Iran; Iran; Iran

Unit 501, 5th Floor, No. 19, Giti Boulevard, Madras Highway, Amaniyeh, Tehran, Iran

398544, Registration Number; 10320488736, National ID No.; 411381133454, Tax ID No.

In addition to their significant currency exchange businesses, the Zarringhalam family controls a number of companies involved in various sectors of Iran’s economy. OFAC is designating Zarrin Tehran Investment Company, the Zarringhalam family’s investment company in Iran, as well as a company active in the oil, gas, and petrochemical fields tied to the Zarringhalams, Kimia Sadr Pasargad Company. OFAC is also designating a number of Zarringhalam family members and associates tied to the Zarringhalam exchanges and other Zarringhalam companies. Mitra Zarringhalam is the CEO of Zarrin Tehran Investment Company and sits on the board of directors with her brothers Fazlolah Zarringhalam and Nasser Zarringhalam. Parvis Soltanizadeh sits on the board of Kimia Sadr Pasargad Company along with Nasser Zarringhalam. Hossein Shetaban and Farahnaz Meshkat sit on the board of directors of Berelian Exchange and GCM Exchange, respectively. Pouria Zarringhalam is a member of the board of directors of an Iranian construction company along with his father, Nasser Zarringhalam. Kimia Sadr Pasargad Company is being designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy. Parvis Soltanizadeh is being designated pursuant to E.O. 13902 for having acted or purported to act for or on behalf of, directly or indirectly, Kimia Sadr Pasargad Company.

https://home.treasury.gov/news/press-releases/sb0159

2025-06-06

US

Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

E.O. 13902 imposes sanctions with respect to any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in the construction, mining, manufacturing, and textiles sectors of the Iranian economy, and any additional sectors of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State. On October 8, 2020, the Secretary of the Treasury identified the financial sector of the Iranian economy for additional sanctions under E.O. 13902. Iranian and non-Iranian persons operating in these sectors could be subject to sanctions pursuant to E.O. 13902.

SDN