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Kazakhstan Leads Central Asia in Sustainable Finance, OECD Reports

Kazakhstan Leads Central Asia in Sustainable Finance, OECD Reports

ASTANA – Kazakhstan has positioned itself as Central Asia’s frontrunner in sustainable finance, according to a June 16 report by the Organization for Economic Co-operation and Development (OECD) on Responsible Business Conduct for Sustainable...

Kazakhstan Accelerates Rollout of Digital Tenge to Boost Budget Transparency

Kazakhstan Accelerates Rollout of Digital Tenge to Boost Budget Transparency

ASTANA – The Kazakh government discussed how to step up efforts to implement the digital tenge as a tool to improve control over public spending at a meeting on July 11, reported the Prime Minister’s press service. Olzhas Bektenov chairs a...

Kazakhstan Keeps Base Rate at 16.5%, Likely Until Year-End

Kazakhstan Keeps Base Rate at 16.5%, Likely Until Year-End

ASTANA – The Monetary Policy Committee of the National Bank of Kazakhstan (NBK) decided on July 11 to keep the base rate at 16.5%. NBK Governor Timur Suleimenov reported that it will most likely remain at this level until the end of 2025,...

Kazakhstan Strengthens Ties with Afghanistan

Kazakhstan Strengthens Ties with Afghanistan

ASTANA – Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu paid a working visit to Afghanistan on July 10, where he met with senior Afghan officials to deepen cooperation in trade, transit, agriculture, and infrastructure, the Kazakh...

Kazakhstan’s E-Commerce Market Soars 42%, Hits Record $6 Billion in 2024

Kazakhstan’s E-Commerce Market Soars 42%, Hits Record $6 Billion in 2024

ASTANA – Kazakhstan’s retail e-commerce market reached a new historical high of 3.4 billion tenge (US$6 billion) in 2024, a 42% increase over 2023, according to a new study by Strategy&, part of the PwC global network of firms, released on July...

Kazakhstan supplied 160,000 tons of oil to Germany in June, Kaztransoil says

Kazakhstan supplied 160,000 tons of oil to Germany in June, Kaztransoil says

MOSCOW: Kazakhstan supplied 160,000 metric tons of oil to Germany via the Druzhba pipeline system in June, Kazakhstan’s pipeline company Kaztransoil said on Friday. Kazakhstan has been supplying its oil to Germany through the pipeline after the...

Kazakhstan Engaged in Legal Disputes with 20 Foreign Companies

Kazakhstan Engaged in Legal Disputes with 20 Foreign Companies

Kazakhstan is currently involved in 20 legal disputes with foreign companies, a decrease from 26 cases in 2023, according to Yerlan Musabayev, Acting Director of the Department for the Protection of State Property Rights under the Ministry of...

Kazakhstan to invest $500m in Herat-Torghondi railway

Kazakhstan to invest $500m in Herat-Torghondi railway

KABUL (Pajhwok): Kazakhstan will invest $500 million in the Herat-Torghondi railway project under an agreement signed in Kabul on Friday. The Office of the Deputy Prime Minister for Economic Affairs in a statement said that Mullah Abdul Ghani...

Kazakh Foreign Minister Visits Kabul, Signs $500M Railway Deal as Mining Push Gathers Momentum

Kazakh Foreign Minister Visits Kabul, Signs $500M Railway Deal as Mining Push Gathers Momentum

In a major step toward deepening regional engagement, Kazakhstan’s Foreign Minister Murat Nurtleu arrived in Kabul this week, signaling a continuing shift towards pragmatic engagement in Astana’s policy towards Afghanistan. The visit resulted in...

Kazakhstan invested 18% less in geological exploration in 2024 than in 2023

Kazakhstan invested 18% less in geological exploration in 2024 than in 2023

Almaty. July 11. KazTAG – Kazakhstani companies invested T206.2 billion in exploration and evaluation of mineral reserves in 2024, which was 18% less than in 2023 without adjusting for inflation, reports the First Credit Bureau (FCB). “In 2024,...

Kazakhstan's export of vegetable oils and oilseed meal exceeds 1 million tons

Kazakhstan's export of vegetable oils and oilseed meal exceeds 1 million tons

Over the first nine months of the 2024/25 MY, Kazakhstan exported more than 1 million tons of fat-and-oil products (vegetable oils, oilseed meal, and cake). According to APK-Inform and the National Oilseed Processors Association (NOPA), the export...

Kazakhstan’s SCAT Launches New Almaty–Minsk Route

Kazakhstan’s SCAT Launches New Almaty–Minsk Route

ASTANA — Kazakhstan’s airline SCAT will launch direct passenger flights on the Almaty–Minsk route twice a week, on Wednesdays and Sundays, starting from Aug. 10. Photo credit: Kazakh Transport Ministry. Currently, flights to Minsk are operated by...

Kazakhstan’s Digital Revolution: From e-Government to AI Superpower

Kazakhstan’s Digital Revolution: From e-Government to AI Superpower

ASTANA – By 2025, Kazakhstan has emerged as a regional frontrunner in digital transformation – not only in fintech and IT exports, but also in the delivery of public services, AI development, and broadband connectivity. Now ranking among the...

Kazakhstan and China Boost Rail Trade via Middle Corridor Agreement

Kazakhstan and China Boost Rail Trade via Middle Corridor Agreement

Kazakhstan and China have signed a renewed strategic agreement to strengthen rail connectivity and increase freight volumes along the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. At a ceremony in Beijing,...

Kazakhstan Launches Central Asia’s Most Powerful Supercomputer 

Kazakhstan Launches Central Asia’s Most Powerful Supercomputer 

ASTANA — President Kassym-Jomart Tokayev took part in the official launch of Kazakhstan’s new national supercomputer on July 9. Photo credit: gov.kz The new supercomputing cluster is powered by NVIDIA H200 graphics processors and delivers a...

Kazakhstan’s New Supercomputer Marks Breakthrough in National Tech Independence

Kazakhstan’s New Supercomputer Marks Breakthrough in National Tech Independence

ASTANA – Kazakhstan’s new national supercomputer can perform in just one second as many calculations as the entire world’s population – all 8 billion people – could do in over four days if each person solved one equation every second, said...

Kazakh President responds to Trump on introduction of tariffs

Kazakh President responds to Trump on introduction of tariffs

ASTANA, July 10. /TASS/. Kazakh President Kassym-Jomart Tokayev sent a letter to US President Donald Trump following Washington's statement on the introduction of 25% customs duties on goods from Kazakhstan from August 1. As the press service of...

Kazakh President sends a letter of reply to Donald Trump

Kazakh President sends a letter of reply to Donald Trump

Baku, July 10, AZERTAC President of Kazakhstan Kassym-Jomart Tokayev sent a letter of reply to Donald Trump regarding tariffs imposed on Kazakhstani products sent to the United States, Kazinform News Agency reported citing the Akorda press...

News Digest: Foreign Media on Kazakhstan’s Foreign Policy, Supercomputer and More

News Digest: Foreign Media on Kazakhstan’s Foreign Policy, Supercomputer and More

ASTANA – The Astana Times has selected articles from global media outlets covering Kazakhstan. This week’s foreign media digest covers Kazakhstan’s foreign policy, the launch of a new supercomputer, human rights and more. Astana. Photo credit:...

Kazakhstan’s Food Corporation paid exporters and grain producers 8.2 billion tenge in transport subsidies

Kazakhstan’s Food Corporation paid exporters and grain producers 8.2 billion tenge in transport subsidies

As of June 30, 2025, Kazakhstan’s Food Corporation paid exporters and grain producers 8.2 billion tenge for the shipment of 371.1 thousand tons of wheat. As clarified by FCC, as of July 8, a total of 495 applications for transport cost...

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