Mns of Kurds voted in favor of statehood in their Monday referendum, “defying the dire warnings from neighbors as well as the government in Baghdad,” Bloomberg reports. The referendum is expected to have far reaching repercussions, with countries like Turkey and Iran also expected to take action against it with sanctions on trade and diplomacy. The Egyptian government issued a statement expressing its “deep concern” over the fallout from the referendum.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…