OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for …
US targets Iran’s oil trade and Hezbollah in new round of sanctions
The United States has imposed fresh sanctions on a network accused of smuggling Iranian oil disguised as Iraqi oil and targeting a Hezbollah-linked financial institution. The Treasury Department …
Abu Dhabi VC firm EQIQ invests $3mln in Iraq’s Instabank
UAE-based venture capital fund EQIQ has invested $3 million in Iraq’s Instabank, in line with a strategy to mordernise the financial sector in the country. The anchor investment is part of a larger …
Abu Dhabi VC firm EQIQ invests $3mln in Iraq’s Instabank
UAE-based venture capital fund EQIQ has invested $3 million in Iraq’s Instabank, in line with a strategy to mordernise the financial sector in the country. The anchor investment is part of a larger …
EQIQ invests $3M in Iraq’s new digital bank venture
Venture capital firm EQIQ has committed $3 million to support the launch of a new AI-powered digital bank in Iraq, led by Iraqi-American finance executive Hussain Qaragholi. […] …
Iraq reports 34 percent revenue decrease in four months
ERBIL, Kurdistan Region – Iraq’s finance ministry on Wednesday reported revenues of 28 trillion dinars (about $21.3 billion) in the first four months of 2025, a 34 percent increase compared to last …
EQIQ Invests in Iraqi-US Banker’s Digital Banking Venture
By John Lee. UAE-based venture capital fund EQIQ has announced a $3-million anchor investment in a new digital banking startup led by Iraqi-American finance veteran Hussain Qaragholi (pictured). The …
Iraq plans to construct 60 new cities to address housing crisis
The Iraqi government plans to build 60 new communities around the country in an effort to alleviate the housing shortage.
EQIQ backs Iraqi-American veteran banker to revolutionize Iraq’s banking services
Announcs a $3 million anchor investment in a next-generation digital bank led by Iraqi-American banker Hussain Qaraghol …
EQIQ anchors $15 million round for InstaBank, Iraq’s next-generation digital bank
EQIQ, a UAE-based VC fund and venture builder, has invested $3 million in InstaBank (officially Al-Fawr Digital Bank) as part of …