Samruk-Kazyna reveals details of upcoming KMG initial offering
It is expected that the company’s cap will reach $11 billion
Central Asia
Kazakhstan struggles with slow internet connection
The government has already fined internet providers for bad service
Ursula von der Leyen: “We open new chapter in the history of partnership with Kazakhstan”
The E.U. and Kazakhstan signed a memorandum of understanding
President Tokayev threatens ArcelorMittal Temirtau with tough actions
More than 20 incidents have happened at the plant since 2006
Caspian Sunrise creates subsidiary for oil trading
The move will increase profitability, the company says
Uzbekistan plans to attract $120 billion in investments by 2026
The government is going to rely on public-private partnerships and privatization
Uzbek airline industry reports increase in revenue
Against the backdrop of strong demand for air travel
Kazakhstan to put more effort into fight against human trafficking
As the number of sexual and labor exploitation victims is much higher than the number of opened criminal cases
Kazakhtelecom plans to allocate 40% of its net profit for dividend payouts
According to KASE
Kazakhstan to build new oil refinery in Jezkazgan
The government is going to invest $2.9 billion into the development of the Ulytau region
Kazakhstan freezes cybersecurity project it started with Russia
The contract cost $39.1 million
Scientists are looking for better jobs in Kazakhstan
We talk about factors that have caused this situation
Uzbekistan denies reports it’s assembling Iranian drones
The State Committee for the Defense Industry said that the country has never worked with Iran to produce weapons or military equipment
Kazakhstan reports a significant increase in small and medium-sized businesses
The Ministry of Economy says that the number of such companies increased by 75% over the past nine years
Freedom to take part in joint effort to fight the water deficit in Aktau
The authorities in the Mangystau region are going to build a pump station
Astana Hub and IT PARK want their infrastructure to be combined
They are also planning to cooperate in developing the IT industry in the region
Binance to test digital tenge
Namely the token BNB Chain
LG denies it’s planning to move its factory from Russia to Uzbekistan
Or Kazakhstan
Galim Khusainov quits Bank CenterCredit
The bank has already revealed who is going to be the new chairman
National Bank of Kazakhstan raises the base rate to 16%
The inflationary pressure is increasing, the regulator said
Kazakhstan pursues green energy through coal power plants
The country’s electric power industry faces many challenges and needs to cut its carbon footprint
Halyk Bank stocks plunge 8.6% at KASE
The bank shareholders are going to decide on dividend payouts
Uzbekistan and the EU increase bilateral turnover
Exports between the two sides are increasing as well
Several banks in Kyrgyzstan turn their backs on Russian Mir payment cards
Due to technical reasons and geopolitical tensions