News

In Q3 2025, gross inflow of foreign direct investment in Kazakhstan totaled $4.7 billion following $3 billion in Q2, according to statistics from Kazakhstan’s National Bank.

More than $1 billion was invested in the manufacturing sector, along with vehicle retail and repairs; $997 million — in the mining industry; $772 million — in transportation and storage; and $697.4 million — in the finance and insurance sector.

Kazakhstan’s primary investors in Q3 were as follows:

According to the Bureau of National Statistics, the population of Astana, Kazakhstan’s capital, increased by 6.6%, or 101,900 people, from January to Dec. 1, 2025. This represents the highest growth rate among cities in the country.

During the first 11 months of 2025, Almaty reported a 2.31% population increase (52,900 people), followed by Shymkent with 2.77% (34,800 people) and the Almaty region with 2.08% (32,500 people).

In contrast, several regions experienced both population outflow and natural decline. These include the North Kazakhstan region (-7,400 people), the Abay region (-6,800), the Zhambyl region (-6,500) and the Zhetysu region (-6,400).

The...

Egypt is set to eliminate paper arrival cards for passengers arriving at and departing from the country’s airports, Al Raya reported, citing Egypt’s Civil Aviation Minister Sameh El-Hefny.

According to him, the move aims to streamline travel procedures and allow passengers to save time. The new system is expected to begin on Feb. 1. The decision was made in coordination with the Ministry of Interior, relevant authorities and technology companies.

Upon arrival in Egypt, passengers are currently required to fill in the cards manually, often causing long lines at airports. The initiative aims to replace the...

U.S. President Donald Trump has invited Kazakhstan’s President Kassym-Jomart Tokayev to attend the G20 summit in Miami in December 2026, along with Uzbek President Shavkat Mirziyoyev. Political analyst Rafael Sattarov explained the reasons behind the decision.

China factor

According to the expert, competition with China is a key driver of Washington’s move. The U.S. does not want Central Asia to become overly dependent on Beijing, particularly in areas such as rare earth metals, uranium, lithium and other critical resources used in batteries, defense industries and advanced technologies.

«This is why Washington is rebuilding relations...

Everyone knows that New York never sleeps. Kazakhstan’s President Kassym-Jomart Tokayev wants Almaty — the country’s largest city — to follow the same model. In an interview with the Turkistan newspaper, he said he had instructed Almaty Mayor Darkhan Satybaldy to transform the city into one that «never sleeps.»

«I instructed the mayor to turn Almaty into a city that, like New York, Moscow and Paris, ‘never sleeps,’ operating around the clock for the benefit of its guests. There is still much work to be done, including improvements to infrastructure, landscaping and lighting,» Tokayev said.

Novak Djokovic (world No. 4), a winner of 24 Grand Slam titles, has announced that he is leaving the Professional Tennis Players Association (PTPA), which he co-founded, citing concerns over «transparency and governance.»

«After careful consideration, I have decided to step away completely from the Professional Tennis Players Association. This decision comes after ongoing concerns regarding transparency, governance and the way my voice and image have been represented,» Djokovic wrote on X.

The Serbian tennis player founded the alternative professional players’ union alongside Canadian Vasek Pospisil in 2021. The mission of...

Reports of the capture of Venezuelan President Nicolás Maduro stirred not only the world’s media but also the shelves of a popular brand. Kursiv LifeStyle explains how the tracksuit became the first fashion trend of 2026.

According to media reports, mentions of the «Nike Tech Fleece» garnered tens of millions of views on social media, with the highest interest in the U.S., Brazil, Germany and the U.K.

The surge in Google searches led Nike stores to run out of stock. Several sizes sold out within hours. The hype was sparked by a...

The Freedom Holding Corp. Kazakhstan Manufacturing PMI moved back above the 50.0 no-change mark in December, rising to 51.0 from 49.0 in November. The reading signaled the first improvement in the health of the manufacturing sector in seven months. That said, business conditions strengthened only slightly, with business confidence reaching its lowest level since April 2020.

Growth drivers

Renewed increases in output, new orders, employment, purchasing activity and stocks of inputs were all recorded in December. A rise in new orders helped support the sector’s return to growth, with firms linking this improvement to higher production, increased hiring and greater...

South Korean President Lee Jae Myung is set to meet Chinese President Xi Jinping in Beijing today to improve relations between the two countries. China is South Korea’s largest trading partner, but ties have faced challenges in recent years due to security and political issues. As a close U.S. ally, South Korea is now seeking to balance its security relationship with Washington and its economic ties with China, according to the BBC.

The two leaders are expected to discuss economic cooperation, regional security issues in East Asia and restrictions affecting South Korean cultural exports to China. Lee said...

On Jan. 5, the Toyosu Market in Tokyo, Japan — renowned for its large-scale fish trade and regular auctions — sold a 243-kilogram bluefin tuna for roughly $3.2 million at the first auction of the year, setting a new record at the annual New Year’s auction, The Associated Press reported.

According to the market’s official website, the record-holding fish was caught off Oma, Aomori Prefecture, at a cost of roughly $13,400 per kilogram, compared to $4,800 last year. In total, the wholesale tuna market received 270 fresh tuna...

Danish Prime Minister Mette Frederiksen called U.S. President Donald Trump’s suggestion that the U.S. could take control of Greenland unacceptable, according to the BBC.

Her comments came after Katie Miller, the wife of Trump adviser Stephen Miller, posted an image on social media showing Greenland in U.S. flag colors with the word «soon.» Trump also reiterated that Greenland is essential to U.S. national security because of its location and natural resources.

Frederiksen said discussing the annexation of any part of the Danish kingdom is unreasonable. She emphasized that both Denmark and Greenland are NATO members and already collaborate...

At a Jan. 4 meeting, OPEC+ decided to adhere to plans to pause production increases in the first quarter of 2026, according to Bloomberg. The decision comes against the backdrop of an oversupplied global market. Coalition members are also awaiting greater clarity on whether the capture of Venezuelan President Nicolás Maduro will have any impact on oil supply volumes.

According to Bloomberg sources, key members of the agreement, led by Russia and Saudi Arabia, are set to maintain cumulative production levels at current rates until the end of March.

At the same...

According to Kazakh President Kassym-Jomart Tokayev, Kazakhstan has fallen into the so-called middle-income trap. In an interview with the Turkistan newspaper, he warned that this is not an abstract concept, but a reality the country’s citizens are facing today. Many people earn relatively good incomes, but they are being «diluted» by inflation, mortgages and consumer loans. Moreover, any disruption — such as illness or job loss — can easily undermine a family’s financial stability.

The president noted that, despite the country’s apparent prosperity, significant economic imbalances persist. These problems are being addressed too slowly, which he described as «growing...

What do banks and stadiums have in common? Directly, there is no obvious connection.

One unproven theory, however, suggests that where large amounts of capital are concentrated, generous investments often follow — including funding for major sports facilities.

Our regular contributor and data visualization creator, Nurasyl Abrazakuly, has mapped out the largest banks and stadiums across Central Asia.

The visualization compares financial powerhouses with the region’s biggest sports venues, offering an unusual perspective on the relationship between money, infrastructure and public spectacle.

Kazakhstan’s billionaire class is dominated by the financial and natural resource sectors — a relatively rare combination for a single country.

The infographics below highlight Kazakhstan’s dollar billionaires and richest individuals by net worth, as ranked by Forbes. Both visuals were compiled by Nurasyl Abdrazakuly, a Kazakh data scientist and a frequent collaborator on our infographics.

Visualizing wealth and influence

Each individual in the «Richest people» visual is represented by a circle scaled to their estimated wealth, alongside the logo of their most recognizable company. While many of these figures control multiple businesses, the visualization focuses...

An elaborately decorated house in Shelek, a town in the Almaty region, is going viral on social media. Videos showcasing the bright New Year lights have gathered thousands of likes and enthusiastic comments.

The façade and surrounding area are adorned with numerous string lights and illuminated figures. In the courtyard, New Year installations featuring Santa Claus, a polar bear and glowing Christmas trees can be seen. After dark, the house resembles a fairy-tale setting and draws widespread attention. Users in the comments section highlight the homeowner’s remarkable effort and imagination.

As of Dec. 1, Kazakhstani banks had earned a total of 2.5 trillion tenge ($4.9 billion) in profit, including 226 billion tenge ($449 million) in November alone. Most major banks continued to post stable profits, although some unexpectedly dropped out of the top 10, according to statistics from the National Bank.

Freedom Bank, meanwhile, recorded a sharp rise and entered the top five most profitable banks. It ranked fifth, earning 13.3 billion tenge ($26.2 million) in November — nearly doubling its profit from the previous month — and also reported a positive accumulated profit since the beginning of the year.

New Year, one of the most anticipated holidays in many countries, is just around the corner. Kazakhstan’s largest city, Almaty, is preparing for traditional public celebrations with open-air concerts and festive activities.

The main location for tourists and residents to immerse themselves in the festive atmosphere and welcome the New Year is Astana Square. It is located near the Kazakh-British Technical University and traditionally serves as a venue for major holiday events and concerts. The area features a Western-style New Year market inspired by traditional European Christmas markets, offering hot food and drinks, with tornado potatoes being the most popular...

This New Year’s celebration will be the last time Dutch citizens are allowed to set off firecrackers. The country’s parliament has approved a complete ban on the use of pyrotechnics by private individuals. Starting next year, only professional fireworks show organizers will be permitted to use them, Bild reported.

Because of the upcoming ban, this New Year’s Eve is expected to be one of the loudest and most colorful in recent years, as fireworks sales have surged ahead of the restriction. Sales this year are expected to be about 20% higher than last year.

Police and emergency services are...

The Kazakh government has approved an investment agreement to launch a new soft drink plant in the Aktobe region next year. A decree was signed by Prime Minister Olzhas Bektenov.

The project’s investor, Coca-Cola Almaty Bottlers LLC, is ready to allocate approximately $83 million to the new production site. Once fully operational, the plant will be able to produce up to 280 million liters of nonalcoholic beverages a year and provide jobs for 120 people.

The plant will utilize modern production solutions, including environmentally friendly waste management systems that meet international standards. Officials said the project is in line...

Citigroup has approved the sale of its remaining business in Russia, marking another step in the bank’s withdrawal from the country, according to Euronews.

The U.S. bank plans to sell its Russian subsidiary, AO Citibank, to Renaissance Capital, an investment bank focused on emerging and frontier markets. The transaction is expected to be completed in the first half of 2026, subject to regulatory approval and other closing conditions.

In a filing with the U.S. Securities and Exchange Commission (SEC), Citi said it expects to record a pretax loss of about $1.2 billion from the sale in the...

Kazakhstan’s external debt reached a historic high in 2025. Below is an overview of the country’s external debt profile by sector, creditor type and creditor country. The data are visualized by Nurasyl Abdrazakuly, a Kazakh data scientist and a frequent contributor to our infographics, using official figures from Kazakhstan’s National Bank.

How the debt is distributed by sector

In the sector-by-creditor visualization, the top five creditor countries are shown for each sector, while all remaining countries are grouped under «Others» to maintain clarity.

Kazakhstan’s external debt by sector breaks down as follows:

Kazakhstan is transitioning to a proactive economic growth policy (PEG) that assigns the public sector a leading role in attracting and allocating investment. The shift reflects a broader global trend toward a more active state role in economic policy rather than a uniquely Kazakh initiative.

The central risk of the PEG lies in the potential entrenchment of inefficiencies, particularly where economic objectives must be balanced against social obligations.

Policy overview and timeline

The concept of the proactive economic growth policy was introduced in October 2025 by Deputy Prime Minister and Economy Minister Serik Zhumangarin. He outlined the policy’s broad...

Kazakhstan is set to expand its gambling zones under a new law approved by the Mazhilis, the country’s lower house of parliament, in its second reading.

In addition to the already active zones in Borovoe and Qonaev, casinos may be established along the Caspian Sea coast in the Mangystau region, at Lake Alakol in the Panfilov district, as well as in the Zhetysu, Almaty and East Kazakhstan regions.

Speaking at a government briefing, Kazakhstan’s Minister of Tourism and Sport Yerbol Myrzabossynov said that the government will determine only the designated areas, while specific land plots for casinos will be selected...