According to Madiyar Sultanbek, deputy chairman of Kazakh Invest, China will soon rise from fourth to third place in terms of the amount of foreign direct investment (FDI) in Kazakhstan. He hasn’t ruled out that China may eventually become the largest foreign investor in the country. «The People’s Republic of…
India’s fast-growing digital economy is fueling a rapid increase in data center construction, but this boom poses serious challenges: rising water consumption, soaring energy demand and threats to long-term sustainability, BBC reported. Driven by global demand for AI and cloud computing, India has become a major growth market for data…
China has introduced the K-visa, a new type of visa aimed at attracting top foreign professionals in science and technology, signaling Beijing’s determination to strengthen its leadership in fields such as artificial intelligence, semiconductors and robotics, Euronews reported. Officials announced the new visa last month, offering simpler application requirements than…
California-based 1X Technologies has opened preorders for its robot assistant, Neo. The company says Neo will help consumers achieve a chore-free future. A humanoid robot Developers claim that Neo can perform routine household tasks, such as folding laundry, placing items on shelves, and cleaning rooms. The robot can be controlled…
China has permitted Nexperia, a semiconductor company based in the Netherlands and owned by Chinese firm Wingtech, to export certain chips. This decision was made to address concerns among European carmakers about potential production delays, as reported by the BBC. In October, the Dutch government temporarily took over Nexperia to…
Kazakhstan’s PetroCouncil — an oil and gas industry association representing about 150 domestic oilfield service, engineering and manufacturing companies — has appealed to Prime Minister Olzhas Bektenov to protect local firms from what it calls dumping by Chinese companies in Kazakhstan’s petrochemical sector. Crowding out The council notes that foreign…
Tesla shareholders have approved CEO Elon Musk’s compensation plan, valued at up to $1 trillion, in what marks the largest corporate pay package in history. The proposal received more than 75% support at Tesla’s annual meeting at its Texas factory, where Musk appeared on stage alongside the company’s dancing robots,…
Kazakhstani flag carrier Air Astana has announced its largest order ever. Boeing will deliver 15 787-9 Dreamliner aircraft, bringing the total order up to 18 planes worth $7 billion. «The order is in addition to the three Boeing 787-9 aircraft scheduled for delivery in 2026–27, which now brings total commitments…
Russia and Kazakhstan may jointly lay a fiber-optic cable along the bottom of the Caspian Sea to establish direct connections between Russian regions and Armenia, Iran and Kazakhstan, Interfax reported. According to Russian Minister of Digital Development Maksut Shadayev, the two countries — along with their respective telecom operators, Rostelecom…
OpenAI, the developer of ChatGPT, Timur Turlov’s Freedom Holding Corp. and the government of Kazakhstan have signed a strategic agreement in Washington. According to the document, 165,000 teachers in Kazakhstan will gain access to ChatGPT Edu, a special version of ChatGPT designed for students and teachers that features enhanced privacy…
Kazakhstan and the U.S. have signed a memorandum of understanding on critical minerals. Signed in the presence of Kazakh President Kassym-Jomart Tokayev in Washington, the agreement aims to enhance Kazakhstan-U.S. cooperation in extracting and processing critical minerals. Minister of Industry and Construction Yersaiyn Nagaspayev signed the memorandum for Kazakhstan, while…
The company AROOT Kazakhstan Ltd. has been registered under the Astana International Financial Centre (AIFC) jurisdiction, as shown in the Astana Financial Services Authority (AFSA) registry data. The company’s business nature is listed as «activities of holding companies.» The authorized share capital is $500,000, with 500,000 shares issued at $1…
Foreign digital companies have paid 118.4 billion tenge (approximately $225.5 million) to Kazakhstan’s budget since the value-added tax (VAT) was introduced for international digital companies operating in the country in 2022. According to Kazakhstan’s State Revenue Committee, this year the amount reached 48.6 billion tenge ($92.5 million). How much did…
Saudi Arabia is leveraging its low-cost energy and Aramco’s investment drive to become a global leader in artificial intelligence, positioning itself as a future international hub for AI, CNBC reported, citing Aramco CEO Amin Nasser. According to Nasser, the Kingdom’s low-cost energy gives it an edge in AI data infrastructure:…
The Norwegian sovereign wealth fund, one of Tesla’s largest investors, said it will vote against Elon Musk’s new compensation package, which could be worth up to $1 trillion over a decade, according to the Associated Press. The fund, which manages Norway’s Government Pension Fund and holds about 1.16% of Tesla’s…
The client base of Freedom Broker continues to grow. As of Oct. 1, 2025, the company had 310,500 active accounts, which is 80,600 more than a year earlier. The growth in new accounts from January to September amounted to 23.6%, and the total number of securities transactions reached 27.2 million.…
Australia will offer households at least three hours of free solar electricity each day starting in 2026, even for those without rooftop panels. The Solar Sharer program will help households use excess daytime energy more effectively and ease pressure on the national grid, Reuters reported. The scheme will launch in…
Kazakhstan is in talks with ExxonMobil Corp. to develop an untapped portion of the Kashagan oil field, Bloomberg reported, citing sources familiar with the matter. Currently, production is underway only in the eastern part of Kashagan, while the western sections and nearby fields remain undeveloped. According to Bloomberg’s sources, who…
Coca-Cola Içecek Kazakhstan plans to build its fourth plant in Aktobe, western Kazakhstan, with construction set for 2026. The company is a subsidiary of Turkish beverage firm Coca-Cola Icecek. Kazakhstan’s Ministry of Agriculture and the company signed an agreement for the project. Once operational, the facility is expected to create…
The Freedom Holding Corp. Kazakhstan Manufacturing PMI® (Purchasing Managers’ IndexTM) remained below the 50.0 no-change mark in October, dropping to 48.3 from 49.2 in September. The headline index has now signaled a worsening of operating conditions in each of the past five months. October saw a renewed reduction in new…
Kazakhstan can raise oil production in December to 1.569 million barrels per day, up from the November cap of 1.563 million. Eight OPEC+ nations made this decision on Nov. 2. The total oil production increment for December was agreed at 137,000 barrels per day. Therefore, a 7,000-barrel-per-day increase is allocated…
Miryildiz Mining, a Turkish company, aims to launch gold and copper production in Kazakhstan in late 2026, according to Regional Director Emrah Erdem. At the Kazakhstan Global Investment Roundtable on Oct. 31, Erdem said the potential for copper mining in eastern Kazakhstan is strong, with the company focusing its efforts…
Kazakhstan experienced a dramatic reversal in foreign direct investment (FDI) in 2025, shifting from a net inflow of $2.8 billion in the first quarter to a net outflow of $1.9 billion in the second quarter. Economist Ruslan Sultanov attributed the decline primarily to U.S. companies reinvesting profits into production rather…
Using AI tools such as ChatGPT to look up «how to be environmentally sustainable» might actually be working against that goal, according to politics writer Lex McMenamin. That’s because ChatGPT and other large language models carry an environmental cost. Training and operating these systems require massive computing power, and the…
