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Tag: Kazakhstan

Posted on April 26, 2024

Halyk Bank of Kazakhstan announces payment of dividends for 2023

Halyk Bank of Kazakhstan will pay shareholders dividends for 2023 in the amount of 25.43 tenge per common share, the financial institution announced on Friday.
Posted on April 26, 2024

Foreign and Kazakh banks’ syndicate to finance soda production in southern Kazakhstan

Development Bank of Kazakhstan JSC (DBK), Halyk Bank of Kazakhstan JSC, Singaporean ING bank, Chinese Bank of China and Sinosure signed an intercreditor agreement to finance the construction of a soda …
Posted on April 25, 2024

Kazakhstan to introduce austerity regime of public funds – Kassym-Jomart Tokayev

ASTANA, Kazakhstan, April 25. Kazakhstan will introduce a regime of austerity of public funds, Kazakh President Kassym-Jomart Tokayev said during his speech at the XXXIII session of the Assembly of …
Posted on April 25, 2024

Kazakhstan to introduce austerity regime of public funds – Kassym-Jomart Tokayev

ASTANA, Kazakhstan, April 25. Kazakhstan will introduce a regime of austerity of public funds, Kazakh President Kassym-Jomart Tokayev said during his speech at the XXXIII session of the Assembly of …
Posted on April 25, 2024

President of Kazakhstan sets 5-month deadline to rebuild flood-damaged homes

I believe that the upcoming large-scale construction will create new opportunities for citizens,” the President of Kazakhstan added. To note, the floods in Kazakhstan started in March. A state of …

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Posted on April 25, 2024

Republic of Kazakhstan: Financial Sector Assessment Program-Technical Note on Climate-Related Risks and Financial Stability

Kazakhstan is vulnerable to transition risk due to the importance of its energy- and emissions-intensive sectors. Domestic and global climate policies would negatively affect Kazakhstan’s economy, its …
Posted on April 25, 2024

Republic of Kazakhstan: Financial Sector Assessment Program-Technical Note on Regulation and Supervision of Crypto Assets

Kazakhstan saw a significant increase in crypto mining in 2021 following a ban on mining in China. Volatility in crypto markets and energy shortages, coupled with a prohibition on the circulation of …
Posted on April 24, 2024

Kazakhstan prepares draft Concept for development of hydrogen energy

The Ministry of Energy of Kazakhstan has prepared a draft Concept for the development of hydrogen energy in the country, Trend reports. According to …

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Posted on April 24, 2024

Technonikol invests over 11 bln rubles in construction of third rock-wool plant in Kazakhstan

ROSTOV-ON-DON. April 24 (Interfax) – Technonikol has begun construction of a stone wool plant in the Karaganda region of Kazakhstan, the company said in a press release. The cost of the project is …

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Posted on April 23, 2024

Kazakhstan grappling with a fresh wave of flooding

Already struggling to cope with the damage done by flooding that started in late March, Kazakhstan is contending with a new bout of inundations that are forcing tens of thousands of Kazakh citizens …

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