Crushed by U.S. Sanctions, Iran Pins Economic Hopes on Mall Developer

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Crushed by U.S. Sanctions, Iran Pins Economic Hopes on Mall Developer
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For the head of the engineering arm of Iran’s Islamic Revolutionary Guard Corps, “sanctions are an opportunity”

TEHRAN, Iran—Faced with a U.S. campaign to choke Iran of capital and investment, Saeed Mohammed is trying to find ways to keep the lifeblood of his country’s economy flowing.

As the newly installed chief of Khatam al-Anbiya Construction Base, the engineering arm of the Islamic Revolutionary Guard Corps, the country’s ideologically rooted military unit, Mr. Mohammed is seeking to cushion the impact from an unprecedented array of U.S. sanctions. The 50-year-old chief executive made his name courting Iranian consumers through...

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