Kazakhstan hikes car output

Kanat Shaku in Almaty July 12, 2019

Neighbouring Uzbekistan produced six times more cars than Kazakhstan in 2018 — but that could change with the launch of a new $1.1bn Chinese-Kazakh joint venture.

Central, Eastern and Southeast European sovereigns to return to debt markets on large scale in 2020, Raiffeisen says

Clare Nuttall in Glasgow July 9, 2019

Governments of Central and Southeast Europe have already secured most of the funding they need for this year, but with more obligations maturing in 2020 they are expected to return to the markets on a large scale next year

Kazakhstan sign agreements with Total and Eni on offshore Abay block and Dunga oil field

Kanat Shaku in Almaty July 8, 2019

Thanks to gradual economic recovery in 2017-2018, foreign investor interest in Kazakhstan has been on the rise.

Rainbow flag flies over CEE, but attitudes to LGBT vary vastly

Ben Aris in Berlin July 4, 2019

North Macedonia held its first ever gay pride march on June 29 with up to 1,000 people attending the event. There were pride marches in nearly all the CEE countries but the experience in each country is vastly different.

Kazakhstan’s Astana International Exchange lists first exchange-traded fund

Kanat Shaku in Almaty July 4, 2019

ITI Funds became the first provider to list an exchange-traded fund (ETF) on Kazakhstan’s Astana International Exchange (AIX) on July 3.

Hundreds of Kazakh oil workers protest at Tengiz oilfield, brawl with foreign workers

bne IntelliNews July 1, 2019

Kazakh oil workers rallied to protest unequal labour and pay conditions among local and foreign workers.

Iranian Guardian Council clears EEU temporary free trade agreement

bne IntelliNews June 30, 2019

Iran’s top legal vetting committee, the Guardian Council, has confirmed the bill of temporary agreement for launching a free trade agreement between Iran and the Eurasian Economic Union (EEU), according to Mehr News Agency on June 27.

President Tokayev showers debt relief on restive Kazakh population

bne IntelliNews June 27, 2019

Two weeks after the election period tumult he steps forward with order to help half million low-income borrowers repay bank sums. Says state assistance just short of billion dollars will eventually help more than 3mn people.