China puts weight behind AIFC and Kazakh plans for regional financial hub

Kazakhstan’s ambitions to establish the Astana International Financial Centre’s (AIFC) as a banking and investment hub…

Odds on Trans Caspian pipeline shorten as littoral states settle their differences

After nearly 30 years of haggling over the legal status of the Caspian Sea, its five…

Fruit and veg rots on Kyrgyz-Kazakh border as EEU threatens to unravel

Hundreds of tons of vegetables and fruit that have been piling up at customs posts on…

Astana prepares to ditch Cyrillic alphabet in move to loosen ties with Moscow

  Kazakhstan is to change its official alphabet for the third time in less than 100 years…

Detente between Tashkent and Astana paves way for $5bn gas deal with China

Kazakhstan is to start exporting natural gas to China for the first time this month after KazTransGas…

Halyk Bank swallows up rival as consolidation of Kazakh banking sector begins

In a move that the authorities in Astana hope will help stabilise Kazakhstan’s banking sector,  the…

International consortium signs up to super-deep Caspian drilling project

An international consortium involving  Chinese, Italian, Californian, Azeri and  Kazakh companies has agreed to drill for…

Nazarbayev and Xi “open new page” in relations with $8bn investment package

The Kazakh and Chinese Presidents Nursultan Nazarbayev and Xi Jinping yesterday  gave their blessing to representatives…

NASDAQ and Shanghai exchange get into bed with Astana

Nasdaq has been selected to power Kazakhstan’s new AIFC Exchange and, along with the Shanghai Stock…

Kashagan revenues come on stream with 2017 production set to double

After years of delay, Kazakhstan’s giant Kashagan oil field  is finally delivering on its promise, with…

EEU doomed, predicts Bzhezinsky

The Eurasian Economic Union (EEU) will be dead and buried within in ten years or as…

Governor looks to position AIFC as centre for Islamic banking in CIS

Kazakhstan is planning to promote its new Astana International Financial Centre (AIFC) as a leading regional platform…

Nurly Zhol and structural reforms set to boost Kazakh growth to 2.5% – IMF

A combination of targeted fiscal support, exchange rate adjustment, strengthened domestic liquidity management and structural reforms…

Air Astana, Kazatomprom and KazMunayGaz to kick off Kazakh privatisation programme

Kazakh privatisation programme: A significant proportion of the Kazakh government’s stakes in KazMunayGas, Air Astana and Kazakhtelecom  operator…

Kazakhstan to increase Silk Road container capacity tenfold by 2020

Kazakhstan has signed up to increase the volume of container shipments that it processes  on the…

Astana to auction 60 Kazakh oilfields

Kazakh oilfields:  Astana is planning to put more than  60 potential oil and gas  fields up for…

Nazarbayeva moves up succession line as Dad moves to quell rural unrest

Following last week’s removal  of Prime Minister Karim Massimov, Kazakhstan’s  President Nursultan Nazarbayev yesterday announced that his daughter…

Chinese investors lead surge as Kazakh FDI on course to hit $10bn for 2016

Kazakh FDI: With some $24bn of Chinese project investment in the pipeline over the coming years.…

Shariya Review Bureau to help Zaman roll Islamic banking across CIS

Islamic banking in CIS: Kazakhstan’s  Zaman Bank has appointed the Shariyah Review Bureau (SRB) to help roll out…

Klebanov rationalises shareholding in readiness for Kazakhtelecom IPO

Kazakhtelecom IPO: In a move  that should  pave the way for the flotation of Kazakhstan’s largest telecommunications…

Silk Road Fund eyes up Glencore’s Kazakh mine in Chinese gold rush

China’s state-backed  $40bn Silk Road Fund has teamed up with the  China National Gold Group Corporation to  explore…

Chevron bucks market to invest $37bn in Kazakhstan’s Tengiz oil field

  Chevron affiliate Tengizchevroil (TCO)  is to go ahead with  the development of its Future Growth and Wellhead…

Khorgos – Eastern Gate SEZ operational in months

The Khorgos – Eastern Gate SEZ, the massive logistics and industrial zone on Kazakhstan’s border with China,…

Turkic Council draws up proposals for common customs procedures

The member states  of the Turkic Council — Azerbaijan, Kazakhstan, Kyrgyzstan, and Turkey  – are in…