Kazakhstan

Kazakh GDP growth at 4.3% in Jan-Sept

bne IntelliNews October 19, 2017

Nine-month figure maintains momentum of 4.2% posted for first half of year, growth very much reliant on mild Russian economic recovery and relaunch of giant Kashagan oil field.

Kazakhstan's Astana aims to become international blockchain hub

bne IntelliNews October 18, 2017

Malta-based EXANTE to support cryptocurrency development in Kazakhstan, as the authorities seek to turn its capital Astana into an "international hub for blockchain operations" by developing crypto asset markets.

Kazakh telecom operator Kazakhtelecom eyes 2018 IPO

bne IntelliNews October 17, 2017

Kazakhstan's largest telecommunications company might be first of three big state companies to go for a flotation next year, with Air Astana and Kazatomprom also readying plans.

Investment revives within Eurasian Economic Union after 3-year decline

Clare Nuttall in Bucharest October 16, 2017

Last year saw total mutual FDI stock within the bloc reach $26.8bn with Russia remaining responsible for the lion’s share of outward investment.

Moldova's Ascom moves ahead with recovering $500mn from Kazakh state

Iulian Ernst in Bucharest October 11, 2017

Moldovan businessman Anatol Stati is trying to claw back $500mn he was awarded in compensation after his investments in two Kazakhstani gas fields were nationalised.

The blockchain of public record

Ben Aris in Berlin October 6, 2017

East European countries love blockchain, and could beat the west at developing practical applications if they keep up the current pace.

Kazakh tenge under strain as it hits lowest level in nearly a year

Kanat Shaku in Almaty October 4, 2017

Hopes that oil price recovery would strengthen currency sag as crude quotations come under renewed pressure.

Kazakhstan’s new stock exchange set for “test run” in December

bne IntelliNews September 21, 2017

Set in an free economic zone subject to English common law, the bourse in the capital will hope to do far better than the country's first exchange in largest Kazakh city Almaty.

Row over Nazarbayev's “meddling” in Kyrgyz election worsens

bne IntelliNews September 21, 2017

Angry statement from Kyrgyzstan's foreign ministry accuses Kazakh president on interfering in country's internal affairs.

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