Finance and investments

Over 32,000 Gold Bars Sold in 2021

National Bank launched the program for sale and repurchase of gold bullionbars of refined gold for population (hereinafter the ‘Program’) in 2017. 

Terrorism Should Be Condemned By Both Government and Civil Society Says State Secretary Erlan Karin

Based upon several comments received by Karin, apparently, there still were people wondering what kind of ideology the terrorists were adhering to, and if those people were, in fact, terrorists. 

Kazakh Air Travel Stabilizes After Suspensions, Delays Following Terror Attacks

Almaty International airport has completed restoration works after the mass riots

CSTO Peacekeepers Complete Their Mission, Withdraw from Kazakhstan

The mission numbered more than 2,000 officers and 250 units of military equipment. 

Foreign Minister Mukhtar Tileuberdi Visits Brussels to Reinforce Partnership with EU

He met with the European counterparts and reaffirmed his country’s commitment to a strengthened partnership with the European Union

Omicron Continues to Spread in Kazakhstan, Top Health Officials Recommend Strict Measures

The number of hospitalized patients has increased by two-fold, and the outpatient level by five-fold in the past month.

Nursultan Nazarbayev: “We Must Support the New Program of Reforms Put Forward by President Tokayev”

We must support this program, said Nursultan Nazarbayev in a video addrees on Jan.18

Kazakh Government Presents Action Plan to Stabilize Social and Economic Situation in Kazakhstan

The plan, which was prepared at the instruction of President Kassym-Jomart Tokayev, contains a number of urgent and short-term measures aimed at security and comprehensive support of citizens and businesses, as well as stabilization of the social and economic situation in the country that saw mass unrest at the beginning of January.

Imanbek Wins Spotify Award for One Billion Streams of His “Roses” Dance Remix

The remix has over 1.5 billion streams on Spotify.

Kazakhstan Establishes Qazaqstan Halqyna Foundation to Provide Social Relief to People Who Need It Most

The foundation will provide charitable assistance to the people, in addition to state support, in health care, education and social support, culture, and sports and those who are affected by emergency situations and during states of emergency.

Almaty Police Department Releases Details Surrounding Tragic Events in Almaty

The police continue to seize stolen firearms. Terrorists damaged and destroyed more than 356 cars including 163 police cars.

Kazakhstan Adopts Law on Abolition of Death Penalty and Law on Commissioner for Human Rights

The death penalty is excluded from the sanction of 17 articles of the Criminal Code. 

Kazakhstan Considers Tightening Restrictions as Omicron Variant Spreads Globally

Starting from Jan. 5, only citizens who can prove recent recovery from COVID-19 or provide proof of a full vaccination course will be able to access trade malls and karaoke bars. 

AIFC Court and IAC present their 2021 results and future plans

The AIFC Court and IAC gained significant international recognition in 2021.

Kazakhstan to Allocate Subsidies For Foreign Tourists

The subsidy amount is 15,000 tenge (US$34,61) for each foreigner, who comes to the country using the services of local travel firms.

New Industrial Projects and Investments to Contribute to Almaty City’s Economic Growth

The projects, worth more than 48 billion tenge (US$110 million), will create 749 workplaces. 

Central Asia, Russia could create integrated energy space, say Kazakh authorities

As Kairat Kelimbetov mentions, the task of creating an energy consortium of the Central Asian region has been relevant for a long time

7 industrial projects launched in Almaty

The total cost of all seven industrial projects launched hit over KZT 48 bln. 749 jobs were generated there.

Kazakh Minister of Trade and Integration Visits Afghanistan to Discuss Bilateral Trade Opportunities

Sultanov discussed cooperation with the representatives of the acting Afghan administration including Deputy Prime Minister Abdul Salam Hanafi, Afghan Foreign Minister Amir Khan Muttaqi, Minister of Commerce and Industry Nooruddin Azizi.

Oil Production in Kazakhstan Expected to Reach 85.7 Million Tons By End of 2021

The country’s oil production will increase to 104.2 million tons by 2030.

Kazakhstan Among Top Three Trade Partners of Uzbekistan

China and Russia are the top two trading partners of Uzbekistan, with $6.7 billion and $6.6 billion in trade, respectively. 

Afghan Students Continue to Receive Humanitarian Assistance from Kazakhstan

In December, Afghan students studying at Kazakh universities requested assistance from the IOM as many faced difficulties due to the recent developments in Afghanistan.

Number of Foreign Students in Kazakhstan Increases to 30,000

According to data released by the Kazakh Bureau of National statistics, the number of foreign students reached 21,727 people in 2018, 39,558 people in 2019, and 29,069 people in 2020.

Kazakh Writers Ink Agreement with Amazon Publishing to Publish Their Children’s Adventure Books in English

The series of books authored by Kazakh mythology specialist Naurzbayeva and Russian philologist Kalaus in Russian will be translated by professional interpreter Shelley Fairweather-Vega and published approximately by the end of 2022.

Tourism is Slowly Recovering in Kazakhstan as Hospitality Sector Shows Increase in Volume in Three Quarters of 2021

The largest number of visitors was in Almaty (842,900 people), Nur-Sultan (524.5 thousand people), and the Almaty Region (522,000 people). 

Kazakhstan Creates New National Park in Karaganda Region to Step Up Ecosystem Conservation Efforts

The Ulytau national park with an area of 58,900 hectares becomes the 14th national park in Kazakhstan.

Eurasian Development Bank lists US$100 million 2-year bonds on Astana International Exchange

The deal has been announced on 13 December during the investors’ webinar organized by AIX.

AIFC introduces a series of new amendments to the Legal Entities Framework

17th Astana talks on Syria begin in Kazakhstan

Within the scope of the Astana talks, bilateral and trilateral meetings are being held.

Kazakhstan Has Strong Tourism Potential, Says CEO of LOT Polish Airlines

Milczarski said that the COVID-19 pandemic was a major disruption to the whole airline industry and it became evident that airline businesses would have to rapidly adapt to the changing nature of the world.