Draft:Razavi Foundation
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|  |
بنیاد رضوی | |
 | |
| Founded | 2022 |
|---|---|
| Type | Bonyad |
| Headquarters | Mashhad, Iran |
Key people | Seyyed Mahdi Sadidi (President) |
Parent organization | Astan Quds Razavi |
| Website | bonyadrazavi |
The Razavi Foundation (Persian: بنیاد رضوی) is the economic arm of Astan Quds Razavi, a major Iranian religious endowment (waqf) based in Mashhad. It manages the commercial and investment activities of Astan Quds Razavi, including real estate, industrial companies, and financial assets.[1]
The foundation is the successor to the earlier Razavi Economic Organization (REO), which handled the commercial operations of Astan Quds Razavi.[2][3]
Leadership
[edit]Since November 2022, the foundation has been headed by Seyyed Mahdi Sadidi, an Iranian economist specializing in capital markets.[4]
Economic activities and ownership
[edit]The Razavi Foundation oversees a network of companies active in agriculture, food processing, construction, mining, energy, and financial services.[5]
Through subsidiaries including Mahab Ghodss Consulting Engineering Company and Saba Water and Power Industries Investment Company, the foundation holds a significant stake in the MAPNA Group, one of Iran’s largest engineering and power plant contractors. A 2019 American Enterprise Institute report stated that Saba Investment is the majority shareholder of MAPNA (approximately 47 percent) and that entities linked to Astan Quds Razavi dominate its board.[3]
Subsidiaries
[edit]The Razavi Foundation manages a large network of companies. According to Iranian sources, the foundation and its predecessor (Razavi Economic Organization) have controlled or held shares in more than 70 companies and institutions.[2][3]
Notable subsidiaries and affiliated companies include:
Food and agriculture
[edit]- Razavi Food Industries (Persian: صنایع غذایی رضوی)
- Razavi Dairy and Livestock Industries (Persian: صنایع دامپروری و لبنی رضوی)
- Razavi Yeast Company (Persian: خمیرمایه رضوی)
- Quds Razavi Flour Company (Persian: آرد قدس رضوی)
- Razavi Seed and Seedling Company
- Several agro-industrial companies (including in Sarakhs, Chenaran, Esfarayen and Anabad)
Construction, real estate and mining
[edit]- Management of Construction and Buildings Razavi Company
- Industries, Mines and Construction Razavi Company (Persian: صنایع معادن و عمران رضوی)
- Modaber Razavi Company (real estate and asset management)
- Quds Razavi Housing and Construction Company
- Razavi Consulting Engineers Company
Energy and industry
[edit]- Iran Combine Manufacturing Company
- Razavi Oil and Gas Development Company
- Shahab Khodro
- MAPNA Group (significant stake held through Saba Investment and Mahab Ghodss)
Other sectors
[edit]- Mahab Ghodss Consulting Engineering Company
- Saba Water and Power Industries Investment Company
- Sarakhs Special Economic Zone
- Razavi Information and Communication Technology Company (FAVA Razavi)
- Yara Teb Samen (pharmaceutical distribution)
- Khosravi Khorasan Spinning and Textile Company
- Carpet production companies
Several of these companies have been listed on the Iranian Farabourse (over-the-counter market) in recent years as part of efforts to increase transparency.[1]
See also
[edit]References
[edit]- 1 2 "About the Foundation". bonyadrazavi.ir. Retrieved 18 September 2026.
- 1 2 "Khamenei's Men Run REO, The Largest Economic Player In Eastern Iran". Radio Farda. 2 December 2019. Retrieved 18 September 2026.
- 1 2 3 Supreme Leadership, Economics, and Clout in Iran (Report). American Enterprise Institute. June 2019. Retrieved 18 September 2026.
- ↑ "Seyyed Mahdi Sadidi". Retrieved 18 September 2026.
- ↑ "The unholy business empire of Astan Quds Razavi". Tehran Bureau. 9 August 2021. Retrieved 18 September 2026.
External links
[edit]Category:Conglomerate companies of Iran Category:Organizations established in 2022 Category:Economy of Iran
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