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Tag: Kazakhstan

Posted on January 25, 2024

Embracing progress in Kazakhstan: President Tokayev’s call for a forward-looking Kazakhstan in 2024

IN the age of information, as new democracies rise to confront contemporary challenges such as climate change, Kazakhstan emerges as a nation of remarkable diversity within the rich tapestry of …

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Posted on January 24, 2024

Kaspi Stock (NASDAQ:KSPI): Don’t Ignore This New Nasdaq IPO from Kazakhstan

Many investors have bemoaned a lack of exciting recent IPOs, but last week, a compelling IPO from Kazakhstan came to the Nasdaq. And while the $1 billion IPO didn’t receive much media hype, Kaspi …
Posted on January 22, 2024

Kazakhstan, IFC discuss further development of Middle Corridor

ASTANA, Kazakhstan, January 22. Kazakhstan and the International Finance Corporation (IFC) considered issues of cooperation on the further development of the Trans-Caspian International Transport …
Posted on January 22, 2024

Kazakhstan, IFC discuss further development of Middle Corridor

ASTANA, Kazakhstan, January 22. Kazakhstan and the International Finance Corporation (IFC) considered issues of cooperation on the further development of the Trans-Caspian International Transport …
Posted on January 22, 2024

Kazakhstan’s fintech heavyweight Kaspi generates $1bn with Nasdaq IPO

By Kanat Shaku in Almaty Kazakhstan’s heavyweight fintech Kaspi has generated around $1bn for primary shareholders with an expanded initial public offering (IPO) on the Nasdaq. The LSE-listed …
Posted on January 21, 2024

Kazakhstan to adopt single time zone starting march 1

BAKU, Azerbaijan, January 21. From March 1, 2024, Kazakhstan will switch to a single time zone, Trend reports. Now Kazakhstan will have a 5th time zone (UTC+5). As Interfax clarifies, taking into …
Posted on January 21, 2024

Mobile App Kaspi.kz’s US IPO Raises $1 Billion for Investors

Kaspi.kz’s largest shareholders raised about $1 billion in an upsized initial public offering as the Kazakhstan mobile app company adds momentum to US listings, according to people familiar with the …

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Posted on January 21, 2024

Kazakhstan: Farmers looking to break China’s import inhibitions

Agricultural exports from Kazakhstan to China are picking up after a multi-year lull due to bureaucratic haggling. The ElDala.kz outlet reported that agricultural products transported from Kazakhstan …
Posted on January 20, 2024

An app company in Kazakhstan just had the biggest IPO since Birkenstocks

Kaspi.kz, a mobile app company, launched its initial public offering (IPO) on the Nasdaq stock exchange Friday, raising about $1 billion. On its first trading day, shares of Kaspi.kz debuted 0.5% …
Posted on January 20, 2024

Kazakhstan offers EBRD to reduce borrowing interest rate

ASTANA, Kazakhstan, January 20. Kazakhstan has offered the European Bank for Reconstruction and Development (EBRD) to consider the possibility of reducing the borrowing interest rate, Trend reports.

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