Erdene Resource Development has entered an option agreement to acquire up to an 80% interest in the Tereg Uul copper-gold porphyry prospect in Kazakhstan. The prospect is strategi …
National Bank reports decline in Kazakhstan’s business activity index
Kazakhstan’s National Bank reported a slowdown in business activity, with the Business Activity Index dropping to 50.6 from 51.4 in May. Growth persisted in manufacturing, services, and trade, while …
Eurasian Development Bank raises funds on the UAE Capital Market to finance its investment projects in Central Asia
The Eurasian Development Bank (EDB), a supranational financial institution headquartered in Almaty, Kazakhstan, has issued a private placement bond, denominated in dirhams, on the local UAE capital …
From Kazakhstan to Tajikistan: The rising trend of Islamic veil bans in Muslim nations
The latest ban places Kazakhstan alongside other Central Asian countries that have imposed similar restrictions amid concerns over rising religious conservatism and extremism.
Kazakhstan’s National Bank reveals targets to back budget via National Fund in July 2025
ASTANA, Kazakhstan, July 3. The National Bank of Kazakhstan plans to sell between $600 million and $700 million from the National Fund in July 2025, Trend reports. The national regulator of Kazakhstan …
Karachaganak GPP project with participation of shareholders has been terminated – Kazakhstan’s Energy Ministry
The project to construct a gas processing plant (GPP) at the Karachaganak field with the participation of shareholders under the current production sharing agreement (PSA) has ceased, the press …
New World Bank regional director takes office in Uzbekistan
TASHKENT, Uzbekistan, July 2. Nadji Benhacine has officially taken office as the World Bank Regional Director for Central Asia, overseeing projects and operations in Kazakhstan, Kyrgyzstan, Tajikistan …
Kazakhstan to Address Multilateralism, Financial Relations, AI at BRICS Summit
ASTANA – Kazakhstan will address multilateralism, financial relations, and artificial intelligence (AI) at the upcoming BRICS Summit on July 6–7 in Rio de Janeiro, said Aibek Smadiyarov, a …
Uzbekistan discloses cabbage export trends for 5M2025
Uzbekistan exported 122,900 tons of cabbage worth $46.8 million, primarily to CIS countries. Russia received the largest share (85,700 tons), followed by Kazakhstan, Kyrgyzstan, and Belarus. A smaller …
Uzbekistan discloses cabbage export trends for 5M2025
Uzbekistan exported 122,900 tons of cabbage worth $46.8 million, primarily to CIS countries. Russia received the largest share (85,700 tons), followed by Kazakhstan, Kyrgyzstan, and Belarus. A smaller …