Issue 4824 - 14.11.2025
14.11.2025

Head of State sends letter of gratitude to Russian President

Following his state visit to the Russian Federation, President of Kazakhstan Kassym-Jomart Tokayev has sent a letter of gratitude to his Russian counterpart, Vladimir Putin.

“The atmosphere of warmth, trust, openness, and mutual understanding contributed to the complete success of the visit and was received with much delight by the people of Kazakhstan.

Of particular importance is the Declaration on the Transition of Inter-State Relations between Kazakhstan and Russia to the Level of a Comprehensive Strategic Partnership and Alliance.

This document will significantly strengthen the multifaceted cooperation between our countries,” wrote the Head of State.

As written before, the Kazakh President's state visit to the Russian Federation took place on November 11-12.

It should be recalled that Kassym-Jomart Tokayev arrived in Moscow on a state visit at the invitation of Russian President Vladimir Putin. The welcoming ceremony started in the air, with fighter jets and helicopters escorting the presidential aircraft as a mark of special respect, and continued at Moscow’s Vnukovo Airport with a military band and honor guard.

The Kazakh and Russian Presidents held informal talks on bilateral relations. Later, Vladimir Putin hosted a dinner with Kassym-Jomart Tokayev.

President Kassym-Jomart Tokayev of Kazakhstan laid flowers at the Tomb of the Unknown Soldier in the Alexander Garden in Moscow. Additionally, he met with Valentina Matviyenko, Speaker of the Russian Federation Council.

It was reported that the Head of State, Kassym-Jomart Tokayev, via videoconference, participated in the 21st Kazakhstan–Russia Interregional Cooperation Forum held in Uralsk.

Presidents Kassym-Jomart Tokayev and Vladimir Putin signed the Declaration on the Transition of Interstate Relations between Kazakhstan and Russia to the level of a comprehensive strategic partnership and alliance following talks on Wednesday in Moscow.

By Kazinform

Kazakhstan General

14.11.2025

Kazakh Prime Minister and Kyrgyz Prime Minister held the 13th meeting of the Intergovernmental Council in Astana

Prime Minister Olzhas Bektenov and Chairman of the Cabinet of Ministers and Head of the Presidential Administration of the Kyrgyz Republic Adylbek Kasymaliev, who arrived in Astana on a working visit, discussed the development of trade and economic cooperation at the 13th meeting of the Kazakh-Kyrgyz Intergovernmental Council.

The parties discussed...

Prime Minister Olzhas Bektenov and Chairman of the Cabinet of Ministers and Head of the Presidential Administration of the Kyrgyz Republic Adylbek Kasymaliev, who arrived in Astana on a working visit, discussed the development of trade and economic cooperation at the 13th meeting of the Kazakh-Kyrgyz Intergovernmental Council.

The parties discussed...

14.11.2025

Kazakhstan actively participated in the 43rd UNESCO General Conference

The delegation of the Republic of Kazakhstan is completing its participation in the 43rd session of the UNESCO General Conference, held from 30 October to 13 November 2025 in Samarkand. The event, attended by over 4500 representatives out of almost 180 Member States, has become the Organization’s largest gathering, setting strategic...

The delegation of the Republic of Kazakhstan is completing its participation in the 43rd session of the UNESCO General Conference, held from 30 October to 13 November 2025 in Samarkand. The event, attended by over 4500 representatives out of almost 180 Member States, has become the Organization’s largest gathering, setting strategic...

14.11.2025

Kazakhstan strengthens regional cooperation on Afghanistan

Special Representative of the President of the Republic of Kazakhstan for Afghanistan – Ambassador-at-Large of the Ministry of Foreign Affairs of Kazakhstan, Yerkin Tukumov, paid a working visit to Brussels to participate in the seventh meeting of the European Union and Central Asian Special Representatives and Envoys for Afghanistan.

The event...

Special Representative of the President of the Republic of Kazakhstan for Afghanistan – Ambassador-at-Large of the Ministry of Foreign Affairs of Kazakhstan, Yerkin Tukumov, paid a working visit to Brussels to participate in the seventh meeting of the European Union and Central Asian Special Representatives and Envoys for Afghanistan.

The event...

14.11.2025

Foreign Ministers of Kazakhstan and France hold telephone conversation

At the initiative of the French side, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a telephone conversation with Minister for Europe and Foreign Affairs of the French Republic Jean-Noël Barrot.

During the conversation, the parties exchanged views on issues of bilateral cooperation and emphasized the importance...

At the initiative of the French side, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a telephone conversation with Minister for Europe and Foreign Affairs of the French Republic Jean-Noël Barrot.

During the conversation, the parties exchanged views on issues of bilateral cooperation and emphasized the importance...

14.11.2025

Kazakh Foreign Minister received Ambassador of Austria

Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev received Ambassador of the Republic of Austria Andrea Bacher.

During the meeting, the parties exchanged views on the issues of bilateral partnership, stressing the importance of further comprehensive development of Kazakh‑Austrian relations in the political, economic, cultural and humanitarian spheres.

They...

Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev received Ambassador of the Republic of Austria Andrea Bacher.

During the meeting, the parties exchanged views on the issues of bilateral partnership, stressing the importance of further comprehensive development of Kazakh‑Austrian relations in the political, economic, cultural and humanitarian spheres.

They...

14.11.2025

Kazakhstan citizens move to regions where grass is greener

Kazakhstan citizens move more often from Almaty to the regions. 1.3 million people change their place of residence within the country in January to September 2025. This is 22.8% more than in the same period in 2024.

706.7 thousand Kazakhstan citizens move within their regions (+19.4%). 619.9 thousand people change their province (+27%).

Considering interregional migration, the most frequent destinations...

Kazakhstan citizens move more often from Almaty to the regions. 1.3 million people change their place of residence within the country in January to September 2025. This is 22.8% more than in the same period in 2024.

706.7 thousand Kazakhstan citizens move within their regions (+19.4%). 619.9 thousand people change their province (+27%).

Considering interregional migration, the most frequent destinations...

Finance and Investment

14.11.2025

Too many functions to introduce new fees for banks in Kazakhstan

The Head of the ARDFM expresses doubt about the need to introduce fees for banks for accessing databases. According to Madina Abylkassymova, Chair of the Agency for Regulation and Development of the Financial Market (ARDFM), many initiatives are currently coming from the Ministry of Artificial Intelligence and Digital Development that provide...

The Head of the ARDFM expresses doubt about the need to introduce fees for banks for accessing databases. According to Madina Abylkassymova, Chair of the Agency for Regulation and Development of the Financial Market (ARDFM), many initiatives are currently coming from the Ministry of Artificial Intelligence and Digital Development that provide...

14.11.2025

Kazakhstan’s financial sector enters AI era

Kazakhstan has been positioning itself as a regional leader in digital finance and artificial intelligence, as leading policymakers, regulators, and fintech innovators gathered in Almaty for the Central Asia Fintech Summit 2025 on Nov. 13–14 to discuss the innovative vision of the financial sector. 

The mission of the summit is to...

Kazakhstan has been positioning itself as a regional leader in digital finance and artificial intelligence, as leading policymakers, regulators, and fintech innovators gathered in Almaty for the Central Asia Fintech Summit 2025 on Nov. 13–14 to discuss the innovative vision of the financial sector. 

The mission of the summit is to...

14.11.2025

Kazakhstan State Digital Asset Fund launches by end of 2025

The launch of the state digital asset fund is expected by the end of this year. Timur Suleimenov, Head of the National Bank, says this during the Central Asia Fintech Summit.

He says that the state digital asset fund will operate on the basis of the National Investment Corporation. The launch is expected by...

The launch of the state digital asset fund is expected by the end of this year. Timur Suleimenov, Head of the National Bank, says this during the Central Asia Fintech Summit.

He says that the state digital asset fund will operate on the basis of the National Investment Corporation. The launch is expected by...

14.11.2025

Halyk Bank approaches one trillion tenge net profit

Halyk Bank's net profit totals 809.9 billion tenge at the end of the nine months of 2025. This is evident from the financial organization's report published on KASE.

The figure grows by 171.1 billion tenge, or 26.8%, year on year. Halyk Bank's net interest income is at the level of 968.3billion tenge , which is 22.3%, or 176.6 billion tenge, more than in...

Halyk Bank's net profit totals 809.9 billion tenge at the end of the nine months of 2025. This is evident from the financial organization's report published on KASE.

The figure grows by 171.1 billion tenge, or 26.8%, year on year. Halyk Bank's net interest income is at the level of 968.3billion tenge , which is 22.3%, or 176.6 billion tenge, more than in...

14.11.2025

Financial experts advise Kazakhstan citizens on escaping debt

Sultan Yelemesov, a blogger, qualified accountant, and auditor, shares advice on how to escape debt and be financially literate, even with loans. He encourages not being afraid of instalment plans and mortgages.

Yelemesov admits that he used to have a different attitude towards debt obligations. He believes that a financially literate Kazakhstan citizen...

Sultan Yelemesov, a blogger, qualified accountant, and auditor, shares advice on how to escape debt and be financially literate, even with loans. He encourages not being afraid of instalment plans and mortgages.

Yelemesov admits that he used to have a different attitude towards debt obligations. He believes that a financially literate Kazakhstan citizen...

14.11.2025

KMF loses 2.2 billion tenge profit after turning from MFO into bank

KMF Bank reports a net profit of 5.7 billion tenge for the nine months of 2025. The figure reduces by 28% year on year , according to the bank's financial report published on KASE.

Thus, the bank earns 8 billion tenge in January to September 2024 , when it is still a microfinance organization —the value reduces by more than 2.2 billion.

At the...

KMF Bank reports a net profit of 5.7 billion tenge for the nine months of 2025. The figure reduces by 28% year on year , according to the bank's financial report published on KASE.

Thus, the bank earns 8 billion tenge in January to September 2024 , when it is still a microfinance organization —the value reduces by more than 2.2 billion.

At the...

14.11.2025

Tenge continues to strengthen on Kazakhstan’s currency market

Average weighted       Trend,       Volume,      Trend,     Best     Best

Instrument rate, KZT      KZT      th.units    th.units      bid      ask

USDKZT_TOM    524.11    -0.47    271,654.01  +69,483.96   525.50   522.50

USDCNY_TOM    7.1000        -        564.00           -   7.1050   7.0972

EURKZT_TOM    607.98    +0.93      2,971.40   +2,619.48   609.11   606.91

EURUSD_TOM    1.1617  +0.0046        172.92      +72.92   1.1632   1.1580

RUBKZT_TOM    6.4932  +0.0221  3,906,337.02 +524,769.54   6.5199   6.4700

CNYKZT_TOM   73.7523  +0.0686     46,100.00  +29,291.00  73.8800  73.6010

USDCNY_SPT...

Average weighted       Trend,       Volume,      Trend,     Best     Best

Instrument rate, KZT      KZT      th.units    th.units      bid      ask

USDKZT_TOM    524.11    -0.47    271,654.01  +69,483.96   525.50   522.50

USDCNY_TOM    7.1000        -        564.00           -   7.1050   7.0972

EURKZT_TOM    607.98    +0.93      2,971.40   +2,619.48   609.11   606.91

EURUSD_TOM    1.1617  +0.0046        172.92      +72.92   1.1632   1.1580

RUBKZT_TOM    6.4932  +0.0221  3,906,337.02 +524,769.54   6.5199   6.4700

CNYKZT_TOM   73.7523  +0.0686     46,100.00  +29,291.00  73.8800  73.6010

USDCNY_SPT...

14.11.2025

KASE Index sheds another 0.18% to 7,000.02

By shares trading results on Kazakhstan Stock Exchange (KASE) on November 13, 2025, the KASE Index decreased by 12.63 points (0.18%) from 7,012.65 to 7,000.02.

The first deal fixed the index at 7,012.63. During the trades the maximum value made up 7,028.55, the minimum 6,976.39.

The volume of deals in shares included...

By shares trading results on Kazakhstan Stock Exchange (KASE) on November 13, 2025, the KASE Index decreased by 12.63 points (0.18%) from 7,012.65 to 7,000.02.

The first deal fixed the index at 7,012.63. During the trades the maximum value made up 7,028.55, the minimum 6,976.39.

The volume of deals in shares included...

Insurance and Risk Management

14.11.2025

Voluntary property insurance in Kazakhstan makes almost 70% of market premiums

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) presents an overview of the Kazakhstan general insurance market for the nine months of 2025.

The assets of general insurance companies (GICs) grow by 14.1% in January to September 2025 , against a modest growth of 1.1% a year earlier. The main factors are a higher...

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) presents an overview of the Kazakhstan general insurance market for the nine months of 2025.

The assets of general insurance companies (GICs) grow by 14.1% in January to September 2025 , against a modest growth of 1.1% a year earlier. The main factors are a higher...

Oil and Gas Sector

14.11.2025

CPC terminal completes work on single point mooring

The CPC-2 Single Point Mooring (SPM) is commissioned after replacing the hydro compensators of the external and internal floating hoses' piping systems, referencing the Caspian Pipeline Consortium (CPC) press service.

"Work on the CPC-2 Single Point Mooring at the CPC marine terminal is completed on 12 November 2025. The hydro compensators of...

The CPC-2 Single Point Mooring (SPM) is commissioned after replacing the hydro compensators of the external and internal floating hoses' piping systems, referencing the Caspian Pipeline Consortium (CPC) press service.

"Work on the CPC-2 Single Point Mooring at the CPC marine terminal is completed on 12 November 2025. The hydro compensators of...

14.11.2025

CPC cuts Kazakhstan oil exports due to Tengiz repair

The Caspian Pipeline Consortium (CPC) reduces Kazakhstan oil exports to 5.424 million tons in October 2025 from 6.043 million tons in September. Reuters reports this, citing industry sources.

The drop in Kazakhstan oil pumping in October is due to a 25% reduction in oil extraction at the Tengiz field compared to September because of repairs. Energy Minister Yerlan Akkenzhenov...

The Caspian Pipeline Consortium (CPC) reduces Kazakhstan oil exports to 5.424 million tons in October 2025 from 6.043 million tons in September. Reuters reports this, citing industry sources.

The drop in Kazakhstan oil pumping in October is due to a 25% reduction in oil extraction at the Tengiz field compared to September because of repairs. Energy Minister Yerlan Akkenzhenov...

14.11.2025

KazMunayGas studies possibility of buying Lukoil stake in Karachaganak

KazMunayGas is studying the possibility of acquiring Lukoil's Kazakhstani assets, which are subject to Western sanctions, citing two sources familiar with the matter.

Lukoil owns a stake in Karachaganak, one of the world's largest gas condensate fields, along with Eni, Shell, Chevron, and KazMunayGas. The decision on a new partnership is made...

KazMunayGas is studying the possibility of acquiring Lukoil's Kazakhstani assets, which are subject to Western sanctions, citing two sources familiar with the matter.

Lukoil owns a stake in Karachaganak, one of the world's largest gas condensate fields, along with Eni, Shell, Chevron, and KazMunayGas. The decision on a new partnership is made...

14.11.2025

Kazakhstan’s Kalamkas Khazar project not excluded from sanctions list

Kalamkas Khazar Operating LLP, which is 50% owned by Lukoil and 50% by KazMunayGas, remains on the sanctions list. "PACE's inquiry regarding Kalamkas Khazar Operating is answered, stating that an official application for the project's exclusion from the sanctions list has not been received at the current moment," the report says.

US sanctions against Lukoil and...

Kalamkas Khazar Operating LLP, which is 50% owned by Lukoil and 50% by KazMunayGas, remains on the sanctions list. "PACE's inquiry regarding Kalamkas Khazar Operating is answered, stating that an official application for the project's exclusion from the sanctions list has not been received at the current moment," the report says.

US sanctions against Lukoil and...

14.11.2025

Chevron earns $28 billion from Kazakhstan’s Tengiz field

The American oil and gas company Chevron will receive $28 billion in free cash flow (the amount of money the company generates after deducting all operating expenses and capital expenditures) from Tengiz, Kazakhstan's largest field, in 2025−2030. Rystad Energy forecasts this. This field is the most significant in terms of revenue for Chevron and the...

The American oil and gas company Chevron will receive $28 billion in free cash flow (the amount of money the company generates after deducting all operating expenses and capital expenditures) from Tengiz, Kazakhstan's largest field, in 2025−2030. Rystad Energy forecasts this. This field is the most significant in terms of revenue for Chevron and the...

14.11.2025

Kazakhstan oil extraction in 2026 totals about 90 million tons

Oil extraction in Kazakhstan totals 90 million tons in 2026. Energy Minister Yerlan Akkenzhenov announces this forecast.

"We have not finalized it [the oil extraction forecast for Kazakhstan for next year] yet, but it will be about 90 million [tons]," the minister is quoted as saying.

The Republic's Ministry of Energy previously forecasts extraction at 96.2 million tons...

Oil extraction in Kazakhstan totals 90 million tons in 2026. Energy Minister Yerlan Akkenzhenov announces this forecast.

"We have not finalized it [the oil extraction forecast for Kazakhstan for next year] yet, but it will be about 90 million [tons]," the minister is quoted as saying.

The Republic's Ministry of Energy previously forecasts extraction at 96.2 million tons...

14.11.2025

Russia, Kazakhstan agree to strengthen oil cooperation, discuss gas transit to third countries

Russia and Kazakhstan agree to strengthen cooperation in oil and petroleum products, and discuss in detail gas supplies to Kazakhstan and gas transit to third countries, President of Kazakhstan Kassym Jomart Tokayev announces following talks with his Russian counterpart Vladimir Putin.

"We agree to strengthen the partnership in the extraction, transportation,...

Russia and Kazakhstan agree to strengthen cooperation in oil and petroleum products, and discuss in detail gas supplies to Kazakhstan and gas transit to third countries, President of Kazakhstan Kassym Jomart Tokayev announces following talks with his Russian counterpart Vladimir Putin.

"We agree to strengthen the partnership in the extraction, transportation,...

14.11.2025

OPEC+ countries reduce daily oil production by 400,000 barrels in October

Although Kazakhstan and its fellow OPEC+ adherents participating in the agreement to reduce oil production decreased their average daily oil production by 400,000 barrels in October 2025, taking into account voluntary restrictions and compensation volumes, they exceeded the plan by approximately 470,000 barrels, according to the International Energy Agency (IEA).

According to...

Although Kazakhstan and its fellow OPEC+ adherents participating in the agreement to reduce oil production decreased their average daily oil production by 400,000 barrels in October 2025, taking into account voluntary restrictions and compensation volumes, they exceeded the plan by approximately 470,000 barrels, according to the International Energy Agency (IEA).

According to...

14.11.2025

Kazakhstan’s uranium reserves for nuclear power plants enough for more than 60 years

Kazakhstan's uranium reserves are sufficient to meet the needs of nuclear power plants for decades to come. Gumar Sergazin, Deputy Chairman of the Agency for Atomic Energy of the Republic of Kazakhstan, states this at a Senate briefing.

Natural uranium reserves in Kazakhstan are about 1 million tons now.

"The uranium reserve we have...

Kazakhstan's uranium reserves are sufficient to meet the needs of nuclear power plants for decades to come. Gumar Sergazin, Deputy Chairman of the Agency for Atomic Energy of the Republic of Kazakhstan, states this at a Senate briefing.

Natural uranium reserves in Kazakhstan are about 1 million tons now.

"The uranium reserve we have...

Metals and Minerals

14.11.2025

East Star Resources, Endeavour Mining form partnership for gold exploration in Kazakhstan

East Star Resources Plc, a Kazakhstan-focused gold and base metals explorer, is pleased to announce that it has entered into a binding Earn-In and Joint Venture Agreement with Endeavour Exploration Limited, a subsidiary of Endeavour Mining Plc, one of the world's leading gold producers.

The Agreement establishes a joint venture between East...

East Star Resources Plc, a Kazakhstan-focused gold and base metals explorer, is pleased to announce that it has entered into a binding Earn-In and Joint Venture Agreement with Endeavour Exploration Limited, a subsidiary of Endeavour Mining Plc, one of the world's leading gold producers.

The Agreement establishes a joint venture between East...

Energy Industry

14.11.2025

New pipe launched at controversial Petropavl CHPP-2

A new smoke stack is launched at Petropavl CHPP-2, the Ministry of Energy reports. It is constructed by SEVKAZENERGO, which belongs to businessmen Alexander Klebanov and Sergey Kan. The old smoke stack collapses at the facility three years ago, killing an employee.

SEVKAZENERGO owns Petropavl CHPP-2. In addition to installing a new smoke stack,...

A new smoke stack is launched at Petropavl CHPP-2, the Ministry of Energy reports. It is constructed by SEVKAZENERGO, which belongs to businessmen Alexander Klebanov and Sergey Kan. The old smoke stack collapses at the facility three years ago, killing an employee.

SEVKAZENERGO owns Petropavl CHPP-2. In addition to installing a new smoke stack,...

Manufacturing industry

14.11.2025

Kazakhstan and China advance USD 200m cement plant project in Aktobe region

Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan Gabidulla Ospankulov held a meeting with representatives of QazCement Industries and the Chinese corporation Sinoma Cement Co., Ltd., part of China National Building Material Group (CNBM).

The parties discussed the progress of the investment project...

Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan Gabidulla Ospankulov held a meeting with representatives of QazCement Industries and the Chinese corporation Sinoma Cement Co., Ltd., part of China National Building Material Group (CNBM).

The parties discussed the progress of the investment project...

14.11.2025

Five new factories planned in Kazakhstan’s Akmola region

An investment project for the construction of eight new brick factories is implemented in the Akmola region. Five of them are planned to launch this year, Marat Akhmetzhanov, the region's mayor, reports at a press conference at the CCS.

The Akmola region remains one of the country's manufacturing centres: 40% of all construction brick production...

An investment project for the construction of eight new brick factories is implemented in the Akmola region. Five of them are planned to launch this year, Marat Akhmetzhanov, the region's mayor, reports at a press conference at the CCS.

The Akmola region remains one of the country's manufacturing centres: 40% of all construction brick production...

14.11.2025

Kazakhstan approves use of hemp in textiles, paper

Kazakhstan approves the rules for the industrial processing of hemp (cannabis). According to the government resolution, the rules regulate which sectors can use cannabis. Enterprises that process hemp will receive the plant's stems in batches.

"A batch is considered any amount of cannabis stems of one variety of the hemp plant, permitted for...

Kazakhstan approves the rules for the industrial processing of hemp (cannabis). According to the government resolution, the rules regulate which sectors can use cannabis. Enterprises that process hemp will receive the plant's stems in batches.

"A batch is considered any amount of cannabis stems of one variety of the hemp plant, permitted for...

14.11.2025

Aidyn Rakhimbayev company increases profit by tens of billions

BI Development holding company's net profit totals 81.9 billion tenge at the end of the nine months of 2025. This is reported in the company's unaudited report published on KASE.

The indicator is 80.1%, or 36.4 billion tenge, higher than the value at the end of January to September 2024.

In addition, BI Development's revenue grows by 35%, or 123.4 billion...

BI Development holding company's net profit totals 81.9 billion tenge at the end of the nine months of 2025. This is reported in the company's unaudited report published on KASE.

The indicator is 80.1%, or 36.4 billion tenge, higher than the value at the end of January to September 2024.

In addition, BI Development's revenue grows by 35%, or 123.4 billion...

Trade and Consumer Goods

14.11.2025

Kazakhstan domestic trade for 10 months 2025 pushed up despite real wage reduction

The trade sector shows the maximum growth rate this year at the end of October 2025. This is mainly provided by wholesale trade , where non food products and industrial goods dominate. Retail trade also shows an acceleration in growth rates , despite a reduction in real household incomes and a slowdown in consumer...

The trade sector shows the maximum growth rate this year at the end of October 2025. This is mainly provided by wholesale trade , where non food products and industrial goods dominate. Retail trade also shows an acceleration in growth rates , despite a reduction in real household incomes and a slowdown in consumer...

Agriculture

14.11.2025

Farmers find cause for concern as heat, drought intensify in Kazakhstan

The climate in Kazakhstan continues to change rapidly as 2024 ranks as the sixth warmest year for the entire observation period since 1941. According to the annual climate bulletin of Kazhydromet, the average temperature across the country is +1.72°C above normal.

The average annual temperature is +1.72°C above the climatic norm, and extreme deviations of...

The climate in Kazakhstan continues to change rapidly as 2024 ranks as the sixth warmest year for the entire observation period since 1941. According to the annual climate bulletin of Kazhydromet, the average temperature across the country is +1.72°C above normal.

The average annual temperature is +1.72°C above the climatic norm, and extreme deviations of...

14.11.2025

Carrots, cabbage get cheaper, chicken, oil get more expensive in Kazakhstan

Seven socially significant food products reduce in price in Kazakhstan over the week. Overall, the prices for socially significant food products (SZFPs) increase by 0.1% in the period from 4 to 11 November.

This includes chicken increasing in price by 0.6%, sunflower oil by 0.4%, buckwheat, kefir, and eggs by 0.3%, and milk and potatoes by 0.2%.

However, data...

Seven socially significant food products reduce in price in Kazakhstan over the week. Overall, the prices for socially significant food products (SZFPs) increase by 0.1% in the period from 4 to 11 November.

This includes chicken increasing in price by 0.6%, sunflower oil by 0.4%, buckwheat, kefir, and eggs by 0.3%, and milk and potatoes by 0.2%.

However, data...

14.11.2025

Kazakhstan poultry farms produce 307 thousand tons of poultry meat in ten months

Kazakhstan citizens are 79% self sufficient in poultry meat now. The indicator increases by 21% in five years. Kazakhstan poultry farms produce 307 thousand tons of poultry meat in the ten months of this year, which is 3.5% more than in the same period last year, citing the Ministry of Agriculture press service.

According to the Ministry of Agriculture, 37 egg laying poultry...

Kazakhstan citizens are 79% self sufficient in poultry meat now. The indicator increases by 21% in five years. Kazakhstan poultry farms produce 307 thousand tons of poultry meat in the ten months of this year, which is 3.5% more than in the same period last year, citing the Ministry of Agriculture press service.

According to the Ministry of Agriculture, 37 egg laying poultry...

14.11.2025

Kazakhstan’s Akmola region harvests over 7.6 mln tons of grain

Farmers in the Akmola region have harvested over 7.6 million tons of grain this year. The harvested area grew by 300,000 ha, reaching a total of 5.5 million ha, Marat Akhmetzhanov, governor of the region, reported.

The official emphasized the region’s key role in ensuring Kazakhstan’s food security.

“Moreover, the region holds...

Farmers in the Akmola region have harvested over 7.6 million tons of grain this year. The harvested area grew by 300,000 ha, reaching a total of 5.5 million ha, Marat Akhmetzhanov, governor of the region, reported.

The official emphasized the region’s key role in ensuring Kazakhstan’s food security.

“Moreover, the region holds...

Communications and Transportation

14.11.2025

62 million trips secured by toll roads in Kazakhstan since early 2025

Motorists make over 62 million trips on toll roads in Kazakhstan since the beginning of 2025, QazAvtoJol reports. The national company believes that these figures indicate a growing demand for modern transport arteries and confirm that roads in Kazakhstan are becoming an important factor in regional economic development.

The largest number of passages is...

Motorists make over 62 million trips on toll roads in Kazakhstan since the beginning of 2025, QazAvtoJol reports. The national company believes that these figures indicate a growing demand for modern transport arteries and confirm that roads in Kazakhstan are becoming an important factor in regional economic development.

The largest number of passages is...

14.11.2025

Vehicle traffic resumes on highways in two Kazakhstan regions

Vehicle traffic resumes on highways in two regions of Kazakhstan, Kazinform reports, citing QazAvtoJol. The renewal becomes possible after improved weather conditions, which previously cause traffic restrictions.

Two sections of the republican road network are open now. Movement is allowed in the Akmola region on the stretch from the Zhibek Zholy checkpoint to...

Vehicle traffic resumes on highways in two regions of Kazakhstan, Kazinform reports, citing QazAvtoJol. The renewal becomes possible after improved weather conditions, which previously cause traffic restrictions.

Two sections of the republican road network are open now. Movement is allowed in the Akmola region on the stretch from the Zhibek Zholy checkpoint to...

14.11.2025

Anatau ski cluster created in Ridder

Preparations are underway for the implementation of a large scale tourism project in Ridder—the Anatau ski cluster. The new complex combines skiing areas, extreme recreation, and year round tourism. The concept is being developed by the Swiss company Bartholet Maschinenbau AG jointly with the mayor and specialized departments of the East Kazakhstan region, Kanibek...

Preparations are underway for the implementation of a large scale tourism project in Ridder—the Anatau ski cluster. The new complex combines skiing areas, extreme recreation, and year round tourism. The concept is being developed by the Swiss company Bartholet Maschinenbau AG jointly with the mayor and specialized departments of the East Kazakhstan region, Kanibek...

14.11.2025

Truckers face multi-day queues at border post with China

Drivers have reached out with complaints about long delays at the Nur Joly customs checkpoint.

They report that perishable goods are being sent for manual inspection despite cold weather.

Trucks carrying fruit for Uzbekistan and Tajikistan have been stuck at the border for several days,drivers said, noting that the delays lead to...

Drivers have reached out with complaints about long delays at the Nur Joly customs checkpoint.

They report that perishable goods are being sent for manual inspection despite cold weather.

Trucks carrying fruit for Uzbekistan and Tajikistan have been stuck at the border for several days,drivers said, noting that the delays lead to...

14.11.2025

Kcell wants to participate in unified QR system

Kcell mobile operator wants to connect to the unified QR system and direct payments without electronic money. Sergey Koptik, Head of Mobile Digital Financial Services at the company, states this at the Central Asia Fintech Summit 2025.

"We, like other mobile operators, have been organically integrating our payment solutions into our telecom products...

Kcell mobile operator wants to connect to the unified QR system and direct payments without electronic money. Sergey Koptik, Head of Mobile Digital Financial Services at the company, states this at the Central Asia Fintech Summit 2025.

"We, like other mobile operators, have been organically integrating our payment solutions into our telecom products...

14.11.2025

Beeline Kazakhstan revenue grows 6.7% in third quarter 2025

VEON Ltd., a global digital operator providing converged communication services and online services, announces unaudited financial and operating results for the third quarter ended 30 September 2025. VEON's revenue grows by 7.5%year on year, and the EBITDA indicator increases by 19.7%. Total revenue for the quarter reaches $1.115 billion. The company says that these figures are driven...

VEON Ltd., a global digital operator providing converged communication services and online services, announces unaudited financial and operating results for the third quarter ended 30 September 2025. VEON's revenue grows by 7.5%year on year, and the EBITDA indicator increases by 19.7%. Total revenue for the quarter reaches $1.115 billion. The company says that these figures are driven...

14.11.2025

Kazakhstan expands access to public services through push button phones

Dmitry, Vice Minister of Artificial Intelligence and Digital Development, discusses the expansion of the range of services on push button phones within the framework of the draft Digital Code.

Kenzhegul Seitjan, a Member of Parliament, asks whether analog technologies will continue to be adapted within the framework of the code so...

Dmitry, Vice Minister of Artificial Intelligence and Digital Development, discusses the expansion of the range of services on push button phones within the framework of the draft Digital Code.

Kenzhegul Seitjan, a Member of Parliament, asks whether analog technologies will continue to be adapted within the framework of the code so...

Real Estate and Construction

14.11.2025

Mortgage credit products in Kazakhstan market identified, valued

Mortgages always play a key role in providing housing to the population. For example, according to the US National Association of Realtors, 52% of first time home buyers in the US use a conventional bank loan for financing , 29% use a Federal Housing Administration (FHA) insured mortgage , and 9% use Veterans Affairs (VA) loans. Thus, nine out of...

Mortgages always play a key role in providing housing to the population. For example, according to the US National Association of Realtors, 52% of first time home buyers in the US use a conventional bank loan for financing , 29% use a Federal Housing Administration (FHA) insured mortgage , and 9% use Veterans Affairs (VA) loans. Thus, nine out of...

Pharmaceutical and Healthcare News

14.11.2025

Kazakhstan builds 38 new healthcare facilities in Akmola region

38 new healthcare facilities – outpatient clinics and paramedical and midwifery stations – have been built in Akmola region under the Rural Healthcare Modernization national project, Governor Marat Akhmetzhanov announced.

According to him, more than 130,000 residents of Akmola region can see doctors at their place of residence, without having to...

38 new healthcare facilities – outpatient clinics and paramedical and midwifery stations – have been built in Akmola region under the Rural Healthcare Modernization national project, Governor Marat Akhmetzhanov announced.

According to him, more than 130,000 residents of Akmola region can see doctors at their place of residence, without having to...

Regional News

14.11.2025

CIS drafts plan for joint ship building, maritime transportation policy chain, focus on Caspian

A cooperation agreement between members of the Commonwealth of Independent States (CIS) on the development of civilian shipbuilding and production of ship outfitting equipment has gone into effect, the CIS Executive Committee has reported.

The CIS includes Russia along with Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Of these,...

A cooperation agreement between members of the Commonwealth of Independent States (CIS) on the development of civilian shipbuilding and production of ship outfitting equipment has gone into effect, the CIS Executive Committee has reported.

The CIS includes Russia along with Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Of these,...

14.11.2025

Gold miners push Russia’s stock market up

The market moderately increases today, recovering losses. The Moscow Exchange index increases by 0.03% to 2,537points by 14:30 and continues consolidation in the 2,500−2,600 points range. "Consolidation above the 2,570 level will signal the continuation of the local upward trend. If the index fails to pass this mark, sideways movement is likely until new drivers emerge," reports Magomed Magomedov, an analyst...

The market moderately increases today, recovering losses. The Moscow Exchange index increases by 0.03% to 2,537points by 14:30 and continues consolidation in the 2,500−2,600 points range. "Consolidation above the 2,570 level will signal the continuation of the local upward trend. If the index fails to pass this mark, sideways movement is likely until new drivers emerge," reports Magomed Magomedov, an analyst...

14.11.2025

Rouble faces gradual devaluation by end of this year or early next year

The Russian rouble becomes the most successful currency of 2025. Kirill Dmitriev, Special Representative of the President of the Russian Federation and General Director of the Russian Direct Investment Fund (RDIF), states this in his address following the third day of negotiations in the US. "The rouble, among other things, strengthens...

The Russian rouble becomes the most successful currency of 2025. Kirill Dmitriev, Special Representative of the President of the Russian Federation and General Director of the Russian Direct Investment Fund (RDIF), states this in his address following the third day of negotiations in the US. "The rouble, among other things, strengthens...

14.11.2025

Russia oil export revenues fall $380 million in October due to new sanctions, price reduction

Russia's revenues from oil and petroleum products export total $13.13 billion in October, which is $380 million less than in September and $2.31 billion less than a year earlier, according to the International Energy Agency (IEA) monthly report.

The physical volume of exports reduces by 150 thousand barrels per day (b/d) compared to September—to 7.35 million b/d (down 80 thousand b/d compared to...

Russia's revenues from oil and petroleum products export total $13.13 billion in October, which is $380 million less than in September and $2.31 billion less than a year earlier, according to the International Energy Agency (IEA) monthly report.

The physical volume of exports reduces by 150 thousand barrels per day (b/d) compared to September—to 7.35 million b/d (down 80 thousand b/d compared to...

14.11.2025

Russia fulfils borrowing plan 103%

The Ministry of Finance places a record volume of OFZ on 12 November—totalling about 1.9 trillion roubles, with a total demand of 3.44 trillion roubles. This is made possible by placing two issues of OFZ with variable yield (floaters), in which large banks show interest. As a result, the Ministry of Finance already overfulfils the borrowing...

The Ministry of Finance places a record volume of OFZ on 12 November—totalling about 1.9 trillion roubles, with a total demand of 3.44 trillion roubles. This is made possible by placing two issues of OFZ with variable yield (floaters), in which large banks show interest. As a result, the Ministry of Finance already overfulfils the borrowing...

14.11.2025

China currency trade in Russia reaches record 2.5 trillion rouble

The volume of yuan exchange trading totals over 2.5 trillion rouble at the end of October for the first time in 2025. The figure increases by almost 15% compared to September and by more than 40% year on year. Exporters actively sell the currency amid tightening sanctions, while import companies and citizens buy yuan just as actively for...

The volume of yuan exchange trading totals over 2.5 trillion rouble at the end of October for the first time in 2025. The figure increases by almost 15% compared to September and by more than 40% year on year. Exporters actively sell the currency amid tightening sanctions, while import companies and citizens buy yuan just as actively for...

14.11.2025

Trading on China stock exchanges ends with quotation growth

Trading on China stock exchanges ends today with quotation growth. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increases by 0.73% compared to the results of the previous trading day, reaching 4,029.5 points.

The Shenzhen Component index, which is an indicator of business activity on the Shenzhen trading floor, increases by 1.78% to 13,476.52 points.

According to...

Trading on China stock exchanges ends today with quotation growth. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increases by 0.73% compared to the results of the previous trading day, reaching 4,029.5 points.

The Shenzhen Component index, which is an indicator of business activity on the Shenzhen trading floor, increases by 1.78% to 13,476.52 points.

According to...

14.11.2025

China facilitates access to its market for more high quality goods, services

China takes further steps to significantly facilitate access to its market for more high quality products and services from a greater number of countries worldwide, the Ministry of Commerce of the PRC reports on Thursday.

He Yadong, the ministry's official representative, says at a regular departmental press conference that China details...

China takes further steps to significantly facilitate access to its market for more high quality products and services from a greater number of countries worldwide, the Ministry of Commerce of the PRC reports on Thursday.

He Yadong, the ministry's official representative, says at a regular departmental press conference that China details...

14.11.2025

North China international land port services over 1,000 China Europe trains since early 2025

A China Europe freight train, loaded with auto parts, household appliances, and other goods, departs from the Shijiazhuang International Land Port in the Hebei province (North China) to Moscow on Wednesday. This is the 1,033rd such railway composition to depart from the land port since the beginning of 2025.

The Hebei Daily reports...

A China Europe freight train, loaded with auto parts, household appliances, and other goods, departs from the Shijiazhuang International Land Port in the Hebei province (North China) to Moscow on Wednesday. This is the 1,033rd such railway composition to depart from the land port since the beginning of 2025.

The Hebei Daily reports...

14.11.2025

China promotes early entry into force of China ASEAN Free Trade Area Upgrade Protocol 

The Ministry of Commerce of the PRC is currently making efforts to accelerate the internal ratification of the Protocol on Upgrading the China ASEAN Free Trade Area to Version 3.0 to work jointly with the Association of Southeast Asian Nations (ASEAN) on its early entry into force.

He Yadong, the official representative of...

The Ministry of Commerce of the PRC is currently making efforts to accelerate the internal ratification of the Protocol on Upgrading the China ASEAN Free Trade Area to Version 3.0 to work jointly with the Association of Southeast Asian Nations (ASEAN) on its early entry into force.

He Yadong, the official representative of...

Prices and Statistics

14.11.2025

Commodities

Date: November 14, 2025; Source: Bloomberg.com
...

Date: November 14, 2025; Source: Bloomberg.com

14.11.2025

Exchange Rates

Date: November 14, 2025; Source: the National Bank of Kazakhstan
1 US DOLLAR USD / KZT 524.32
1 EURO EUR / KZT 609.05
1 RUSSIAN ROUBLE RUB / KZT 6.52
1 CHINESE YUAN CNY / KZT 73.88
1 KYRGYZIAN SOM KGS / KZT 6
1 GREAT BRITAIN POUND GBP / KZT 689.85
1 CANADIAN DOLLAR CAD / KZT 374.67
1 AUSTRALIAN DOLLAR AUD / KZT 344.37
...

Date: November 14, 2025; Source: the National Bank of Kazakhstan

1 US DOLLAR

USD / KZT

524.32

1 EURO

EUR / KZT

609.05

1 RUSSIAN ROUBLE

RUB / KZT

6.52

1 CHINESE YUAN

CNY / KZT

73.88

1 KYRGYZIAN SOM

KGS / KZT

6

1 GREAT BRITAIN POUND

GBP / KZT

689.85

1 CANADIAN DOLLAR

CAD / KZT

374.67

1 AUSTRALIAN DOLLAR

AUD / KZT

344.37