Kazakhstan Financial News

BRICS Summit, the Ministry of External Affairs (MEA) said. "President Ramaphosa invited the prime minister for the BRICS summit being hosted by South Africa on August 22-24, and briefed him on the preparations for the same," the Ministry of External Affairs (MEA) said atfter PM Modi's talks with Ramaphosa. "The prime minister accepted the invitation and conveyed that he looked forward to his visit to Johannesburg to participate in the summit," the MEA said.

BRICS summit in Johannesburg set to discuss admitting new members, India on Thursday dismissed as «baseless» reports that it is opposed to the expansion of the grouping. It is learnt that New Delhi is yet to take a final decision on Prime Minister Narendra Modi's in-person attendance in the summit of the five-nation grouping from August 22 to 24. The summit is set to extensively deliberate on expansion of BRICS (Brazil, Russia, India, China and South Africa).

Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, even conducting billions of dollars worth of transactions monthly, according to a Wall Street Journal investigation. 

DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan. The country's largest airline by domestic market share has embarked on an ambitious international expansion.

Indian shooters and compound archers ruled the roost, bagging six medals including four golds at the World University Games in Chengdu, China on Monday. Shooters Aishwary Pratap Singh Tomar, Divyansh Singh Panwar and Arjun Babuta joined forces to outclass local favourites China to win the 10m air rifle men's team gold. The Indian trio, with a combined score of 1894.7, beat China's Li Xinmiao, Song Buhan and Zhu Xiaozhong (1881.9) to clinch the yellow metal while Kazakhstan finished third. Aishwary and Divyansh then made it a one-two finish in the 10m air rifle men's individual event. In a dominant display, Aishwary consistently shot scores in the higher 10s for a total of 252.6 to snatch the gold as Divyansh had to be content with a silver. China's Buhan was a distant third with a score of 229.0 Compound archers also contributed to India's tally, adding two golds and a bronze medal.

US envoys for Afghanistan Thomas West and Rina Amri have once again called for an inclusive government in Kabul which, at present is under Taliban rule, TOLOnews reported. Since the Taliban seized power, it has curtailed women's rights in the nation. Thomas West, a US special envoy, and Rina Amiri, a US special envoy for Afghan women, girls, and human rights, met with representatives of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in Astana two days prior to the Doha summit to discuss Afghanistan.

Mahsa Amini, an Iranian Chess player Sarasadat Khademalsharieh, better known as Sara Khadem received her citizenship from Spain. The Moral Police with the backing of the Iranian authorities were seen abck on streets, 10 months after the death of a woman in their custody sparked nationwide protests. Khadem had moved to Spain in January, 2023, after she competed without a hijab and had an arrest warrant issued against her.

Nick Stone has been named head of Bupa Asia Pacific, succeeding long-serving chief executive Hisham El-Ansary who stepped down last year after 15 years with the healthcare group.

NSA Ajit Doval on Monday participated in the 'Friends of BRICS' meeting in Johannesburg on the sidelines of the Brics NSA meet and called for collective efforts to deal with cyber risks involving terrorists and radicals. At the meeting, the issue of cybersecurity was discussed at length, ET has learnt. In addition to Brics, the following 'Friends of Brics' countries participated — Belarus, Burundi, Iran, UAE, Saudi Arabia, Egypt, Kazakhstan and Cuba.

Ajit Doval participated in the 'Friends of BRICS' meeting in Johannesburg in South Africa on Monday. Apart from BRICS, the following Friends of BRICS countries — Belarus, Burundi, Iran, UAE, Saudi Arabia, Egypt, Kazakhstan and Cuba — also participated in the meeting.

By Sabrina Valle

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

Stage 16 of the Tour de France took place on Tuesday, covering a distance of 22.4 km from Passy to Combloux. It was an individual time trial for the men's elite category. The wind was blowing from the east at a speed of 3 km/h. The route and finish profiles were semi-mountainous. Here are the top finishers: Jonas Vingegaard from Denmark, riding for Jumbo — Visma, is first with a time of 32 minutes and 36 seconds. Tadej Pogacar from Slovenia, representing UAE Team Emirates, is at second, 1 minute and 38 seconds behind the leader. Wout van Aert from Belgium, riding for Jumbo — Visma, is in third position, with a time gap of 2 minutes and 51 seconds. Pello Bilbao from Spain, representing Bahrain Victorious, is fourth, 2 minutes and 55 seconds behind the leader. Simon Yates from Great Britain, riding for Team Jayco — AlUla, is in fifth position, with a time gap of 2 minutes and 58 seconds.

United Nations Conference on Trade and Development (UNCTAD) has released a report on global investments for the year 2022. According to the report, the net inflow of foreign direct investments (FDI) to Central biggest state Kazakhstan amounted to $6.1 billion, the highest figure in the past 5 years and 83% higher than in 2021. This is the highest indicator among the post-Soviet countries.

Wimbledon progresses into its second week, all eyes are on the highly anticipated showdown between Carlos Alcaraz and Matteo Berrettini. Alcaraz, currently holding the top spot in the world rankings, is considered a strong contender for the tournament title, while Berrettini, a former finalist, is displaying a notable resurgence in his game. Known for his powerful serves, Berrettini has showcased impressive performances in his victories against Alex de Minaur and Alexander Zverev. On the other hand, Alcaraz possesses a well-rounded skill set with a formidable serve of his own. Anticipated to be a closely contested match, this encounter could potentially offer a glimpse into what might unfold in the tournament's final stages. Following the men's fourth-round clash between Carlos Alcaraz and Matteo Berrettini, tennis enthusiasts will witness an exciting women's match featuring two-time Wimbledon champion Petra Kvitova and last year's runner-up Ons Jabeur. Jabeur, who showed resilience in her previous round by rallying from a set down to defeat Bianca Andreescu, is displaying a resurgence in her game. In addition, the day's schedule includes the continuation of the fourth-round match between Novak Djokovic and Hubert Hurkacz. Djokovic currently holds a two-set advantage from Monday's play, which was halted due to the Wimbledon curfew.

India is looking to usher in a comprehensive and multifaceted partnership with the countries of Central Asia by leveraging the platform provided by the Shanghai Cooperation Organisation (SCO), people aware of the matter said. SCO is a prominent Eurasian grouping to ensure peace, stability, and security in the vast and resource rich region stretching from the borders of Europe to the Pacific, including China, Russia and Pakistan. India hosted SCO's latest summit virtually earlier this week where Iran became the ninth member of the grouping.

Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands.

The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies with over 30 free trade zones and a growing contribution to the Bitcoin mining hash rate.

Tokayev addressing the Shanghai Cooperation Organization (SCO) Summit on Tuesday suggested that the main task of the SCO countries should be to prevent a geopolitical rift between East and West. The Kazakh President proposed to the SCO Council of Heads of Government to consider establishing a joint Investment Fund.

Oil rose as traders weighed Saudi Arabian and Russian production cuts after a slew of low-volume trading sessions.

₹5,863 per bbl, having swung between ₹5,795 and ₹5,895 per bbl during the session so far, compared to their previous close of ₹5,850 per bbl. Also Read: Asia refiner expects Saudi Arabia to cut August crude prices -Brent has dropped from $113 per barrel a year ago, sent lower on concerns of sluggish economic growth. However, both Saudi and Russia have been trying to raise oil prices with new output cuts.