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Tag: Kazakhstan

Posted on December 8, 2024

Kazakhstan Enters Top 50 in World Prosperity Index

ASTANA – Kazakhstan ranked 49th out of 186 nations with 47.36 points, ahead of Russia, Türkiye, China and Central Asian countries, in the World Prosperity Index, published by HelloSafe Canadian …
Posted on December 8, 2024

Growth returned to Kazakhstan service sector in November, PMI shows

Kazakhstan’s service sector activity saw renewed gains in November, following a contraction in October, according to purchasing managers’ index (PMI) data released by Freedom Holding Corp and S&P …
Posted on December 8, 2024

Financial Education Can Empower Young People in Kazakhstan

Overall, financial illiteracy has emerged as a long-term threat to the stability of the nation’s economy as well as the economic prospects of its citizens, and it deserves serious attention.
Posted on December 8, 2024

Concept of Investment Policy of the Republic of Kazakhstan Approved Until 2029

All types of investment agreements providing for financial and nonfinancial preferences will establish … of reduced-rate lending to investors through the Development Bank of Kazakhstan at 6% …
Posted on December 8, 2024

What To Know About A New Investigation Into Kazakhstan And A Strategic Caspian Pipeline

A new two-year investigation led by the International Consortium of Investigative Journalists and more than 20 media partners, including RFE/RL, dug into financial dealings surrounding a strategic …
Posted on December 8, 2024

Expert: China, Kazakhstan see partnership as way forward

China and Kazakhstan are poised to deepen their economic and technological collaboration through the Digital Silk Road, a key component of the Belt and Road Initiative, according to Timur Turlov, …
Posted on December 8, 2024

EBRD, DBK to finance $270 mln project to unify Kazakhstan’s energy system

The EBRD’s financial support also includes a preferential loan of 15 million euros from the Government of Canada under the High Impact Partnership on Climate Action program,” KEGOC said. The loan …
Posted on December 8, 2024

Halyk Bank issues first green bonds in Kazakhstan

The bank completed the placement of these bonds on the Kazakhstan Stock Exchange (KASE) on Monday, totaling 20 billion Kazakhstani tenge (KZT) with a three-year maturity. The proceeds from these green …
Posted on December 7, 2024

Crypto’s Complex Journey in Central Asia

This article explores the rapid growth of cryptocurrency adoption in Central Asia and the Caucasus, highlighting Uzbekistan’s leadership and Kazakhstan’s complex relationship with crypto mining.
Posted on November 19, 2024

Gold miner Solidcore extends $96 mln investment loan to junior exploration co in Kazakhstan

MOSCOW. Nov 19 (Interfax) – Solidcore Resources , a gold mining company formerly known as Polymetal, has provided an investment loan facility of $96 million to Bai Tau Minerals (BTM) to finance its …

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