Kazakhstan plans to develop Islamic finance market. Arken Arystanov, chairman of the Regional Financial Centre of Almaty informed that the country planned to attract USD 10bn in Islamic finance over the next 5 to 7 years. Apart from that, Kazakhstan intends to place sukuk bonds worth USD 500mn, deputy finance minister Berik Shopankhunov has informed, Kazakhstan is presently hosting the second Islamic finance conference. Significantly, the country is eager to become hub for Islamic finance in the region. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more