Business news in brief

FlyArystan, a division of Air Astana and Kazakhstan’s first low-cost airline, will launch its inaugural daily international route Dec. 13 from Nur-Sultan to Moscow. The flight will depart from Nursultan Nazarbayev International Airport and arrive at Zhukovsky International Airport. The airline has tried to adjust the schedule to make it as comfortable as possible for tourists and business travellers. One-way tickets will start at 19,999 tenge ($51), which, according to the press release, is 60 percent lower than the current lowest fare. Tickets are available on flyarystan.kz.

The rating agency QS World University Rankings has listed Almaty Management University (AlmaU) and its Graduate School of Business in its Global MBA Rankings 2020, reported tengrinews.kz. The university is ranked in the 151-200 range and is the only institution from the Commonwealth of Independent States. Among MBA programmes in Asia, AlmaU is in the Top 20, which creates a higher demand for its graduates and recognition of their diplomas around the world. The criteria for university rankings include employability, entrepreneurship and alumni outcomes, thought leadership, diversity and return on investment.

Kazakh Prime Minister Askar Mamin and Mongol Prime Minister Ukhnaagiin Khürelsükh participated in opening of the Kazakh-Mongol Business Forum, reported businessmir.kz Oct. 11. Mamin noted Kazakhstan and Mongolia have great potential for enhancing investment cooperation, especially in mining, transport and logistics, construction and agriculture. He discussed his country’s investment climate, urging business people from both nations to establish business contacts, create joint ventures and implement mutually beneficial cooperation projects. More than 200 participants attended the forum, including business persons from both nations, national companies and economics-related government agencies, and representatives signed eight agreements. 

The Atameken National Chamber of Entrepreneurs and Atameken Academy have initiated the gratis online class Jas Kasipker. The class, with a capacity of 5,000 students, will combine information on one platform for young people who want to start their own businesses. Prospective students need to complete a business plan as a part of their application. Video lessons in Kazakh and Russian will contain ten modules, 20 lessons and online quizzes. Participants will learn how to open a business, the most popular business ideas, how to find funding, the basics of marketing and management and existing legislative regulations. At the end of the course, they will present their business plans in a competition where they can win $1,300 to develop their project.

WOW!HR, an international HR award, held a conference and award ceremony Oct. 7 in Almaty, reported kapital.kz. Companies receive the award for the best projects on personnel management and external and internal communications. Fourteen companies presented 16 projects in four categories and the audience and participants voted for the winners. The digital solutions category presented projects on IT innovations that help business development, with the award going to Eurasian Resources Group (ERG). OLX won the award in the save category, where companies present cases to improve working conditions and employee wellbeing. Transtelecom was named the best in motivating and educating its employees and Air Astana had the best project for working with students and young specialists. 

Spanish start-up courier service Glovo, which began operating this summer in Almaty, is launching in Nur-Sultan. Glovo works in 202 cities in 26 countries serving 1.8 million people around the globe. The unique feature of the app is the ability to order absolutely anything that can fit into a Glovo box. A courier can deliver items ranging from food, clothing and medicines to documents and forgotten keys. The service proved to be popular in Almaty, where 20 percent of users enjoy the feature.

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