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Tag Archives | Bank of America Merrill Lynch

EQIQ Invests in Iraqi-US Banker's Digital Banking Venture

By on 3rd July 2025 in Investment, Iraq Banking & Finance News

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 total $15-million funding round will support the launch and early growth of the next-generation, AI-driven platform. The new venture aims to transform Iraq's underdeveloped banking sector […]

Merrill Ups Estimates of Iraqi Oil Output

By on 14th January 2011 in Iraq Oil & Gas News

Iraq's oil production could rise to 4.4 million barrels per day (bpd) by 2015, according to a report by Bank of America Merrill Lynch on Friday. Reuters reports that the revision from 3.8 million bpd forecast a year earlier had been prompted by "higher reserve estimates" released by the government, the bank's commodities research team […]