City Astana Financial News

Binance has been in the news recently for furthering their spree of acquiring licenses to operate in more jurisdictions, as the CEO Changpeng Zhao presses on with his mission to bring hundreds of millions of people into crypto within the next few years. 

Kazakhstan based on its visa free regime for Indians and facilities is attracting many Indians. The flow of Indian tourists has ‘rocketed’ to Central Asia’s biggest and resource rich state of Kazakhstan since the country introduced a 14-day visa-free regime for Indian citizens in 2022. The numbers have seen a sharp increase with an increase in the number of daily flights in the recent months between the two sides. In 2023 over 50,000 Indians visited Kazakhstan. A three-hour flight is the air distance between New Delhi and the historic and modern city Almaty that offers all facilities of a Western city coupled with ropeways and ski resorts.

Astana International Financial Centre (AIFC). The event brought together prominent business leaders, government officials, and industry experts to discuss opportunities for increased trade, joint ventures, and collaboration in the electronics and engineering sectors. The Keynote address was delivered by Ambassador Dr. T.V. Nagendra Prasad. The chief guest was Mr. Meiram Pshembayev, Chairman of the Association of Kazakhstan Machinery Industry. The event was held in the hybrid format. Around 50 companies from both sides participated in the event. Thematic sessions on Electronics and Engineering Sectors took place in which experts from both sides gave presentations, followed by a lively question and answer session. From the Indian side, the event was also joined virtually by the Electronics and Software Export Promotion Council (ESC), Engineering Export Promotion Council (EEPC), Federation of Karnataka Chamber of Commerce (FKCC) and their member companies dealing in exports of electronics and engineering goods.

Kazakhstan President Kassym-Jomart Tokayev recently announced that his country has successfully attracted $400bn in Foreign Direct Investment (FDI), with plans to bring in an additional $150bn by 2029. This new investment cycle will be spearheaded by the Investment Council. During his address at the Astana International Forum, President Tokayev highlighted the significant political reforms underway, which aim to bolster stability and cater to the democratic aspirations of the populace. He cited the recent referendum on the construction of a nuclear power plant as evidence of Kazakhstan's commitment to democratic values. In addition to attracting foreign capital, Tokayev reaffirmed Kazakhstan's commitment to regional cooperation, particularly within Central Asia. He noted the beneficial impacts of increased collaboration among neighboring countries and highlighted the significant transformations in the region over the past decade.

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Kazakhstan’s anti-money laundering agency says officials in the country have blocked illegal crypto transactions worth a total of $75.4 million.

Line of Actual Control with a sense of purpose and urgency.

SCO summit held here under the Kazakhstan Presidency will adopt an important document to combat terrorism, separatism and extremism. The summit will also discuss SCO anti-drug strategy amid the rising menace of drug addiction.Kazakhstan assumed the SCO chairmanship in July 2023. President of Kazakhstan Kassym-Jomart Tokayev has emphasised that the Summit will present the initiative “On world unity for a just peace and harmony” This document will lay down the principles of strengthening confidence-building measures, maintaining stability and security, ET has learnt. And the main task of this document is to prevent a geopolitical fault between East and West, sources here said. Tokayev noted that the Astana SCO summit will be held under the slogan “Strengthening multilateral dialogue — the pursuit of sustainable peace and development.”

Jaishankar on Wednesday met UN chief Antonio Guterres and discussed global hotspots and their larger implications apart from the reform of the UNSC. Jaishankar, who is here to represent India at the annual summit of the Shanghai Cooperation Organisation and carrying out various bilateral meetings on the sidelines, also met his Belarusian and Tajikistan counterparts Maksim Ryzhenkov and Sirojiddin Muhriddin respectively. «Always a pleasure to meet UNSG @antonioguterres. Appreciate his insights on the state of the world. Discussed global hotspots and their larger implications,» Jaishankar posted on the social media platform X. He further said that he spoke about the reform of the United Nations Security Council (UNSC), preparations for the upcoming 'Summit of the Future' in September, and future prospects for meaningful India-UN partnership.

Narendra Modi on Thursday said that terrorism in any form or manifestation cannot be justified and called on the international community to isolate and expose the countries that harbour terrorists, provide safe havens and condone terrorism. External Affairs Minister S Jaishankar delivered these remarks on behalf of PM Modi at the Shanghai Cooperation Organisation being held under Kazakhstan's Presidency in Astana. Calling SCO a principle-based organization whose consensus drives the approach of its member states, PM Modi stated, «At this time, it is particularly noteworthy that we are reiterating mutual respect for sovereignty, independence, territorial integrity, equality, mutual benefit, non-interference in internal affairs, non-use of force or threat of use of force as a basis for our foreign policies. We have also agreed not to take any measures contrary to the principles of state sovereignty and territorial integrity.»

Narendra Modi on Thursday said the 'Make in India' initiative can add to engines of global growth and help democratise the global economy, and highlighted the importance of creating multiple, reliable and resilient supply chains. External Affairs Minister S Jaishankar, who is in Astana to attend the SCO Summit, delivered Modi's remarks at the extended format meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State here in the Kazakh capital. Modi said that India has contributed significantly to enhancing the economic agenda of the SCO grouping with institutionalised mechanisms such as the SCO Startup Forum and Special Working Group on Startup and Innovation. With 130,000 startups in India, including 100 unicorns, our experience can be useful to others, a Ministry of External Affairs statement cited the prime minister as saying in his remarks.

Iran's Chabahar Port not only holds «great value» to landlocked Central Asian states but also «de-risks» commerce between India and Eurasia, Prime Minister Narendra Modi said on Thursday. External Affairs Minister S Jaishankar, who is in Astana to attend the SCO Summit, delivered Modi's remarks at the extended format meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State here in the Kazakh capital. He also said, «While standing resolute on challenges, it is equally important to actively and collaboratively explore avenues of progress. The current global debate is focused on creating new connectivity linkages that would better serve a rebalanced world.» «If this is to gather serious momentum, it requires the joint efforts of many. It must also be respectful of the sovereignty and territorial integrity of states and be built on the foundation of non-discriminatory trade and transit rights to neighbours.»

Shanghai Cooperation Organisation (SCO) summit in Astana contained the most robust language ever on cross-border terrorism as well as strong references to territorial integrity linked to connectivity corridors in the region, external affairs minister S Jaishankar told ET. He described this as the most satisfying outcome of the summit from India’s viewpoint. “I am happy that Kazakhstan during their chairmanship negotiated an updated programme to combat terrorism, separatism and extremism, which was adopted in the Astana summit,” the minister said. “What is more important is the actual implementation of the programme that we have now successfully drawn up, which includes unambiguous commitment by all the member states in getting rid of all forms and manifestations of terrorism in the region, including cross-border terrorism.” The summit was held in the Kazakhstan capital on July 3-4.

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Kazakhstan’s First Deputy Foreign Minister Akan Rakhmetullin underscored the crucial role of the United Nations in addressing urgent global challenges ahead of the July 3-4 SCO Summit. He recently highlighted the high level of interaction between Kazakhstan and the UN over 32 years of cooperation.

Jo pichle Olympics main kami reh gayi thi woh ab yeh Olympics main puri karni hai (At the Olympics this year, I hope to overcome the things that were missing the last time around)." This is what Malik has been consistently chasing over the past few years, ever since she graduated to the senior level. At the age of 18, Malik qualified for the Tokyo Olympics in 2021, losing to the eventual silver medallist, Iryna Kurachkina, while missing out on a medal in the repechage round. “There was so much to learn from that competition.

terrorism in South Asia. The meeting was significant in the backdrop of the recent terror attack in Russia that was carried out by extremists with Central Asian origins who may have been influenced by Pakistan-based seminaries. During the meeting that took place in Astana, both sides exchanged views on the terrorist threats in their respective regions, including State-sponsored, cross-border terrorism in South Asia, besides terror activities in the Afghanistan-Pakistan region.

Shanghai Cooperation Organisation (SCO) in Astana. In his address, Doval highlighted the need to shun double standards and hold sponsors, financiers, and facilitators of terrorism accountable. Combatting Terrorism: In his address, NSA Doval stated that any act of terror committed by whomsoever, whenever, and for whatever reasons is not justified. He asserted that perpetrators of terrorism should be effectively and expeditiously dealt with, including those involved in cross-border terrorism.

Central Asia got an unique opportunity to get themselves acquainted with state of art IT training. More than 1,000 young people from Central Asian countries completed the Google Cloud and Machine Learning training program in Almaty recently. As a result, 20 students were offered an internship at the Kazakh-British Technical University (KBTU), according to the press service of Google Developer Groups (GDG) Cloud Almaty.

The final day of dealings of TUI shares on the London Stock Exchange is expected to be 21 June, with its listing expected to be officially cancelled at 8am on 24 June | Photo by Justin Hu on Unsplash

The firm’s global depositary receipts will be available to investors between $8.50-$11 per GDR.

IT, healthcare, tourism and education have been identified as key fields where India and Kazakhstan can expand partnership, according to Indian Ambassador to Kazakhstan T.V. Nagendra Prasad.