Economy ≡ Today’s latest news in category Economy

Iran exporting agro products to Central Asia for 25 yrs

MASHHAD. KAZINFORM Iranian agriculture products have been exported to five Central Asian countries via Sarakhs border terminal for at least 25 years, an Iranian official said.

Economy > Economy

13.01.2022 14:14

Damage from mass riots to cost some KZT 103 bln

NUR-SULTAN. KAZINFORM «Damage from mass riots in Kazakhstan will cost some KZT 103.7 bln,» the National Chamber of Entrepreneurs Atameken said.

Economy > Economy

12.01.2022 11:05

Second-tier banks resume operations in Kazakhstan

NUR-SULTAN. KAZINFORM All the second-tier banks of Kazakhstan return to normal nationwide, except for those located in Almaty and Taldykorgan cities, Kazinform reports.

Economy > Economy

10.01.2022 13:04

Cost of damages from unrest approaches KZT 93.7 bln

NUR-SULTAN. KAZINFORM The National Chamber of Entrepreneurs Atameken announced that the damage from unrest at a rough guess will cost some KZT 93.7 bln as of January 10, Kazinform reports.

Economy > Economy

10.01.2022 10:55

Kazakh second-tier banks and financial organizations suspend operations

NUR-SULTAN. KAZINFORM All the second-tier banks and financial organizations of Kazakhstan have suspended their work today, Kazinform reports quoting Khabar 24.

Top Story

06.01.2022 10:56

AIFC Court and IAC present their 2021 results and future plans

NUR-SULTAN. KAZINFORM The AIFC Court and International Arbitration Centre (IAC) have completed more than 900 cases consisting of Court judgments, arbitration awards, and mediation settlements, since their commencement of operations on 1 January 2018. These results are unprecedented for dispute resolution institutions at an international financial centre which has only been operating for four years.

Economy > Economy

01.01.2022 12:15

Port of Baku, ports of Central Asian countries integrate their information systems

BAKU. KAZINFORM The Baku International Sea Trade Port CJSC (Port of Baku) and the ports of Central Asia are integrating their information systems into a single platform within the framework of cooperation under the PCS (Port Infrastructure Management Program) program, the Head of the Strategic Planning and Development Department of Port of Baku, Khudayar Hasanli told Trend.

Economy > Economy

30.12.2021 17:01

AFSA introduces series of amendments to the anti-money laundering rules

NUR-SULTAN. KAZINFORM AFSA has made amendments to the AIFC Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Rules (the Rules) to increase adherence of the AIFC AML/CFT framework to Recommendations of the Financial Action Task Force (FATF), the AIFC’s official website reads.

Economy > Economy

29.12.2021 19:11

Kazakhstan and Russia discuss issues of supporting small and medium-sized businesses

NUR-SULTAN. KAZINFORM On December 15-16, the Association of Russian Banks in partnership with the Government of Kazakhstan, the United Nations Development Program in Kazakhstan (hereinafter referred to as UNDP) and the Moscow Small Business Lending Assistance Fund held a conference «Guarantees as a tool to increase the availability of debt financing for business».

Economy > Economy

28.12.2021 19:12

AIFC and MGIMO sign an agreement on cooperation

NUR-SULTAN. KAZINFORM A solemn signing of the cooperation agreement between the Astana International Financial Centre (AIFC) and the Moscow State Institute of International Relations (MGIMO) was held with the participation of the MGIMO Rector, Academician of the Russian Academy of Sciences – A.V. Torkunov, and Chairman of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, Governor of the AIFC- K.N. Kelimbetov, the AIFC’s official website reads.

Economy > Economy

23.12.2021 12:39

EDB lists US$100 million 2-year bonds on Astana International Exchange

NUR-SULTAN. KAZINFORM Astana International Exchange (AIX, Exchange) is pleased to announce that Eurasian Development Bank (EDB, Bank) has listed US$100 million 2-year bonds with a coupon of 1.5% per annum on AIX.

Economy > Economy

21.12.2021 18:38

AIFC investment platform – VentureRocket Eurasia launches a fundraising campaign for a new startup project

NUR-SULTAN. KAZINFORM The AIFC member, an Uzbekistan-based retail startup BILLZ Ltd. is raising funds on the VentureRocket Eurasia platform.

Economy > Economy

21.12.2021 13:11

«Al Meer Investment Group», UAEs’ company intends to attract investments to Kazakhstan economy

NUR-SULTAN. KAZINFORM The Astana International Financial Center (AIFC) and «Al Meer Investment Group», United Arab Emirates’ investment company have agreed to cooperate in attracting investment to the economy of Kazakhstan.

Economy > Economy

20.12.2021 19:16

AIFC Authority and Law Society of Hong Kong discuss coop opportunities

NUR-SULTAN. KAZINFORM The representatives of the AIFC Authority headed by Mr. Nurzhan Kosbayev, Deputy Chairman of the Management Board, hosted an online meeting with the newly elected President of the Law Society of Hong Kong, Mr. C.M. Chan, as well as Mr. Amirali B. Nasir and Mr. Christopher K.K. Yu, Vice-Presidents, and Ms. Heidi Chu, Secretary-General.

Economy > Economy

17.12.2021 13:11

Shinhan Bank Kazakhstan joins EBRD green financing facility

NUR-SULTAN. KAZINFORM - The European Bank for Reconstruction and Development (EBRD) is promoting green financing in Kazakhstan by offering new funds to micro, small and medium-sized enterprises (MSMEs) that are planning to invest in energy-saving solutions. Shinhan Bank Kazakhstan (SBK) becomes the latest financial institution in the country to join the EBRD’s Green Economy Financing Facility (GEFF), ebrd.com reports.

Economy > Economy

13.12.2021 20:13

Kazakh economic growth accelerates to 3.8%

NUR-SULTAN. KAZINFORM – Economic growth of Kazakhstan accelerated to 3.8% in January-November of this year, Kazinform correspondent reports.

Economy > Economy

09.12.2021 10:09

Kazakh Invest CEO names most promising sectors to invest

NUR-SULTAN. KAZINFORM Kazakh Invest National Company JSC CEO Meirzhan Yussupov outlined the most promising sectors to invest, Kazinform reports.

Economy > Economy

07.12.2021 17:41

AIFC Authority and 47Pitches sign MoU in the field of legal tech

NUR-SULTAN. KAZINFORM The Astana International Financial Centre Authority and 47Pitches signed a memorandum to connect enterpreneurs across Central Asia with investors from the US. The initiative is part of the AIFC’s mandate to enhance investment into Kazakhstan, and to support enterprenuriasm and talent throughout the country and the region.

Economy > Economy

03.12.2021 11:12

Kazakhstan attracted $670bln worth of FDI during independence period

NUR-SULTAN. KAZINFORM – Kazakhstan has attracted foreign direct investment worth of over $670 billion during 30 years of its independence, Vice Minister of National Economy Alisher Abdikadirov said Monday, Kazinform correspondent reports.

Economy > Economy

29.11.2021 15:00

Conference Hall named in honour of Lady Barbara Judge opens at AFSA

NUR-SULTAN. KAZINFORM The ceremony was conducted in recognition of Lady Judge’s service as the first Chair of the AFSA (Astana Financial Services Authority) Board of Directors and her contribution to the development of AIFC.

Economy > Economy

26.11.2021 12:24

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