, corporate and institutional banking, and treasury services. Despite its UK base, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa and the Middle East.
A.P. Møller – Mærsk A/S, also known simply as Maersk, is a Danish shipping company, active in ocean and inland freight transportation and associated services, such as supply chain management and port operation. Maersk has been the largest container shipping line and vessel operator in the world since 1996. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and around 83,000 employees worldwide in 2020.
Bank Sepah, the first Iranian bank, was established in 1925. Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged 4 other Iranian banks and 1 Credit Institution named: Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution.
Bank Saderat Iran(BSI) is an Iranian multinational banking and financial services company headquartered in Tehran, Iran. It is Iran's largest bank. It was founded in Tehran in 1952 by the prominent Mofarrah and Bolurfrushan families, represented in the first board by Mohammad Ali Mofarrah and Mohammad Bolurfrushan and commenced operation on 13 November 1952 with a board of three directors and 20 employees.
The Islamic Revolutionary Guard Corps is a branch of the Iranian Armed Forces, founded after the Iranian Revolution on 22 April 1979 by order of Ayatollah Ruhollah Khomeini. Whereas the Iranian Army defends Iranian borders and maintains internal order, according to the Iranian constitution, the Revolutionary Guard is intended to protect the country's Islamic republic political system. The Revolutionary Guards base their role in protecting the Islamic system as well as preventing foreign interference and coups by the military or "deviant movements".
Telecommunication Company of Iran, or TCI, is the fixed-line incumbent operator in Iran offering services in fixed telephony, DSL and data services for both residential and business customers, all throughout the country. It was established in 1971 with a new organizational structure as the main responsible administration for the entire telecommunication affairs.
Sberbank CIB is a multinational investment banking and asset management firm headquartered in Moscow, Russia, and a subsidiary of Sberbank. It was founded in Moscow in 1991, and was formerly known as Troika Dialog.
The United States has since 1979 applied various economic, trade, scientific and military sanctions against Iran. U.S. economic sanctions are administered by the Office of Foreign Assets Control (OFAC), an agency of the US Treasury Department. Currently, US sanctions against Iran include an embargo on dealings with the country by the U.S., and a ban on selling aircraft and repair parts to Iranian aviation companies.
Sayyid Hassan Aghaee Firouzabadi was an Iranian military officer. He served as the Chief-of-Staff of the Iranian Armed Forces—the most senior military authority in Iran—from 1989 to 2016. After that, he was appointed as a senior military advisor to the Supreme Leader of Iran and a member of the Expediency Discernment Council.
There have been a number of sanctions against Iran imposed by a number of countries, especially the United States, and international entities. The first sanctions were imposed by the United States in November 1979 after a group of radical students seized the American Embassy in Tehran and took hostages. These sanctions were lifted in January 1981 after the hostages were released.
Khatam al-Anbiya Construction Headquarter is an Iranian engineering firm controlled by the Iranian Revolutionary Guard Corps (IRGC). The firm, also known as GHORB, is the IRGC's major engineering arm and one of Iran's largest contractors in industrial and development projects. Khatam al-Anbiya was created during the 1980–88 Iran–Iraq War to help rebuild the country, and has diversified over the years into companies dealing with mechanical engineering, energy, mining and defense.
EN Bank, also known as Eghtesad Novin Bank is the Islamic Republic of Iran's first private bank established by the Eghtesad Family offering retail, commercial and investment banking services in Iran. The company was established in 2000 as a part of the government's privatization of the banking system.
The Bank of Moscow was a Russian bank that provided banking services to both corporate and retail customers until May 2016. Headquartered in Moscow, the bank had 267 outlets, including branch offices and cash desks. BoM had over 114,000 corporate and 9 million retail customers. In 2011 it was the fifth largest bank in Russia. As of 1 July 2016, it had 6.3 million banking cards in its portfolio. Its central office was located in the building of the Moscow International Bank in Moscow, on the corner of Kuznetsky Most and Rozhdestvenka streets.
The Execution of Imam Khomeini's Order (EIKO),, also known as the Executive Headquarters of Imam's Directive or simply Setad, is a parastatal organization in the Islamic Republic of Iran, under direct control of the Supreme Leader of Iran. It was created from thousands of properties confiscated in the aftermath of the 1979 Islamic Revolution. A Reuters investigation found that the organization built "its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians", also seizing property from members of religious minorities, business people and Iranians living abroad; at times falsely claiming that the properties were abandoned.
Qarz Al-Hasaneh Mehr Iran Bank, also known as QMB, is an Iranian financial services and banking company that provides offering retail services, investment management and Gharz al-Hasna facilities. Gharz al-Hassaneh Mehr Bank of Iran, with an initial capital of 15,000 Milliard Rials and with the participation of Iranian government owned specialized banks, was inaugurated by then-President Mahmoud Ahmadinejad in 2007. The central branch of this bank is located in Tehran.
MV Maersk Ganges is a Marshall Islands-registered container ship. Completed in 2014, the ship is 255 metres (837 ft) long, 37 metres (121 ft) wide with a gross tonnage of 51,872.
China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group.
Iran-Venezuela Bi-National Bank is an international financial institution that was founded in 2010 with an aim to develop commercial ties between Iran and Venezuela.
Commodore Alireza Tangsiri is an Iranian military officer and the current commander of Navy of the Islamic Revolutionary Guard Corps appointed since 23 August 2018, replacing Ali Fadavi.
