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 …
Grandson of expelled Iraqi Jews sues French gov’t for millions unpaid rent on house used as embassy
“Then another ten years went by, and one day it hit me – it’s not just about the property, it’s about human rights,” Khazzam told the Post.
Iraq to carry out new projects to increase oil exports
Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, highlighted on Monday the need to increase Iraq’s oil export outlets by developing projects that improve export capacity and …
172 Preliminary Licences for New Industrial Projects in Iraq in May
By John Lee. Iraq’s General Directorate of Industrial Development (GDID), part of the Ministry of Industry and Minerals, issued 172 preliminary licences for the establishment of new industrial …