Info:
According to the Misr Iran Development Bank from Egypt annual report, Iran Foreign Investment Company (IFIC) owns 40.15% of its shares;
Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”. The U.S. Department of the Treasury identified Iran Foreign Investment Company (IFIC) to be owned or controlled by the Government of Iran. By identifying these entities – including banks, investment companies and technology firms – U.S. persons and others are better able to identify Iranian Government entities and protect themselves against the risks posed by such entities. IFIC is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/05/2018;
Country:
Egypt
Address:
The Nile Tower – 21 Charles Degaulle Ave. (Ex. Giza St.)Giza P.O.
Phone:
+202 35727311
E-Mail:
info@midb.com.eg
Web Site:
www.midb.com.eg
Person of interests:
Mr. Ismail Hassan Mohamed
Mr. Ahmed Amr Tantawi
Dr. Mir Saeid Nikzad Larijani ( Representative of Iran Foreign Investment company)
Dr. Farhad Zargari ( Representative of Iran Foreign Investment company)
Dr. Mohammad Ali Mousavi ( Representative of Iran Foreign Investment company)
Dr. Abdolnaser Hemmati ( Representative of Iran Foreign Investment company)
Reason for the color:
» IFIC owns 40.14% of the Bank’s shares;