On Oct. 31, hackers hijacked the domain flap.sh, one of the largest platforms for token launches. A day earlier, Binance reported a theft of approximately $6.3 billion, while a week before that, two critical vulnerabilities were disclosed in PHP, posing a threat to a vast number of websites worldwide. Renat…
Vintage Pokémon collectible cards have risen 60% in value since the beginning of 2026, outperforming the stock market, Bitcoin and gold. Binance Research highlighted the trend in its weekly market commentary published on Oct. 26. Analysts attribute the price increase to the limited supply of older cards and the emergence…
The European Commission has approved €319 million in Austrian state aid for German semiconductor manufacturer Infineon Technologies to upgrade its factory in Villach, Austria. The company plans to invest €1.1 billion in the project, Euronews reported. The upgraded facility will produce next-generation gallium nitride (GaN) power semiconductors using 300-millimeter wafers.…
Kazakhstan should introduce a three-year moratorium on inspections of micro and small businesses starting Jan. 1, 2027, President Kassym-Jomart Tokayev said in his address to the nation. «An analysis of business activity shows that, essentially, all businesses need is not to be interfered with. The experience of the moratorium on…
Kazakhstani sellers fear that the growing presence of Chinese platforms such as Pinduoduo could hurt their businesses. Those most at risk are merchants who import inexpensive goods from China and resell them at a markup. In late September, news emerged that Chinese e-commerce giant Pinduoduo planned to launch a project…
Businesses in Kazakhstan will be able to use 3D printing more widely to manufacture spare parts and equipment components, potentially reducing their reliance on foreign suppliers. To support the development of domestic production, a new national standard has been approved and is scheduled to take effect Jan. 1, 2027, according…
Chinese investors have reduced their planned investment in a copper processing project near Aktobe Airport in Kazakhstan from $100 million to $35 million following concerns raised by local residents and environmental activists. According to local media reports, the plant could potentially generate up to 500 tons of harmful emissions annually.…
Nomad Venture Studio (NVS), a Kazakhstani developer of AI-based products, has entered into a $100 million financing agreement with Singapore-based PvX Partners. The funds will be used for user acquisition, the launch of new products and expansion into international markets. Importantly, NVS founders — Kazakhstani entrepreneurs Miras Sovetov and Margulan…
On Oct. 15, 2019, shares of Timur Turlov’s Freedom Holding Corp. began trading on the American stock exchange Nasdaq under the ticker FRHC. Over the past seven years, the holding company’s stock price has risen twelvefold, from $14.40 to $176.14 (as of Oct. 15, 2026). The company’s market capitalization now…
Barron’s, a leading source of financial news in the U.S., has published an article devoted to the U.S. lodging sector and its outlook. The piece is based on research by Freedom Broker analyst Manucher Narzulloev. Which assets in the sector do analysts recommend buying? According to the report, Freedom Broker…
Drone strikes on Yandex data centers in Russia in October disrupted taxi and delivery services in Almaty, giving Kazakh regulators additional grounds to demand that computing operations serving Kazakhstan be moved inside the country, according to an analytical report by Teniz Capital. For Kazakhtelecom, Kazakhstan’s largest telecommunications operator, the disruption…
Forbes Kazakhstan has published its updated ranking of the 50 most influential businessmen in Kazakhstan. Vyacheslav Kim has overtaken Bulat Utemuratov for the No. 1 spot. The ranking is based not only on business activity but also on public and philanthropic efforts of the country’s most prominent and active businessmen.…
Kazakhstani manufacturers of energy equipment aim to secure up to 52% of the construction costs of solar power plants in the country. Sergey Agafonov, chairman of the Kazakhstan Association of Energy Repair, Design and Engineering Companies, made the proposal in a letter to Ryskhan Nugurbekov, managing director of Baiterek, a…
The Silk Road Electronics plant in Saran, Karaganda region, plans to expand its operations and begin manufacturing ultrasound diagnostic systems. The facility currently produces Samsung home appliances, including televisions and washing machines. The project’s partner is South Korean company Samsung Medison, which specializes in medical ultrasound systems. Its equipment is…
Kazakhstani company Integra Construction KZ has completed the third section of the Khaf-Herat railway in Afghanistan, the Ministry of Trade and Integration reported. Businessman Shakhmurat Mutalip is the company’s sole ultimate owner. The Ministry of Foreign Affairs of Kazakhstan previously announced the signing of a contract between the Afghanistan Railway…
The 2 tenge-per-kilowatt-hour tax ($0.0045) on electricity consumed by cryptocurrency mining farms should be abolished, according to Daniyar Mubarakov, president of the Blockchain and Crypto Mining Association. «With an electricity surplus expected following the commissioning of new generating capacity in Kazakhstan, we propose reclassifying miners as standard wholesale consumers and…
The ownership structure of Sozak Oil and Gas, a gas producer planning to develop fields in the South Kazakhstan protected zone, has undergone a major transformation. How the ownership structure changed During the first half of 2026, the company’s principal shareholder significantly reduced its stake, while five new investors acquired…
Kazakhstan Temir Zholy (KTZ), the national railway operator and a subsidiary of Samruk-Kazyna, intends to raise up to $5 billion through an initial public offering (IPO), targeting a total business valuation of up to $30 billion. The information was reported by Hong Kong financial publication etnet and highlighted by the Kazakhstan…
Speaking at the «Kazakhstan-China» Investment Forum, Kazakhstani President Kassym-Jomart Tokayev announced the creation of a Kazakh-Chinese investment fund. According to Tokayev, the fund will serve as a channel for attracting financing for major projects, as Chinese companies in Kazakhstan should be not just trading partners but also long-term investors in…
Singapore-based Changi Airports International (CAI) is entering the major infrastructure sector in Astana. The city’s administration, the Ministry of Transport of Kazakhstan and the Singaporean airport operator have signed a framework agreement on cooperation for the long-term development of the capital’s airport infrastructure. Two areas of cooperation The agreement formalizes…
UK companies are exploring business opportunities in Kazakhstan. Potential investors include a well-known restaurant chain and companies specializing in water technologies, digital infrastructure and artificial intelligence, according to UK Trade Envoy to Azerbaijan and Central Asia John Thomas Alderdice, Baron Alderdice, who spoke with Kursiv. «I am very optimistic about…
Marine Health, a Kazakhstani company that sells dietary supplements in 11 countries, saw sales slump after entering the Uzbek market because its standard marketing strategy failed to resonate with local consumers. Arman Toskanbayev, a serial entrepreneur and the company’s president, discussed the experience on the “Business Ninja” YouTube channel. Read…
Kazakhstan is set to allocate part of its National Fund to finance major infrastructure projects, including schools, hospitals, roads and energy facilities. EU Reporter examines how the move could shape the country’s future. How the National Fund works Kazakhstan’s National Fund accumulates a portion of state revenues from the sale…
Artificial intelligence has quietly transitioned from an experimental concept into an everyday workplace collaborator across major global economies. A recent ranking by World Population Review highlights how the integration of automated tools is reshaping daily professional routines and altering traditional career hierarchies. Rather than replacing human workers, these technologies are…
