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The Astana International Exchange (AIX) reported $188 million in trade volume from January to March 2025. In 2024, the same rate totaled $1.3 billion, or $325 million per quarter on average, which is 72.9% higher than the figure in Q1 of this year.

In the first three months of 2025, 277 securities from 156 issuers were available on the AIX. Since the beginning of the year, the number of securities in circulation on the exchange has increased by 16.4% or 42 financial instruments (including delistings), while the number of issuers has grown by 13.3% or 34 participants.

In...

Jennifer Lopez’s fans in Kazakhstan are lighting up the comments section of her manager’s social media post announcing the «Up All Night» world tour, which includes a stop in Astana. Flooding the post with heart emojis, Kazakhstan’s flags and warm invitations to try beshbarmak, the country’s beloved national dish, fans are showing their excitement ahead of her Aug. 1, 2025, concert.

Lopez confirmed the tour dates on her Instagram account, revealing that the «Up All Night» tour will span 17 cities across Europe, the Middle East and Central Asia, including stops in Antalya, Istanbul, Sharm El Sheikh, Vigo, Cádiz...

Kazakhstan is eyeing a mining boom and seeking partners in Canada. During a recent visit to Toronto, Renat Bekturov, governor of the Astana International Financial Centre (AIFC), estimated the value of Kazakhstan’s untapped mineral resources at $40 trillion. He invited Canadian companies to play a role in developing these resources.

«Kazakhstan is counting on its estimated $40 trillion mineral wealth to spark a mining boom […] To attract investors, state-backed AIFC is offering a clear, modern regulatory system and easier processes for investors,» the Mining.com news platform reported.

Since its founding in 2018, more than...

The government of Kazakhstan has prepared new measures to attract foreign tourists; the introduction of the Tax Free system is one of them.

The Ministry of Tourism and Sports has proposed switching the Tax Free system from a test mode to a permanent operation across the entire country.

The Tax Free system operates in many countries around the world, helping to attract tourists by granting them the opportunity to make a tax refund on purchases. Testing of the system began in 2019 in Astana, Almaty, Shymkent and Turkestan.

From Aug. 15, 2019, to Dec. 31, 2024, authorities refunded international tourists...

The Kyrgyz cabinet has expressed concerns about the growing number of places of worship in the country. To address the issue, authorities have proposed introducing specific rules and guidelines to regulate the number of new places of worship in various areas. The draft regulation has already been brought up for public consideration, as reported by the local 24.kg news portal.  

The Kyrgyz State Commission for Religious Affairs has been registering previously built but unregistered places of worship in the country over the past four years. During this period, local authorities have discovered almost 650 religious buildings operating without official...

Kazakh Invest, Kazakhstan’s national investment promotion agency, has addressed the recent decline in foreign direct investment (FDI) to the country. In 2024, gross FDI inflows dropped by 28%, from $23.9 billion to $17.1 billion. Meanwhile, net FDI turned negative for the first time since records began in 2005, reaching -$2.55 billion.

The agency considers this downturn a temporary phenomenon and says the trend can be reversed, primarily through several planned investment projects.

Why is FDI decreasing?

Kazakh Invest emphasizes that the drop in FDI does not reflect a decline in Kazakhstan’s investment appeal. Instead, it attributes the slowdown to several...

Over six months, a 62-year-old woman residing in Kostanay had been messaging with a person pretending to be Keanu Reeves on TikTok. He asked her to transfer him $400, claiming he had ended up in a difficult situation, as reported by Polisia.kz. To make the transaction, the woman went to a bank, where bank officials, along with the office for combating cybercrime, persuaded her not to proceed with the transfer.

The woman approached a second-tier bank because she didn’t know how to transfer funds on her own. However, the bank’s employees noted that the account to which the victim wanted...

On April 7, Minister of Tourism and Sports of the Republic of Kazakhstan Erbol Myrzabosynov met with the leaders and employees of Freedom QJ League, including Chairman of the Board of Trustees Timur Turlov, at the organization’s office. According to the minister, the league has created an effective project based on a systematic approach and focused on comprehensive development over just two years. Myrzabosynov admitted that he was a bit surprised by the fact that QJ League had done so in such a short time.

The official also recalled that the press conference dedicated to the launch of the Freedom...

Global stock markets took a sharp dive following the U.S. announcement of new import tariffs targeting more than 180 countries. Kazakhstan’s stock exchange followed suit: on April 4, the KASE index dropped 2.7% to 5,522 points. Analysts surveyed by Kursiv.media warn the market may face continued pressure in the days ahead.

Global market turmoil

Investor anxiety is mounting amid aggressive trade policies from President Donald Trump’s administration, which many fear could tip the global economy into a recession.

European markets opened Monday with steep losses. The Stoxx Europe 600 was down 5.16% at the time of publication, with industrial and...

Kyrgyzstan is battling a measles outbreak. According to the local media, nearly 5,000 cases of measles, including eight fatalities, have been reported in the country since the beginning of the year. Despite the challenging situation in the neighboring nation, Kazakhstan’s Committee of Sanitary and Epidemiological Control told Kursiv.media that, in contrast, Kazakhstan has seen a 99% decrease in disease incidence.

«We are still registering measles cases across the country. Thanks to the measures undertaken, 229 such cases were reported in February 2025. This is a significant decrease compared to December 2023, when more than 10,000 cases...

Kazakhstan has entered the world’s top 10 countries for digital public service quality, Prime Minister Olzhas Bektenov announced during a recent cabinet meeting. According to him, the country’s leap forward is the result of streamlined bureaucratic processes and the continued development of its e-government (eGov.kz) system.

«Kazakhstan has joined the top 10 countries in the world in the provision of digital public services,» Bektenov said. «We have reached the stage of proactive and seamless service delivery; citizens no longer need to visit government offices to access services.»

One notable example of this digital-first approach is...

The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have signed a memorandum of understanding with the ministries of energy of Kazakhstan, Uzbekistan and Azerbaijan to support the feasibility study of the export corridor for green electricity from Kazakhstan and Uzbekistan via the Caspian Sea and Azerbaijan to Europe, as reported by the ADB.

«The Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan today signed a Memorandum of Understanding (MOU) to support the Feasibility Study for the Caspian Green Energy Corridor...

Oil and uranium account for 73% of Kazakhstan’s exports to the U.S. This category of goods is likely to be exempt from new tariffs imposed on trade partners of the U.S. by President Donald Trump. The White House has already published a document listing goods free of new duties.

The document includes uranium ores and concentrates, natural uranium and compounds of natural uranium and enriched U235. An annex to the document also mentions oil 127 times. However, it is unclear whether Kazakhstani oil is subject to the new tariffs, as the U.S. government uses an eight-digit code to regulate foreign...

A pilot project designed to oversee public spending through the digital tenge has been launched in Kazakhstan. The new method was the main topic at a cabinet meeting presided over by Prime Minister Olzhas Bektenov on April 3. During the meeting, officials discussed new approaches to ensuring transparency in the use of state funds, as reported by the press service of Kazakhstan’s Anti-Corruption Agency.

Askhat Zhumagali, chairman of the agency, reported on the results achieved through the introduction of the so-called “money coloring,” which allows tracking the flow of public funds to their final recipients.

According to the agency, the...

Kazakhstan’s Ministry of Internal Affairs is considering new measures to regulate electric scooter operation. Due to the significant number of traffic collisions involving these vehicles, the measures may include introducing e-scooter registration and even requiring riders to obtain a driver’s license.

Kaisar Sultanbayev, chairman of the Administrative Police Committee, stated that the issue of registration is not urgent; however, if the number of traffic violations increases, such measures may become necessary. Authorities are also working on developing bicycle infrastructure, although expanding the network of bike lanes is not feasible at the moment.

Furthermore, e-scooter riders may lose their right to...

The European Union (EU) has prepared a €12 billion package of investments for the Central Asian countries within its Global Gateway program. President of the European Commission Ursula von der Leyen announced the initiative during the first EU-Central Asia summit in Samarkand, Uzbekistan, as reported by Spot.uz.

According to the European official, the new Global Gateway investment package worth €12 billion will be a joint effort of the EU and its member states.

She also emphasized that the package would lay the foundation for the launch of large-scale projects across all of Central Asia: in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and...

Kyrgyz police have conducted street patrols in Jalal-Abad, speaking with women about the country’s ban on wearing the niqab, a face veil worn by some Muslim women, in public places. The State Committee for National Security released photos of the enforcement efforts.

Kyrgyzstan’s law on religious freedom and religious associations, which prohibits wearing the niqab in public spaces, took effect in late January 2025. Violators face a fine of approximately $230. On April 2, law enforcement officials held a meeting in Jalal-Abad to enforce the ban and raise awareness among women wearing niqabs in public.

The law also bans clothing...

President Kassym-Jomart Tokayev held talks with European Commission President Ursula von der Leyen during the first EU-Central Asia summit in Samarkand, Uzbekistan. At the meeting, Tokayev highlighted several areas where Kazakhstan has the potential for effective cooperation with EU countries, including energy and logistics, as reported by Akorda.kz.

«President Tokayev outlined at least four areas, where Kazakhstan has the potential to deepen its cooperation with Europe, including energy, major infrastructure and industrial projects, digital innovation and artificial intelligence,» the Akorda said on its website.

In turn, Von der Leyen emphasized that the EU is interested...

In May 2025, members of the Jogorku Kenesh, Kyrgyzstan’s parliament, will receive new official vehicles — Chinese LiXiang hybrid crossovers — according to the 24.kg news agency. Although the national budget did not include a specific allocation for the cars, funding will be redirected from other state programs.

The original 2025 budget did not account for purchasing vehicles for lawmakers. However, Kyrgyz media reports indicate that the funding will come from money initially allocated for special vehicles and buses for the mayor’s office.

In fall 2024, members of parliament introduced a draft law to reinstate official vehicles, arguing they were...

The prominent American manufacturer Deere & Company (the John Deere brand) has begun production of agricultural machinery in Kostanay. All manufacturing activities will be based at the localization center within the Agromash plant (controlled by Allur), as reported by the government’s press service.

«The launch of local production of John Deere machines will accelerate the renewal of the agricultural machinery fleet, offering new opportunities for Kazakhstani farmers,» the government said in a statement.

Authorities also announced the launch of a new $239.4 million leasing program designed to help farmers acquire domestically manufactured agricultural machinery at...

On April 2, U.S. President Donald Trump signed an executive order imposing reciprocal tariffs on imports from dozens of countries, including Kazakhstan. The tariff rate on goods from Kazakhstan is set at 27%, the highest among Central Asian nations.

The U.S. accounts for 2.4% of Kazakhstan’s exports. In 2024, Kazakhstan exported $1.97 billion worth of goods to the U.S., primarily oil, uranium, ferroalloys and silver. Kursiv.media spoke with political analysts Daniyar Ashimbayev and Gaziz Abishev to assess the potential impact of the new tariffs.

Wait-and-see approach

Gaziz Abishev believes the tariffs won’t significantly affect U.S.-Kazakhstan relations. He expects the Kazakh...

President of Kazakhstan Kassym-Jomart Tokayev met with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso during his official visit to Samarkand, Uzbekistan. At the meeting, Renaud-Basso stated that the EBRD is prepared to invest €2 billion in specific projects in Kazakhstan.

«Odile Renaud-Basso presented updated information about the implementation of the green transition program. The bank is ready to invest €2 billion,» Akorda said in a statement.

In response, President Tokayev expressed his gratitude to Renaud-Basso for supporting the development of Kazakhstan’s banking sector.

According to the president’s press service, in...

President Kassym-Jomart Tokayev has arrived in Uzbekistan to participate in the EU-Central Asia Summit in Samarkand. President Tokayev received a heartwarming welcome with flowers, as reported by the Akorda.

«Uzbekistani Prime Minister Abdulla Aripov greeted President Tokayev at the airport,» the president’s press service reported on Telegram.

Tokayev is also expected to attend the Samarkand Climate Forum that will address climate threats faced by the five Central Asian countries.

Five days ago, President Tokayev warmly welcomed President of Uzbekistan Shavkat Mirziyoyev at Almaty Airport in person. The two leaders were supposed to hold an informal...

Kazakhstan’s National Fund has declined by 819.8 billion tenge (approximately $1.6 billion) since the beginning of the year, according to the Ministry of Finance. In early January, the fund stood at nearly $65.8 billion, but by the end of March, it had dropped to about $64 billion at the current exchange rate.

Over the past three months, the fund received approximately $1.3 billion, including nearly $223 million in March. The primary sources of revenue included:

At...