IMF Report for Central Asia: Uneven Recovery, Resilience, and Middle Corridor Opportunities
ASTANA — Jihad Azour, the Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), emphasized the expectation of an uneven recovery among economies in the Central Asia and Caucasus (CCA) region amidst significant uncertainty during an April 18 press briefing in Washington D.C.. While inflation trends align with global…
USAID Expedition to Oasis Project on Aral Sea Marks Milestone in Ecosystem Restoration
ASTANA—The United States Agency for International Development (USAID) will lead an expedition to the USAID Oasis project on the former shores of the Aral Sea in the Kyzylorda region of Kazakhstan from April 12 to 16, the agency’s press service reported. Established through a collaborative effort between USAID and the Kazakh partners, the Oasis project…
Kazakhstan Expands GovTech Exports and Embraces Digital Nomads
ASTANA—During the Digital Almaty 2024 forum, which convened in February, Kazakhstan solidified its international outreach by signing multiple memorandums of understanding, particularly regarding the export of its government technology (GovTech). Notable among these agreements is the extension of Kazakhstan’s IT solutions for e-government development, including Smart Bridge, the Unified Platform for Internet Resources of Government…
Kazakhstan, South Korea Increase Weekly Air Travel Frequency
ASTANA — The aviation authorities of Kazakhstan and South Korea agreed to increase the total number of permitted flights between the countries from 10 to 42 per week on March 21, the Kazakh Civil Aviation Committee (CAC) reported. The agreement, spearheaded by CAC Chairperson Saltanat Tompiyeva and the General Director of South Korea’s Civil Aviation…
Kazakhstan Stands Firm Against Terrorism Following Moscow Attack
ASTANA — President of Kazakhstan Kassym-Jomart Tokayev has strongly denounced the recent terrorist attack targeting civilians in Moscow on March 22, following the terrorist attack in the Crocus City Hall, Akorda press service reported. President Tokayev emphasized that terrorism in any form cannot be justified and urged all United Nations member states to unite in…
AirAsia X and Kazakh Tourism Forge Strategic Partnership
ASTANA — Following its successful inaugural flight celebration to Almaty, Kazakhstan, AirAsia X signed a Memorandum of Understanding (MoU) for strategic collaboration with Kazakh Tourism national company on March 15, reported the airline’s press service. The MOU encompasses greater commercial collaboration and partnerships between the airline and the organization to promote tourism between Kazakhstan and…
Tokayev Outlines Values Shaping Kazakh Identity at National Kurultai
ASTANA — President Kassym-Jomart Tokayev emphasized the significance of fostering a new social ethics and outlined pivotal values essential to shaping the identity of the Kazakh nation during his address on March 15 at the National Kurultai in Atyrau, reported the Akorda press service. “A nation aspiring to claim its rightful place in the global…
FM Nurtleu Stresses Importance of Regional Cooperation in Fighting Drug Trafficking
ASTANA – Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu took part in the High-level Segment of the 67th Session of the United Nations (UN) Commission on Narcotic Drugs in Vienna, reported the ministry’s press service on March 14. The minister emphasized Kazakhstan’s comprehensive efforts in combating drug addiction and trafficking. …
Kazakh FM Says OSCE Should Be Preserved and Strengthened
ASTANA – Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu underscored the pivotal role of multilateral institutions in addressing unprecedented global challenges and reiterated Kazakhstan’s dedication to upholding the functionality of the Organization for Security and Cooperation in Europe (OSCE) during a March 14 meeting of the OSCE Permanent Council in…
UNDP Report: Kazakhstan Ranks 67th in Human Development
ASTANA—Kazakhstan entered the Very High human development category, securing the 67th position out of 193 countries and territories globally, according to a recent report by the United Nations Development Programme (UNDP) released on March 13. HDI overview The country reached a Human Development Index (HDI) value of 0.802 in 2022, a notable leap in its…
Exploring Law in Eurasia: Insights from IAC Eurasia Arbitration Week 2024
ASTANA — The Astana International Financial Centre (AIFC) International Arbitration Centre (IAC) launched the Eurasia Arbitration Week 2024 (EAW24) on March 5. The session, Arbitration in Eurasia – Regional Perspectives, moderated by IAC Chairman Thomas Krümmel convened distinguished figures and experts to delve into the multifaceted arbitration landscape, highlighting regional perspectives and challenges. Dr. Ilia…
President Tokayev Commends Advances in Healthcare, Industry During Visit to East Kazakhstan Region
ASTANA — President of Kazakhstan Kassym-Jomart Tokayev arrived on a working visit to the East Kazakhstan Region on Feb. 26, commencing his visit at the Center for Radiation Therapy and Diagnostics. The center, established on the regional multidisciplinary Center for Oncology and Surgery foundation, showcases state-of-the-art medical equipment to advance cancer diagnosis and treatment, reported…
National Bank Chair Comments on Base Rate Reduction to 14.75% Amid Decelerating Inflation
ASTANA — National Bank Chairman Timur Suleimenov announced that the bank’s Monetary Policy Committee reduced the base rate to 14.75% on Feb. 23, the bank’s press service reported. In a press statement, Suleimenov noted that one of the pivotal factors driving this decision is the trajectory of annual inflation, which is exhibiting a deceleration despite…
Exploring Cosmos: Stardust, Magnetic Fields, and AI with Kazakh Female Astrophysicist
ASTANA — In the vast expanse of the universe, a realm of cosmic wonders captivates the imagination of scientists and dreamers alike. Dana Alina, an assistant professor in the Department of Physics at Nazarbayev University, delved into the intricate mysteries of space, shedding light on the enigmatic world of stardust, magnetic fields, and the evolving…
Benelux-Kazakhstan Trade Talks: Exploring Opportunities for Mutual Growth
ASTANA — The inaugural meeting of the BeNeLux-Kazakhstan Trade Talks on Feb. 15 at Nazarbayev University Graduate School of Business marked a significant step to fostering closer ties and exploring new avenues for economic collaboration between the BeNeLux countries and Kazakhstan. Organized by BeNeLux Chamber of Commerce, uniting the trade circles of the Kingdoms of…
Astana Hub: Bridging Borders, Building Futures in Central Asia’s Tech
ASTANA — Nestled within the bustling EXPO district on the left bank of Kazakhstan’s capital, the Astana Hub stands as a beacon of innovation and progress in the heart of Central Asia. In the exclusive interview with The Astana Times, its founding CEO Magzhan Madiyev reflected on the hub’s journey, accomplishments, and ambitions moving forward. …
Trailblazing Kazakh Female Researcher Empowers Women in Tech, Innovation, and Accessibility in STEM
ASTANA — On Feb. 11, the world celebrates the International Day of Women and Girls in Science. Postdoctoral researcher at the Institute of Smart Systems and Artificial Intelligence (ISSAI) at Nazarbayev University (NU) Zhanat Makhataeva, a trailblazer in the field of tech and research, shared insights into her journey as a woman in science in…
Nurturing Future Leaders: Insights into Kazakhstan’s Presidential Youth Personnel Reserve
ASTANA — In Kazakhstan, the pursuit of nurturing capable leaders is embodied in the Presidential Youth Personnel Reserve, an early public initiative spearheaded by President Kassym-Jomart Tokayev. Its inaugural selection took place in 2019, marking a significant milestone in its journey. Governed by the Agency for Civil Service Affairs, this initiative acts as a channel…
Bektenov’s Nomination for Kazakh PM: Catalyst for Reform and Anti-Corruption Drive
ASTANA — Olzhas Bektenov’s nomination for the position of Prime Minister of Kazakhstan by the Amanat party on Feb. 6 has sparked discussions among Kazakh political analysts. Kazakh experts have weighed in on the significance of his appointment and the potential implications for the country’s political landscape, reported Tengrinews news agency. “With a high level…
Kazakhstan and EU Ink 800 Million Euro Deals at Global Gateway Forum
ASTANA — Kazakhstan and the European Union (EU) signed four memorandums worth over 800 million euros (US$865.7 million) at the Global Gateway Investors Forum for the EU – Central Asia Transport Connectivity on Jan. 29 in Brussels. One of the signed agreements includes a memorandum of understanding between Kazakhstan and the European Investment Bank (EIB)…
Uzbekistan’s Top Schools Embrace Kazakh Startup CodiPlay’s Innovations
ASTANA — Leading schools in Uzbekistan are set to integrate cutting-edge programming and robotics innovations from the Kazakh startup CodiPlay, the startup’s press service reported on Jan. 25. The initiative, supported by Inha University of Korea, recently gained momentum as CodiPlay hosted an insightful presentation in Tashkent for 15 prominent schools nationwide. Zhanadil Taldybaev, founder…
President Tokayev Charts Economic Blueprint with Focus on Structural Reforms and Growth in New Interview
ASTANA — In a Jan. 3 interview with Egemen Qazaqstan newspaper, President Kassym-Jomart Tokayev outlined an ambitious economic course aimed at achieving a Just and Fair Kazakhstan and doubling the size of the national economy to $450 billion by 2029. The President shared insights and addressed concerns about the feasibility of this goal during the…
Exploring Enigmatic Akmeshit Cave: Haven of Strength and Spiritual Harmony
ASTANA — In the heart of the Turkistan Region, thousands of eager travelers embark on pilgrimages each year, drawn by the promise of healing and spiritual balance offered by sacred places. Among these mystical sites is the Baidibek Depression, a mesmerizing natural wonder also known as the Akmeshit (White Mosque) cave, nestled at the foot…
Free Trade Deal Inked Between EAEU and Iran to Unlock Prospects for Kazakhstan
ASTANA — The Eurasian Economic Union (EAEU), its member states, and the Islamic Republic of Iran signed a Free Trade Agreement on the sidelines of the Supreme Eurasian Economic Council in St. Petersburg on Dec. 25, Kazakh Prime Minister’s press service reported. The agreement is poised to unlock the untapped potential of mutual trade, bringing…
Kazakhstan’s Diplomacy in 2023: Year of High-Profile Visits, Economic Success, and Soaring Foreign Investments
ASTANA – Kazakh Foreign Ministry’s Spokesperson Aibek Smadiyarov wrapped up the results of the ministry’s work in 2023 at a Dec. 25 press briefing, the ministry’s press service reported. According to Smadiyarov, in the passing year, the country witnessed an array of high-profile international events, state visits, and a surge in foreign investments, solidifying Kazakhstan’s…