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…
As advanced economies face shrinking native populations and demographic aging, foreign-born workers are increasingly powering economic growth, spurring investment, and lifting labor productivity, according to a study published by the National Bureau of Economic Research (NBER). A powerful driver of productivity and investment Analyzing net immigration across 38 OECD nations…
Plans are underway to tokenize the Iconic Tower complex, valued at up to $50 million, and the Birlik logistics center, valued at up to $10 million, in the new city of Alatau, Kazakhstan’s flagship urban development project, by the end of 2026. The initiative aims to turn ownership rights in these…
Kazakhtelecom, Kazakhstan’s largest telecommunications operator and part of the Samruk-Kazyna sovereign wealth fund, has disclosed changes in its shareholder structure for the first six months of 2026. The key development was an increase in Samruk-Kazyna’s stake from 79.2% to 89.5%. At the same time, a U.S. investment fund became a…
How people feel about their jobs may seem personal, but across millions of workers it becomes a crucial economic signal. A recent ranking by World Population Review highlights how emotional connection at work varies dramatically around the globe, often confounding traditional economic expectations. The data proves that national wealth and…
Chinese marketplaces have become the fastest-growing segment of Kazakhstan’s e-commerce market, with purchase volumes on popular platforms Temu and 1688.com increasing more than tenfold in recent years. At the Central Asia Fintech Summit 2026 in Almaty, Mastercard presented a study of Kazakhstan’s e-commerce market. According to the payments company, e-commerce…
Kazakhstan and Ethiopia will explore the possibility of establishing a hub for supplying Ethiopian tea, coffee and flowers to Kazakhstan and other markets. The agreement was reached by Kazakh President Kassym-Jomart Tokayev and Ethiopian Prime Minister Abiy Ahmed during a meeting on the sidelines of the BRICS summit in New…
Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, plans to purchase two hotels to accommodate IT specialists from countries whose citizens face difficulties obtaining visas to the U.S. and European Union, according to Nurlan Zhakupov, CEO of the fund. «We are implementing a project called NetworkSchool. We will open a network school in…
Kazakhstani industrial company SP BKM signed an agreement with India-based International Tractors Limited to assemble and produce tractors. The agreement is worth $120 million. During the Kazakhstan-India Business, Trade and Investment Forum, SP BKM and Indian agricultural machinery manufacturer International Tractors Limited reached an agreement to assemble and locally produce…
Driven by the global artificial intelligence boom, Kazakhstan’s government is spearheading an ambitious initiative to build a competitive data center industry almost from scratch, leveraging the country’s cheap coal-fired power generation. President Kassym-Jomart Tokayev designated 2026 as the Year of Digitalization and Artificial Intelligence, setting off a wave of sweeping…
Retail investing in Kazakhstan is no longer a niche market. In the first quarter of 2026, the KASE Index gained 10.0% to 7,734.60 points, while retail investors accounted for 43.5% of equity trading volume. The market includes brokers licensed by the Agency for Regulation and Development of the Financial Market…
Choosing the right college major has become a high-stakes decision in an era of rising tuition costs and rapid technological change. A recent ranking by World Population Review highlights how the shifting economy is changing the value of traditional degrees while elevating alternative career paths. Today, the strongest prospects often…
