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Former Setad spokesman becomes chairman of Iran's top online retailer Digikala: Hojjat Niki-Maleki, a former communications chief for the Execution of Imam Khomeini's Order (Setad), has taken the helm of Digikala Group, Iran's dominant online marketplace. The change,… https://ranked.news/1295329?u=b
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August 27, 2026 at 6:06 PM
yaredabestani.bsky.social
2/he also served as "head of communications for the Setad-e Ejraiye Farman-e Emam", an organization that's under US sanctions.
#IRGCterrorists
August 27, 2026 at 11:59 AM
fetchfeeds.bsky.social
Giáo chủ Iran Ali Khamenei, 86 tuổi, giúp viết lịch sử với "đế chế tài chính Setad" trị giá hàng trăm tỷ đô la. #IranEconomy https://fefd.link/827WR
July 25, 2026 at 4:46 AM
adolfoneto.elixiremfoco.com
Panelists:
• Prof. Luigi Carro, INF-UFRGS (moderador)
• Prof. André Ponce de Leon F. de Carvalho, ICMC-USP
• Guilherme de Paula Correa, Coordenador-Geral de Tecnologias Digitais na SETAD (Secretaria de Ciência e Tecnologia para Transformação Digital) do MCTI
June 24, 2026 at 12:50 PM
ajsdecepida.bsky.social
Précis of Justin Marozzi’s Foreign Policy Analysis ⤵
Précis of Justin Marozzi’s Foreign Policy Analysis War as a Gift to the Guards Justin Marozzi’s article argues that Donald Trump and Benjamin Netanyahu’s war with Iran may have produced the opposite of its intended effect. Instead of loosening the regime’s hold, the conflict has, in the article’s telling, strengthened the Islamic Revolutionary Guard Corps and pushed Iran closer to rule by security men rather than clerics. Marozzi frames the argument through the “cobra effect”: an intervention designed to solve a problem ends up making it worse. His version is that military pressure has not removed the regime’s most dangerous actors. It has elevated them. The IRGC as State, Army and Business Empire The article presents the IRGC as more than a military force. Marozzi describes it as a body whose boundary with the state has blurred, with influence over security, the economy and negotiations with Washington. The killing of Ali Khamenei, in this account, did not weaken the regime’s coercive centre. It left the Guards with more room to dominate. The piece points to Mohammad Bagher Ghalibaf’s role in the negotiating track and Mohammad Bagher Zolghadr’s appointment to the Supreme National Security Council as signs of the Guards’ expanding political position. A Captured Economy A large part of the article is about money. Marozzi traces the IRGC’s economic rise through state-owned enterprises, smuggling, sanctions, foundations and state contracts. He highlights bonyads such as Bonyad-e Mostazafan, the Telecommunication Company of Iran, Etemad Mobin, Setad and Khatam al-Anbiya as examples of how the regime’s security establishment is woven into daily economic life. The article’s grim implication is that ordinary Iranians cannot easily avoid enriching the networks that repress them. Using a phone, buying services, or living inside the formal economy may feed institutions tied to the very forces that police the population. Reformers Could Not Break It Marozzi argues that Iran’s elected presidents have had little success in restraining the Guards. Reformists such as Mohammad Khatami and Hassan Rouhani tried to limit IRGC power, while other presidents helped entrench it, deliberately or not. The piece presents the IRGC’s rise as durable across administrations, not tied to one president or one faction. Talks Without Trust The article ends by asking what an IRGC-led Iran would do in negotiations with the United States. Marozzi’s answer is bleak. He argues that the Guards are unlikely to seek normalisation on terms Washington would accept. Instead, the article says, they are more likely to use talks to gain time, money and sanctions relief while protecting Iran’s nuclear programme, missiles and regional reach. The closing pressure is on Trump: if he wants a deal, he may now be bargaining with the very force his war has helped to empower.
June 12, 2026 at 3:08 PM
newsgroup-site.bsky.social
Iran's IRGC controls 20-40% of GDP. Setad ($95B), Khatam al-Anbiya (Tehran metro + missile cities), Mostazafan (shah-era hotels), Astan Quds (43% of Mashhad). 180+ tankers under OFAC. $700M/year to Hezbollah. Full map of the empire:

https://newsgroup.site/?p=8771
June 2, 2026 at 7:18 AM
analytics.social.vir.group.ap.brid.gy
Iran's IRGC is not an army with side businesses. It's a trading bloc that keeps an army on payroll.

Setad (5B), Khatam al-Anbiya (built half of South Pars without tender), Mostazafan (Pahlavi-era hotels, Iran Khodro stakes), Astan Quds Razavi (43% of Mashhad real estate), Bonyad Taavon Sepah […]
Original post on social.vir.group
social.vir.group
June 2, 2026 at 7:18 AM
evandrofisi.co
Celina Lion tentando mostrar serviço ocupando o elefante branco do SETAD, depois de doze anos fechado. Veremos...
June 1, 2026 at 10:21 PM
epsteinweb.bsky.social
Parts 1-3/3 — EFTA01141264.jpg
#epsteinweb #efta01141264
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EFTA01141247 | EFTA01141264 * Reuters also identified at least 24 publicly traded companies not named in the recent Treasury sanctions in which Setad, or a company it invested in, held a minority stake. At the current official exchange rate, those investments are worth more than $400 million, according to valuations from the Tehran Stock Exchange and data gleaned from the exchange and company websites. * Reuters further identified 14 companies Setad has investments in - often through other businesses - that couldn't be valued because they are not publicly traded. The Revolutionary Guards, the powerful military unit tasked with protecting Iran from both domestic and foreign threats, has long held a pivotal role in the country's economy, with extensive holdings in defense, construction and oil industries, according to the U.S. State Department. Setad gives the supreme leader a significant financial resource of his own, one that greatly adds to his power. Khamenei appoints Setad's board of directors but delegates management of the organization to others, according to one former employee. This person said the supreme leader is primarily concerned about one thing: its annual profits, which he uses to fund his bureaucracy. As Iran's top cleric, Khamenei has final say on all governmental matters. His purview includes his nation's controversial nuclear program, which was the subject of intense negotiations between Iranian and international diplomats in Geneva that ended Sunday without an agreement. It is Khamenei who will set Iran's course in the nuclear talks and other recent efforts by the new president, Hassan Rouhani, to improve relations with Washington. The investigation into Setad shows that as well as political power and military force there is a third dimension to Khamenei's power: economic might. The revenue stream generated by Setad helps explain why he has not only held on for 24 years but also in some ways has more control than even his revered predecessor. Setad gives him the financial means to operate independently of parliament and the national budget, insulating him from Iran's messy factional infighting. Like any other mogul heading a large conglomerate Khamenei appears to have acquiesced to the economic pressures intensified by the US and European sanctions. With Iran deriving more than 70% of the country's income from crude oil sales over the past two years oil exports have fallen by around 60 percent as European and most Asian buyers reduced imports because. Iran now earns around $100 million from oil sales a day, down from $250 million two years ago. This same scenario has replayed itself on almost every other business group own and/or operated by Setad, in particular its energy exports and its banks. Growth slowed to 3 percent in 2011, and the economy shrank 1.9 percent in 2012. There is no evidence that Khamenei is tapping Setad to enrich himself. But Setad has empowered him. Through Setad, Khamenei has at his disposal financial resources whose value rivals the holdings of the shah, the Western-backed monarch who was overthrown in 1979. Setad's expansion appears to continue. In May, its charitable foundation, Barakat, announced it was entering "into new pharmaceuticalfields," including biotechnology, nanotechnology and gene therapy. The charity runs a unit called Barakat Pharmaceutical Co that, according to the unit's website, has more than 20 subsidiaries and had more than $1 billion in sales in 2011. One of Barakat Pharmaceutical's units is ATI Pharmed Pharmaceutical Co. Barakat Pharmaceutical describes ATI as a joint venture between it and a Swiss company, Stragen Pharma SA, to produce oral contraceptives. ATI's website displays information about a number of Stragen products that the Iranian company says it has licensed to produce in Iran. It is not clear whether production has begun. Officials at Genevabased Stragen - which according to Barakat Pharmaceutical owns 34 percent of ATI - didn't respond to requests for comment. EFTA01141264 Epstein Web iOS app on the App Store.
May 10, 2026 at 4:18 PM
epsteinweb.bsky.social
Parts 1-2/2 — EFTA01141263.jpg
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EFTA01141247 | EFTA01141263 SETAD at a Glanc EIKO (SETAD) Real Estate & Properties Organization Tadbev Economic Development Group Barkat Foundation Corporals Oovenriall tiviastaratalanOnarlDalE .NANCiAt NOW 'c Nag/ Primo Bark stabna an AnnIMISII`el Bart Prost itioenntnt Co IrrArarrs Co Iran Snatch toasts) Co Tata &does CO Fiona Dept Business Dona lopment Dept. otOos tA. NOCANK, 1104*.f *SI Co CONSTRUCTION m0t.DIN0 Taut Com, Desigell CO Rarsartin Cvne•l Co OwEd Prop 6 COW IAA Inortkrort C: SOO Dotalto Posy Plant: ottnal Co Nal 6 Copper BS' Weak Co Royalkas CO Pars Conicomert Co FNAM Certil KT NOI,COOG arm ?Aphis OIMOOR.00 H:inog ROM"? CO lAtrso Paalharol CO Sabl &sin* CO tiptoe Co iteleuen Ininkrat Nowt° SRNshada IN SCORN °pettier 33 LOPONI COI Operator. According to one of its co-founders, Setad was created to help the poor and war veterans and was meant to exist for just two years. Almost a quarter-century on, Setad has morphed into a business juggernaut with real estate, corporate stakes and other assets. While Setad controls a charitable foundation, ifs not clear how much money goes to charity. Under IChamenei, the organization has expanded its corporate holdings, buying stakes in dozens of Iranian companies, both private and public, with the stated goal of creating an Iranian conglomerate to boost the country's economic growth. The supreme leader, judges and parliament over the years have issued a series of bureaucratic edicts, constitutional interpretations and judicial decisions bolstering Setad. "No supervisory organization can question its property," said Naghi Mahmoudi, an Iranian lawyer who left Iran in 2010 and now lives in Germany. Setad's total worth is difficult to pinpoint because of the secrecy of its accounts. Reuters estimates it at around $95 billion, made up of about $52 billion in real estate and $43 billion in corporate holdings. The estimate is based on an analysis of statements by Setad officials, data from the Tehran Stock Exchange and company websites, and information from the U.S. Treasury Department. The amount is roughly 4o percent bigger than Iran's total oil exports last year, which totaled $67.4 billion, according to the International Monetary Fund: * The U.S. Treasury Department assessed Rey Investment Co, controlled by Setad, as worth about $40 billion in 2010, the year Setad took control of it. (The Treasury did not put an overall value on Setad). * Through a subsidiary, Setad bought a 19 percent stake in Telecommunication Co of Iran, the country's largest telecom provider, for about $3 billion. EFTA01141263
May 10, 2026 at 4:18 PM
epsteinweb.bsky.social
Parts 1-2/2 — EFTA01141262.jpg
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EFTA01141247 | EFTA01141262 Last week Reuters published a three-part (six-months) investigation into the financial empire of Iranian Supreme Leader Ayatollah Ali Khamenei, which was built based on billions of dollars in property seized from Iranian citizens through an organization called Setad. As a result Iran's supreme leader Ayatollah Ali Khamenei controls a business empire worth around $95 billion - a sum exceeding the value of his oil-rich nation's current annual petroleum exports. Little is known about Setad even though it is one of the keys to the Iranian leader's enduring power and now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth-control pills and even ostrich farming. Setad has built its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians - members of religious minorities, Shi'ite Muslims, business people and Iranians living abroad. The Reuters investigation documents how Setad has amassed a giant portfolio of real estate by claiming in Iranian courts, sometimes falsely, that the properties are abandoned. The organization now holds a court-ordered monopoly on taldng property in the name of the supreme leader, and regularly sells the seized properties at auction or seeks to extract payments from the original owners. The organization's full name in Persian is "Setad Ejraiye Farmane Hazrate Emam" Headquarters for Executing the Order of the Imam. The name refers to an edict signed by the Islamic Republic's first leader, Ayatollah Ruhollah Khomeini, shortly before his death in 1989. His order spawned an entity intended to manage and sell properties abandoned in the chaotic years after the 1979 Islamic Revolution. An organizational chart labeled "SETAD at a Glance," prepared in 2010 by one of Setad's companies and seen by Reuters, illustrates how big it had grown. The document shows holdings in major banks, a brokerage, an insurance company, power plants, energy and construction firms, a refinery, a cement company and soft drinks manufacturing. Today, Setad's vast operations provide an independent source of revenue and patronage for Supreme Leader Khamenei, even as the West squeezes the Iranian economy harder with sanctions in an attempt to end the nuclear-development program he controls. EFTA01141262
May 10, 2026 at 4:18 PM
epsteinweb.bsky.social
EFTA01104076.jpg
#epsteinweb #efta01104076
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EFTA01104074 | EFTA01104076 Setad's total worth is difficult to pinpoint because of the secrecy of its accounts. Reuters estimates it at around $95 billion, made up of about $52 billion in real estate and $43 billion in corporate holdings. The estimate is based on an analysis of statements by Setad officials, data from the Tehran Stock Exchange and company websites, and information from the U.S. Treasury Department. The amount is roughly 4o percent bigger than Iran's total oil exports last year, which totaled $67.4 billion, according to the International Monetary Fund. There is no evidence that Khamenei is tapping Setad to enrich himself. But Setad has empowered him. Through Setad, Khamenei has at his disposal financial resources whose value rivals the holdings of the shah, the Western-backed monarch who was overthrown in 1979. As Iran's top cleric, Khamenei has final say on all governmental matters. His purview includes his nation's controversial nuclear program, which was the subject of intense negotiations between Iranian and international diplomats in Geneva that ended Sunday without an agreement. It is Khamenei who will set Iran's course in the nuclear talks and other recent efforts by the new president, Hassan Rouhani, to improve relations with Washington. The investigation into Setad shows that as well as political power and military force there is a third dimension to Khamenei's power: economic might. The revenue stream generated by Setad helps explain why he has not only held on for 24 years but also in some ways has more control than even his revered predecessor. Setad gives him the financial means to operate independently of parliament and the national budget, insulating him from Iran's messy factional infighting. 3IPage of 3 EFTA01104076 Epstein Web iOS app on the App Store.
May 9, 2026 at 1:58 PM
epsteinweb.bsky.social
Parts 1-2/2 — EFTA01104075.jpg
#epsteinweb #efta01104075
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EFTA01104074 | EFTA01104075 monopoly on taking property in the name of the supreme leader, and regularly sells the seized properties at auction or seeks to extract payments from the original owners. Reuters reporters identified nearly 300 properties that Setad put up for auction in May alone, many worth millions of dollars. The series can be viewed here The organization's full name in Persian is "Setad Ejraiye Farman Hazrate Emam" Headquarters for Executing the Order of the Imam. The name refers to an edict signed by the Islamic Republic's first leader, Ayatollah Ruhollah Khomeini, shortly before his death in 1989. His order spawned an entity intended to manage and sell properties abandoned in the chaotic years after the 1979 Islamic Revolution. According to one of its co-founders, Setad was created to help the poor and war veterans and was meant to exist for just two years. Almost a quarter-century on, Setad has morphed into a business juggernaut with real estate, corporate stakes and other assets. While Setad controls a charitable foundation, it's not clear how much money goes to charity. Under Khamenei, the organization has expanded its corporate holdings, buying stakes in dozens of Iranian companies, both private and public, with the stated goal of creating an Iranian conglomerate to boost the country's economic growth. The supreme leader, judges and parliament over the years have issued a series of bureaucratic edicts, constitutional interpretations and judicial decisions bolstering Setad. "No supervisory organization can question its property," said Naghi Mahmoudi, an Iranian lawyer who left Iran in 2010 and now lives in Germany. In June, the U.S. Treasury Department imposed sanctions on Setad and some of its corporate holdings, calling the organization "a massive network of front companies hiding assets on behalf of ... Iran's leadership." The Iranian president's office and the foreign ministry did not respond to requests for comment for the series. Iran's embassy in the United Arab Emirates called Reuters' findings "scattered and disparate" and said that "none has any basis" but did not elaborate. Setad's director general of public relations, Hamid Vaezi, said by email in response to a detailed description of this series that the information presented is "far from realities and is not correct." He did not go into specifics. In a subsequent message, he said Setad disputes the Treasury's allegations and is "in the process of retaining U.S. counsel to address this matter." He added: "This communication puts you on notice that any action by your organization could prejudice our dispute in the United States and harm our position for which we hold you responsible." Wage of 3 EFTA01104075
May 9, 2026 at 1:58 PM
epsteinweb.bsky.social
EFTA01104074.jpg
#epsteinweb #efta01104074
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EFTA01104074 | EFTA01104074 1 it_ = I . / 11 4\ Exclusive: Reuters investigates business empire of Iran's supreme leader Iran's supreme leader Ayatollah Ali Khamenei controls a business empire worth around $95 billion - a sum exceeding the value of his oil-rich nation's current annual petroleum exports - a six-month Reuters investigation shows. The little-known organization, called Setad, is one of the keys to the Iranian leader's enduring power and now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth-control pills and even ostrich farming. Setad has built its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians - members of religious minorities, Shiite Muslims, business people and Iranians living abroad. The Reuters investigation, which is detailed in a three-part series, documents how Setad has amassed a giant portfolio of real estate by claiming in Iranian courts, sometimes falsely, that the properties are abandoned. The organization now holds a court-ordered Wage of 3 EFTA01104074
May 9, 2026 at 1:58 PM
actus-eco.bsky.social
Setad, cette fortune colossale et opaque que le guide suprême d’iran hérite d’ali khamenei - 

DÉCRYPTAGE - Initialement destinée à redistribuer les biens saisis après la révolution islamique, cette organisation s’est transformée en un mastodonte économique au service de l’homme le plus puissant du
April 18, 2026 at 6:13 AM
parsegrapher.bsky.social
not to mention that Wikipedia describes the wealth of the Holy See as "Incalculable"
Screenshot of a Wikipedia page titled “List of wealthiest religious organizations.” The page shows a table with columns for Organization, Worth (billion USD), Country, Religion/Belief, and Notes. Entries include the Holy See (Vatican), listed as “incalculable” wealth; The Church of Jesus Christ of Latter-day Saints at 293 billion USD in the United States; Setad (Execution of Imam Khomeini's Order) with an estimated 95–135 billion USD in Iran; the Catholic Church in Germany with a wide estimated range of 47.24 to 265.62 billion USD; and Tirumala Tirupati Devasthanams in India with 31.11 billion USD, along with notes describing assets such as gold, investments, and real estate holdings.
April 16, 2026 at 1:42 AM
cnbcindonesia.com.web.brid.gy
Pantas Kuat Terus, Iran Ternyata Punya 'Mesin Uang' Ribuan Triliun
Artikel membahas sumber dana militer Iran, fokus pada organisasi Setad yang dipimpin Ali Khamenei yang berperan penting dalam ekonomi Iran.
www.cnbcindonesia.com
March 21, 2026 at 10:30 AM
jade-bx.bsky.social
Ali Baba et les Quarante Voleurs 💫

fr.linkedin.com/posts/nicola...
March 12, 2026 at 10:55 AM
robertscotthorton.bsky.social
Figaro details the legal mechanisms used by Iran's Supreme Leader to enrich himself privately through the acquisition of assets seized from persons deemed disloyal to the regime, with a value of some $95 bn in 2013. www.lefigaro.fr/internationa...
«Un empire bâti sur des confiscations» : Setad, cette fortune colossale et opaque dont le guide suprême d’Iran hérite d’Ali Khamenei
DÉCRYPTAGE - Initialement destinée à redistribuer les biens saisis après la révolution islamique, cette organisation s’est transformée en un mastodonte économique au service de l’homme le plus puissan...
www.lefigaro.fr
March 12, 2026 at 9:06 AM
fassty100.bsky.social
«Un empire bâti sur des confiscations» : Setad, cette fortune colossale et opaque dont le guide suprême d’Iran hérite d’Ali Khamenei
www.lefigaro.fr/internationa...
«Un empire bâti sur des confiscations» : Setad, cette fortune colossale et opaque dont le guide suprême d’Iran hérite d’Ali Khamenei
DÉCRYPTAGE - Initialement destinée à redistribuer les biens saisis après la révolution islamique, cette organisation s’est transformée en un mastodonte économique au service de l’homme le plus puissan...
www.lefigaro.fr
March 12, 2026 at 7:32 AM
livefr.bsky.social
«Un empire bâti sur des confiscations» : Setad, cette fortune colossale et opaque dont le guide suprême d’Iran hérite d’Ali Khamenei

www.lefigaro.fr/internationa...

Les nations occidentales ont pour mission L'asphyxie de Setad en bloquant cette agence et redonner l argent au futur état iranien .
«Un empire bâti sur des confiscations» : Setad, cette fortune colossale et opaque dont le guide suprême d’Iran hérite d’Ali Khamenei
DÉCRYPTAGE - Initialement destinée à redistribuer les biens saisis après la révolution islamique, cette organisation s’est transformée en un mastodonte économique au service de l’homme le plus puissan...
www.lefigaro.fr
March 12, 2026 at 6:52 AM
actus-eco.bsky.social
Setad, cette fortune colossale et opaque que le guide suprême d’iran hérite d’ali khamenei - 

DÉCRYPTAGE - Initialement destinée à redistribuer les biens saisis après la révolution islam... ... Lire la suite : 
https://actus-eco.fr/2026/03/12/setad-cette-fortune-colossale-et-opaque-que-le-guide-sup
March 12, 2026 at 6:24 AM
challengesfr.bsky.social
Conçu pour redistribuer des biens abandonnés après la révolution iranienne de 1979, le Setad s’est transformé en un conglomérat aussi puissant qu’opaque, sans impôts, sans comptes publiés, et directement placé sous l’autorité du guide suprême.

➡️ https://l.challenges.fr/dBr
March 11, 2026 at 7:00 AM
nicolacostanzo.bsky.social
nicola-costanzo.blogspot.com/2026/03/seta...
SETAD: La lunga ombra del potere in Iran.
Blog su social networking, politica, personaggi, notizie, contenuti, approfondimenti, opinione, attualità, community,inchieste, cronacam sicilia,
nicola-costanzo.blogspot.com
March 11, 2026 at 6:36 AM