Kazakhstan Financial News

Subscribe to enjoy similar stories. Several times over the past three months, swarms of as many as 150 Ukrainian drones flew hundreds of miles into Russia, slamming into missile storage facilities, strategic fuel reservoirs, military airfields and defense plants. Once considered exceptional, these deep strikes now barely register in the news.

polymer production capacity could double by 2030, according to government estimates, exceeding 15 million tonnes. The largest new project in the country will be SIBUR’s Amur Gas Chemical Complex, with a production capacity of 2.7 million tonnes of polyethylene and polypropylene per year. Setto launch in 2027, the complex is well positioned to tap into thegrowing potential offered by Asian markets.

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.

Leaders and top officials from an international group founded to counter Western alliances have met in Pakistan’s capital, with Moscow and Beijing announcing they will boost cooperation

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Polls are open in Kazakhstan for a landmark referendum on building the country’s first nuclear power plant

Chevron Corp. has agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for US$6.5 billion.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

improvised explosive device, targeting a convoy of foreign diplomats, killed a policeman and injured three others in Pakistan's restive northwestern Khyber Pakhtunkhwa province on Sunday. The blast triggered through a remote hit the convoy that was travelling to the scenic mountainous Malam Jabba in Swat district from Islamabad. A senior police officer said that all the diplomats were safe. The convoy included diplomats from Russia, Vietnam, Bosnia and Herzegovina, Ethiopia, Rwanda, Zimbabwe, Indonesia, Uzbekistan, Turkmenistan, Kazakhstan and Portugal.

Russia legalised so-called «grey» or «parallel» imports to allow goods to enter the country without the brands' permission after Western companies such as iPhone maker Apple imposed export bans in 2022 in response to the war in Ukraine. Lyudmila Semushina, a spokesperson for electronics retailer restore:, said the iPhones going on sale this month had arrived in Russia from «all over», without naming specific countries.

D Gukesh and Arjun Erigaise, the Indian men scored the necessary 2.5 points out of possible three against Azerbaijan in the fifth round of the 45th Chess Olympiad here on Sunday. It seems like Gukesh and Arjun can do nothing wrong in this Olympiad as they overpowered Aydin Sulemanli and Rauf Mamedov respectively with their white pieces in quick time. Praggnanandhaa played another draw on board two but that only ensured an Indian victory irrespective of the result of Vidit Gujrathi who was playing against Shakhriyar Mamedyarov. After scoring the fifth victory on the trot, the Indian men maintained a clean slate on ten points and they were joined by Vietnam who continued with their impressive show and downed Poland 2.5-1.5.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Frontier Airlines CEO Barry Biffle discusses growth opportunities for low-cost fares, the failed JetBlue-Spirit merger and more on 'Maria Bartiromo's Wall Street.' 

Kazakhstan’s commitment to progress, urging the nation to look beyond provocations and rely on the rule of law in his Monday’s 2 state-of-the-nation address, “Law and order must reign in our society. This is a fundamental condition for ensuring both public and individual security. Only by adhering to this principle can we build a Just, Clean, and Safe Kazakhstan,” he said. Tokayev emphasized the need for a peaceful and balanced foreign policy, stressing that diplomacy is essential in strengthening Kazakhstan’s sovereignty, protecting the rights of its citizens abroad, promoting national interests and attracting investment.

The Dara Presidential Initiatives Foundation (hereinafter referred to as the Foundation) participated in the Edinburgh Festival Fringe, one of the most significant cultural events on a global scale, held in Edinburgh on August 20. This year, as part of the festival, the Foundation initiated an event titled 'Fringe Fusion: Kazakhstan & Global Art Partnerships,' aimed at presenting Kazakhstan’s rich cultural heritage and performing arts to the international audience gathered in Edinburgh. This important step became a key part of the Foundation’s strategy to develop Kazakhstan’s creative industries on the international stage.

Check out what's clicking on FoxBusiness.com.

Pakistan has extended an invitation to Prime Minister Narendra Modi, along with other leaders of the Shanghai Cooperation Organisation (SCO), for the upcoming Council of Heads of Government (CHG) meeting in October this year, reported The Times of India. However, it is unlikely that Modi will visit Islamabad, though it remains to be seen if he will delegate a minister to represent India, as has been done in the past, considering the strained relations between the two nations, the report added. Pakistan is set to host the CHG meeting on October 15-16, as it currently holds the rotating chairmanship of the council, the second most important decision-making body within the SCO, following the Council of Heads of State. While Modi regularly attends the heads of state summits, he skipped the recent one in Kazakhstan due to a scheduling conflict with a Parliament session in early July.

Water on an Alaska Airlines flight from Hawaii to Alaska entered the cabin from a flooded bathroom, crew tried to mop it up. (Credit: Dustin Parker/Facebook)

Lufthansa Airlines Boeing 747 makes hard, bouncing landing at Los Angeles airport on Tuesday, video shows. Courtesy: Airline Videos Live via YouTube

Kazakhstan’s crypto crackdown is continuing apace, with a court in the nation sending an illegal trader to jail for five years.