Economic cooperation between two resource-rich Caspian states has taken on renewed relevance as both pursue diversified growth, more resilient trade …
AIFC Establishes International Islamic Finance Advisory Board
The Astana International Financial Centre (AIFC) has established an Islamic Finance Advisory Board, uniting leading global experts from Bahrain, Kazakhstan, Malaysia, Saudi Arabia, Türkiye, and the …
Spanish Roca Group to invest €70 million in factory construction in Kazakhstan
Leading bathroom hardware manufacturer, Roca Group to invest in Kazakhstan production sites in a bid to expand central Asian business. Roca CEO explains the decision in an exclusive interview with …
Kazakhstan’s oil output decline slows in December, source says
The Caspian Pipeline Consortium (CPC), which handles about 80% of Kazakhstan’s crude exports via Russia’s Novorossiysk port, was damaged on November 29 when a key loading unit was hit, reducing expo …
AIFC Connect Accelerates Capital Market Integration Between Kazakhstan and UAE
“The AIFC serves as a reliable platform for integrating financial markets from AIX joining the Tabadul digital hub to the first dirham-denominated bond issuances in Kazakhstan. Today, 49 UAE companies …
Interview: Kazakhstan’s AIFC governor on the country’s capital markets
The Astana International Financial Centre was established to support a modernised finance sector and capital market in central Asia’s largest economy. AIFC’s governor Renat Bekturov spoke to FA about …
VEON’s Beeline Kazakhstan Breaks Ground for Hyper Cloud Data Center to Offer Sovereign Enterprise, AI and Digital Services
VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON”), today announced that Beeline Kazakhstan has begun construction of the new Hyper Cloud data center in Almaty—an advanced Tier III-certified …
Kazakhstan, Switzerland to Boost Investment and Trade Ties
In his remarks, Zhumangarin emphasized that Switzerland remains one of the leading investors in Kazakhstan. Swiss companies are active in energy, engineering, food processing, pharmaceuticals, and …
Kazakhstan’s Crypto Market Surges to $6.8 Billion as AIFC Expands Regulated Ecosystem
ALMATY – Kazakhstan’s regulated crypto market continues its strong upward trajectory, with trading volumes on platforms licensed by the Astana International Financial Centre (AIFC) reaching $6.8 …
Over 3 Decades Into Independence, Property Protections in Kazakhstan Remain Weak
ALMATY, KAZAKHSTAN — Back in 2013, Bakhyt Nurmuhambetova, a businesswoman from Kazakhstan’s largest city, Almaty, believed that she was investing in something akin to the Kazakh Dream. Not only was …