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Improving the Quality Control System of the Lighting Market in Kazakhstan

…ourselves against poor quality, black market or fake products? In order to protect the national lighting market, there should be an institution that can verify the quality of lighting products:…

Kazatomprom Marks 25 Years in Business: CEO Talks Achievements and Efforts to Establish Nuclear Fuel Cycle Facilities

…with a quarter of the world’s supplies coming directly from Kazatomprom. Last year the company sold uranium products to 21 customers in eight countries. This year Kazatomprom celebrates its 25th…

Young Entrepreneurs Run Chemical Company in Cooperation with Disney and Marvel

…as well as lots of new products in development. The company employs about 30 people. For the distribution of our Horeca products, we work with dealers and mass market products

Kazakh Banks Decrease Foreign Debt to 10 Billion Tenge

…the main target of the National Bank is to provide short-term liquidity. But, he added, banks are currently able to provide short-term liquidity to one another at low rates without…

National news in brief

liquidate the Bank of Astana, the press service of the city court reported. “The claims of the National Bank of Kazakhstan on the compulsory cessation of activities, liquidation of Bank…

Astana Bank imposes new restrictions, seeks way out

…bank’s long-term and short-term credit ratings from CCC/C to D/D. Photo credit: forbes.kz The bank stopped withdrawing money May 2 from deposits, giving loans, sending international transfers and changing currency….

Kazakhstan’s AIFC Spotlights Achievements and Growth Strategies

…oil and gas company in collaboration with Abu Dhabi Ports Group. Kazakhstan Temir Zholy established a joint venture with national companies from Georgia and Azerbaijan for investments in the Middle…

Kazakhstan and France Expand Bilateral Cooperation

…Air Liquide Munay Tech Gases, a joint venture between Air Liquide and KazMunayGas, reached a long-term agreement with Kuntech, a Kazakh company for solar collector production, on renewable energy sources….

Kazakh privatisation on schedule, says committee chairperson

…216 billion tenge (US$620.24 million). Bakhyt Sultanov. Photo credit: primeminister.kz. Fifteen of 63 top-ranking resources of the 2016-2020 Comprehensive Privatisation Plan were sold for 110.5 billion tenge (US$317.3 million), including…

Business News in Brief

Kazakhstan’s first liquid fertiliser plant, worth 50 million tenge (US$153,150), was launched in the North Kazakhstan region, reports inform.kz. The plant, capable of producing 140 tonnes of liquid fertiliser per…