ASTANA – Trading volume at the Kazakhstan Stock Exchange (KASE) hit 389.1 trillion tenge (US$753.6 billion) in 2024, 5% less than the previous year, said KASE Deputy Chairwoman Dana Amanzholova on Jan …
National Bank: Kazakhstan’s Cashless Payments Surge to Over 85% in 2024
ASTANA – Kazakhstan has seen a significant rise in cashless transactions, with their share exceeding 85% in 2024, according to the National Bank’s annual report on the development of the national …
Kazakhstan ups pressure on oil firms for improved contract terms
Investing.com — Kazakhstan, a leading global oil producer, has increased its pressure on international oil firms operating within its borders. The central Asian nation has been in conflict with …
ForteBank reopens Kazakh FIG market
ForteBank is bringing the first international bond from a privately-owned bank from Kazakhstan since 2014, offering a chunky pickup from the sovereign at its entry point.
Uzbekistan, Kazakhstan, Kyrgyzstan agree on key principles, stages of Kambarata HPP-1 project
TASHKENT. Jan 28 (Interfax) – Officials from Uzbekistan, Kazakhstan, Kyrgyzstan and the World Bank agreed on the key principles and stages of the Kambarata HPP-1 hydropower plant project during a …
“Bought like Indians for beads”: do Western oil giants pay enough to Kazakhstan
There are still passions in Kazakhstan about whether Western oil giants share enough with the state for producing most of the oil in the country. They own the lion’s share of production at all three …
Cameco stock drops double-digits; Kazakhstan uranium mine to restart operations
Cameco (CCO.TO)(CCJ) shares dropped as much as 13 per cent on Monday, after the company’s partner in Kazakhstan said production has restarted at a jointly operated mine shut down on New Year’s Day.
Kazakhstan makes inaugural oil shipment from its Kashagan to Baku Port
BAKU, Azerbaijan, January 27. Kazakhstan’s Taraz tanker, carrying oil from the Kashagan field, has departed from the Aktau port en route to Azerbaijan’s Baku, Tren d reports citing KazMunayGas.
Cameco stock drops double-digits; company says Kazakhstan uranium mine to restart operations
Cameco (CCO.TO)(CCJ) shares fell as much as 13 per cent on Monday, after the company reported that its partner in Kazakhstan says production has restarted at a jointly operated mine shut down on New …
Kazakhstan’s daily oil output at record high amid Chevron-led expansion
Oil production in Kazakhstan reached a daily record high of 278,499 metric tons on Sunday just after it embarked on an expansion of its largest oilfield, Chevron-led Tengiz, according to official data …