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Babak Morteza Zanjani also known as Babak Zanjani is an Iranian businessman. He was the Managing Director of UAE-based Sorinet Group, one of Iran’s largest business conglomerates. He also owned the Qeshm Airlines and Rah Ahan Sorinet F.C. in Iran.Zanjani was named in the European Union’s restrictive measures against Iran of December 2012.Sorinet Group is an Iranian business conglomerate. The company is one of Iran’s largest business conglomerates. Sorinet businesses include cosmetics, finance and banking, hospitality, commercial aviation, infrastructure, building material, information technology and international real estate development. Its operations are in Iran, United Arab Emirates, Turkey, Tajikistan, Malaysia and China as well as other emerging markets in the region.
