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Tag: Kazakhstan

Posted on April 5, 2025

Kazakhstan-Azerbaijan energy project gains attention from global financial institutions – deputy minister (Exclusive interview)

The deepwater cable project across the Caspian Sea is attracting strong interest from international financial institutions, Kazakhstan’s Deputy Minister of Energy Sungat Yessimkhanov said in an …
Posted on April 5, 2025

Kazakhstan’s services business activity rises only fractionally in March, PMI shows

Growth in business activity saw another month of “marginal” expansion in Kazakhstan’s service sector in March, according to purchasing managers’ index (PMI) data released by Freedom Holding and S&P …
Posted on April 4, 2025

Seeking to punish cheaters, Saudi Arabia pushes OPEC+ to open oil taps

Saudi Arabia’s anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ oil group to open taps on Thursday and might not be reversed even if oil …
Posted on April 4, 2025

Seeking to punish cheaters, Saudi Arabia pushes OPEC+ to open oil taps

Saudi Arabia’s anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ oil group to open taps on Thursday and might not be reversed even if oil …
Posted on April 3, 2025

Radisson Hotel Group expands in Kazakhstan with new hotel in Almaty

Radisson Hotel Group has broadened its operations in Kazakhstan through the inauguration of the Sadu Hotel in Almaty, now part of Radisson Individuals. This introduction signifies the first entry of …

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Posted on April 3, 2025

Connecting Continents: Kazakhstan’s Pivotal Role in Driving International Cooperation

In an era marked by geopolitical uncertainties, climate change, and economic instability, international cooperation has never been more crucial, and middle powers are stepping up to serve functions …
Posted on April 3, 2025

Connecting Continents: Kazakhstan’s Pivotal Role in Driving International Cooperation

In an era marked by geopolitical uncertainties, climate change, and economic instability, international cooperation has never been more crucial, and middle powers are stepping up to serve functions …
Posted on April 3, 2025

OPEC+ to discuss Kazakhstan output at Thursday’s meeting, sources say

Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up …
Posted on April 2, 2025

Income Disparities in Kazakhstan Reflect Seasonal and Regional Variations

ASTANA – The poverty rate in Kazakhstan fell to 4.8% in the fourth quarter of 2024, down from 5.1% in the previous quarter, reported the Halyk Finance analytical center on March 27. According to the …
Posted on April 1, 2025

Digital Tenge is No Panacea, Says Kazakhstan’s Top Fintech Official

Zhalenov said the rollout of digital tenge is an “absolutely logical step” for Kazakhstan. The project has been spearheaded by the NBK since 2021.

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