Finance and investments

Presidents of Kazakhstan and Uzbekistan hold private talks

The official welcoming ceremony took place at the Akorda Palace with the Honor Guard Company Chief giving a welcoming report to the Kazakh and Uzbek President and performance of the State anthems. 

Prime Minister Reaffirms Kazakhstan’s Commitment to Reach Carbon Neutrality Targets by 2060 as Part of COP26 Goals

It is reported that 22 projects with a total capacity of 450 megawatts will be put into operation by the end of 2021. 

The AIFC Green Finance Centre intends to enter the Russian green bond issuers market

Having presented in detail the work of the Centre, including the development of a taxonomy according to the green finance standards, the provision of services for the verification of sustainable financing projects, A. Kazybayev made several proposals on possible prospects for cooperation.

Kazakhstan Attracts Over US$370 Billion in FDI Since Independence

Kazakhstan sees an increase in the inflow of foreign direct investment.

Kazakhstan increases petroleum oil exports to France

Kazakhstan’s exported 2.8 million tons of petroleum oils and oils obtained from bituminous minerals worth 1.1 billion euros to France over the period from January through June 2021.

Kazakh Airline Air Astana Considers IPO Next Year

The company has approached banks, although talks are still at an early stage for a share sale, the people said.  

The AIFC Green Finance Centre announced new trends in ESG financing

Over the past year alone, with the assistance of the Centre, Kazakhstan financial institutions have issued a total of seven green and social bonds, as well as a green loan. 

Kazakh President signs Law On 2022-2024 Republican budget

The text of the law is published in the press.

AIFC develops cooperation of Central Asian financial regulators

The Joint statement underlined the importance of joint development of the financial system and attraction of investment to the region. 

Kazakh Ministry of National Economy Develops Concept For New Investment Policy Until 2025

A new investment cycle will be created and the investment attraction policy taking into account new trends caused by the pandemic will also be revised.

Samruk-Kazyna Fund Companies share IPO readiness and preparation plans with AIFC officials

The top management of the companies targeting IPOs in the short term, including Air Astana, KazMunayGas and KazTransGas, reported on the status of their respective preparation and placement plans.

AIFC took part in the Kazakhstan Trade and Investment Forum at the Dubai World Expo 2020

The panel session "Invest in Kazakhstan: Discussing Investment Opportunities" of the forum was attended by representatives of the AIFC, the Ministry of Foreign Affairs of the Republic of Kazakhstan, "NC "Kazakh Invest" JSC, “Baiterek” NMH JSC, and others. 

Kazakhstan plans to model new ETS on EU’s scheme, say lawmakers

Last year, Kazakhstan set itself an ambitious goal of reducing carbon emissions by 15% by 2030 and reaching carbon neutrality by 2060.

UAE and Kazakhstan to expand trade ties in renewable energy

The UAE-Kazakhstan bilateral relationship began since the establishment of diplomatic relations 29 years ago. 

Fitch Affirms Kazakhstan's SWF Samruk-Kazyna at 'BBB'; Outlook Stable

SK is a mission-driven institution that benefits from the special legal status of national management holding, as stipulated by national legislation. 

Investments to Kazakhstan May Rebound to Pre-Pandemic Levels Next Year.

Foreign direct investments in the country are going to reach $20 billion this year.

Post COP26: Kazakhstan Proposes An Emerging Market Model For The Green Energy Transition

Kazakhstan has vowed to reach carbon neutrality by 2060

Kazakhstan to Introduce Institute of the Ombudsperson to Protect Consumer Rights

The ombudsperson will directly report systemic violations of the rights of citizens to top government officials.

EU and Kazakhstan leaders meet to discuss future cooperation

The President of Kazakhstan, Kassym-Jomart Tokayev, will continue his visit to Brussels with further meetings with EU leaders.

National Payment System to Foster Easier Access to Financial Markets, Pave Way For Digital Tenge

The pilot project is expected to be launched in December.

Halyk Bank was the first among the STBs of Kazakhstan to start providing a green loan, confirmed by an independent assessment of the AIFC Green Finance Centre

The company is implementing a project for the construction of a 5 MW bioelectric power plant in the Karaganda region, Zhezkazgan, Kengir village, verified by an independent party - the AIFC Green Finance Centre.

Troubled by supply chain woes, German firms diversify and relocate – DIHK

Shortages of semiconductors and other industrial components are threatening to bring Germany's economic recovery to a standstill, forcing executives to re-think supply lines and try to reduce reliance on a handful of Asian and U.S. suppliers.

India stocks higher at close of trade; Nifty 50 up 0.50%

At the close in NSE, the Nifty 50 added 0.50%, while the BSE Sensex 30 index gained 0.34%.

Dollar Edges Lower; Remains Near Over Four Year High Versus Yen

The Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 96.442, just off levels last seen in June 2020.

Amazon and Apple handed $225 million Italian fine for alleged collusion

Apple denied any wrongdoing and said it plans to appeal against the fine.

World media leaders discuss challenges, opportunities in pandemic world

The fourth World Media Summit (WMS), hosted by China's Xinhua News Agency, focused on the theme of "Media Growth Strategy under the Impact of COVID-19."

4th WMS issues joint statement

Representatives from over 240 media outlets across the globe attended the event in Beijing either by person or online.

Media must fight disinformation amid global pandemic: TASS editor-in-chief

The editor-in-chief also said new technologies would undoubtedly have an impact on the development of media.

Xi sends congratulatory letter to fourth World Media Summit

The event was hosted by Xinhua News Agency under the theme of "Media Growth Strategy under the Impact of COVID-19."

VNA General Director delivers speech at 4th World Media Summit

General Director of the Vietnam News Agency (VNA) Vu Viet Trang attended and delivered a speech at the 4th World Media Summit (WMS) which was held via videoconference on November 22.