The meeting hosted over 100 managers, deputies, CEOs and board members from Imam Reza shrine-affiliated institutes and companies.

In the seminar, the head of Endowment Beneficiary Foundation talked about a 500 percent increase in the removal of possession of lands endowed to the shrine.

Dr Seyyed Mahdi Sadidi pointed to a 70%-growth in production, sales, operating and net profits in affiliated companies and institutes in the current year.

He also referred to a 100%-rise in the export of products by the shrine-affiliated companies, saying: “In the first 9 months of year, over 75% of the budget for economic firms and institutes has been supplied”.

The official further drew attention to serious efforts put in to bring Imam Reza shrine-affiliated companies into the capital market and explained: “Not only will this boost the transparency of economic activities, but it will also supply necessary finance for the projects at hand”.