Finance and Investment

15.11.2018

Kazakhstan posts 4.1% economic growth in 10 months of 2018

Kazakhstan’s gross domestic product (GDP) grew 4.1 percent in a ten-month period, reported Minister of National Economy Timur Suleimenov at the Nov. 13 government meeting. Overall, the economy has maintained a positive growth trend.

“The high investment activity, a slowdown in inflation processes and an increase in production in the basic...

Kazakhstan’s gross domestic product (GDP) grew 4.1 percent in a ten-month period, reported Minister of National Economy Timur Suleimenov at the Nov. 13 government meeting. Overall, the economy has maintained a positive growth trend.

“The high investment activity, a slowdown in inflation processes and an increase in production in the basic...

15.11.2018

EAEU finances Kazakhstani projects for $864 million in H1 2018

Foreign trade between countries has started its increase. For the first time, Kazakhstan’s trade with EAEU countries has broken downward dynamics in 2017. As a result of last year, the trade turnover of Kazakhstan with the Union countries amounted to $17.8 billion, having increased by 28.9%.

In 8 months of 2018,...

Foreign trade between countries has started its increase. For the first time, Kazakhstan’s trade with EAEU countries has broken downward dynamics in 2017. As a result of last year, the trade turnover of Kazakhstan with the Union countries amounted to $17.8 billion, having increased by 28.9%.

In 8 months of 2018,...

15.11.2018

World Bank vows to continue cooperation with Kazakhstan

Minister of National Economy Timur Suleimenov and Vice President of the World Bank Cyril Muller signed the Protocol of Amendments to the Framework Agreement on Partnership.

Timur Suleimenov said that signing the Protocol is important for financial sector of our economy. The Framework Partnership Agreement with the WB was signed...

Minister of National Economy Timur Suleimenov and Vice President of the World Bank Cyril Muller signed the Protocol of Amendments to the Framework Agreement on Partnership.

Timur Suleimenov said that signing the Protocol is important for financial sector of our economy. The Framework Partnership Agreement with the WB was signed...

15.11.2018

Up to 100 companies expected to be registered in AIFC by year end

The governor of the Astana International Financial Center (AIFC), Kairat Kelimbetov, expects about 100 companies to be registered in the AIFC jurisdiction by the end of 2018, and the next year their number will rise to 250, Kazpravda.kz correspondent quotes him as saying at a press conference in Astana.

Kelimbetov also...

The governor of the Astana International Financial Center (AIFC), Kairat Kelimbetov, expects about 100 companies to be registered in the AIFC jurisdiction by the end of 2018, and the next year their number will rise to 250, Kazpravda.kz correspondent quotes him as saying at a press conference in Astana.

Kelimbetov also...

15.11.2018

Singapore and Kazahkstan sign deal on fintech innovations

While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest.

The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) have signed a tripartite Cooperation Agreement. The tripartriate agreement provides a framework...

While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest.

The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) have signed a tripartite Cooperation Agreement. The tripartriate agreement provides a framework...


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