Tag

#Agazade

2 articles

Finance

Iran’s Elite: Wealth Hoarding Fuels Regime’s Grip

Iran's ruling elite consolidates power through a pervasive system of nepotism known as 'agazade,' where the children of officials control lucrative state-linked industries. This practice exacerbates economic disparity and creates a challenging landscape for genuine private sector growth.

2 hours ago
Finance

Iran’s Elite Control Lucrative Sectors Through Nepotism

Iran's lucrative oil, gas, and resource sectors are increasingly controlled by the children of regime officials, a phenomenon known as 'agazade.' This nepotism consolidates wealth and power within an elite circle, impacting economic development and market dynamics.

40 minutes ago