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Tag: Kazakhstan

Posted on March 6, 2024

Kazakh Business Activity Index Increases in February

ASTANA – Kazakhstan’s Business Activity Index (BAI), which measures the state of the economy in the real sector, showed an increase in February, as reported by the National Bank on March 4. The …
Posted on March 4, 2024

Carlsberg’s Kazakh unit appeals Russian court ban on Baltika sales

Carlsberg’s unit in Kazakhstan has filed an appeal with a Russian court after the Danish brewer was banned from selling the Baltika beer brand of its former Russian partner in some international …

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Posted on March 4, 2024

Kazakhstan: 2024’s Largest IPO Score So Far

While Kazakhstan is known for its mineral and fossil fuel resources … behind their decision to list in the US,” says Ufuk Güçbilmez, senior lecturer in finance at the University of Glasgow’s Adam …
Posted on March 1, 2024

Kazakhstan: a mining power endowed with mineral riches and expertise – and a welcoming investment climate

Further, Kazakhstan boasts 90 types of minerals with a total of 8,720 deposits. It is the global leader in tungsten and the world’s second-largest producer of chromium, lead and zinc. It also has …
Posted on February 29, 2024

Kenges Rakishev and Aselle Tasmagambetova Invest in New Venture Firm BYB Capital, aim to boost Kazakhstan’s Tech Startups

Incorporated at the Astana International Financial Centre (AIFC) in Astana, BYB Capital aims to make the best use of Kazakhstan’s financial and innovation ecosystem, benefiting from the AIFC’s …
Posted on February 29, 2024

Kenges Rakishev and Aselle Tasmagambetova Invest in New Venture Firm BYB Capital, aim to boost Kazakhstan’s Tech Startups

Incorporated at the Astana International Financial Centre (AIFC) in Astana, BYB Capital aims to make the best use of Kazakhstan’s financial and innovation ecosystem, benefiting from the AIFC’s …
Posted on February 29, 2024

Oil Workers Fired As Strike Rages On in Kazakhstan

West Oil Software in Kazakhstan announces the dismissal of 50 employees engaged in a strike that began in December, citing daily financial losses of millions of dollars. The company justifies the mass …
Posted on February 29, 2024

Oil Workers Fired As Strike Rages On in Kazakhstan

West Oil Software in Kazakhstan announces the dismissal of 50 employees engaged in a strike that began in December, citing daily financial losses of millions of dollars. The company justifies the mass …
Posted on February 29, 2024

Acting director of Kazakhstan’s military manufacturer detained on suspicion of power abuse

Acting general director of Kazakhstan’s state company KazSpetsExport Arshat Ayaganov has been detained on suspicion of abuse of power, the press service of the Financial Monitoring Agency said in a …
Posted on February 28, 2024

Kazakhstan boasts preventing plethora of attempts to finance terrorist organizations

ASTANA, Kazakhstan, February 28. More than 1,000 attempts to transfer funds to the accounts of terrorist organizations were prevented in Kazakhstan in 2023, the Chairman of the country’s Financial …

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