Kazakhstan’s national oil company KazMunayGas (KMG) says it is fully prepared to navigate recent oil price volatility, even as global benchmarks hit new lows and concerns mount over falling state …
Kazakhstan allocates fresh funds to revitalize its Ridder CHPP
ASTANA, Kazakhstan, May 8. The Prime Minister of Kazakhstan, Olzhas Bektenov, has signed a decree allocating approximately 1.7 billion tenge (about $3.23 million) from the Government Reserve for …
MACRO ADVISORY: Kazakhstan’s High Stakes Oil Gambit
Advisory Is Kazakhstan risking a major source of long-term investment in exchange for short-term cash flow? Kazakhstan’s economy is estimated to have grown by more than 5.5% in the first quarter.
Kazakhstan, AIIB Mobilize Finance to Bridge Infrastructure Gap
The session opened with remarks by Konstantin Limitovskiy, a chief investment officer at AIIB, who joined virtually to reaffirm Kazakhstan’s strategic importance in the bank’s portfolio. He noted that …
Kazakhstan Considers Opening Crypto Banks
ASTANA – Kazakhstan is considering the establishment of crypto banks, which can play a key role in the formation of a sustainable ecosystem, Prime Minister Olzhas Bektenov stated in response to a …
Azerbaijan, Kazakhstan begin talks on new double taxation agreement
The State Tax Service (STS) under the Ministry of Economy of Azerbaijan and the National Revenue Committee of Kazakhstan have initiated negotiations on a new draft Convention on the Elimination of …
Unlocking investment in critical minerals in Kazakhstan
Kazakhstan is looking to position itself as a key player in the global critical minerals supply chain, starting with battery materials.
Unlocking Kazakhstan’s hydrogen future, EU encouraged to increase support
Kazakhstan’s transition to green energy is far from simple; it plays a limited role in Kazakhstan’s industry, but hopes are rising for large-scale production.
EBRD to Allocate $25 Million to Support Women-Led Enterprises in Kazakhstan
ASTANA – The European Bank for Reconstruction and Development (EBRD) will provide up to $25 million to support women-led micro, small, and medium-sized enterprises (MSMEs) in Kazakhstan through a new …
Turkmenistan and Kazakhstan Set $1 Billion Trade Goal
Kazakhstan’s President Kassym-Jomart Tokayev and the head of the Turkmen People’s Council (Halk Maslahaty), Gurbanguly Berdimuhamedow, met …