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The Central. Asia

The Central. Asia

News from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan
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Category: Kazakhstan

Germany maintains status as Kazakhstan’s top EU trading partner
Categories Kazakhstan

Germany maintains status as Kazakhstan’s top EU trading partner

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 30, 2024

Germany remains Kazakhstan’s largest trading partner within the European Union, while Kazakhstan is listed among Germany’s top 50 foreign trade partners, according to the…

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Kazakhstan to tap into Tajik electricity with Uzbekistan’s transit support
Categories Kazakhstan

Kazakhstan to tap into Tajik electricity with Uzbekistan’s transit support

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 29, 2024

Kazakhstan is set to begin importing electricity from Tajikistan, utilizing Uzbekistan’s transit capacity, the Kazakh Ministry of Energy reported. This initiative is part of…

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Over 350,000 children to enter elementary school in Kazakhstan this autumn
Categories Kazakhstan

Over 350,000 children to enter elementary school in Kazakhstan this autumn

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 29, 2024

A total of 351,176 children are to start school in Kazakhstan in the new 2024/25 academic year. Approximately 70% of them will study in…

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Kazakhstan estimates $10bn to $15bn for nuclear power plant construction
Categories Kazakhstan

Kazakhstan estimates $10bn to $15bn for nuclear power plant construction

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 28, 2024

Kazakhstan has estimated the capital cost for constructing the nuclear power plant to be between $10bn and $15bn, according to Timur Zhantikin, General Director…

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National Bank of Kazakhstan forecasts inflation slowdown to 5.5-7.5% in 2025
Categories Kazakhstan

National Bank of Kazakhstan forecasts inflation slowdown to 5.5-7.5% in 2025

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 28, 2024

At a recent government meeting, Timur Suleimenov, Chairman of the National Bank of Kazakhstan, presented a report forecasting a slowdown in inflation for 2025.…

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Kazakhstan and China partner to develop trade and industrial park in Astana
Categories Kazakhstan

Kazakhstan and China partner to develop trade and industrial park in Astana

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 28, 2024

Kazakh Invest and Chinese company Xinjiang Hengyuan Investment Management have signed a Memorandum of Understanding (MoU) on August 23 to develop a major Kazakhstan-China…

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KazMunayGas records over $1bn net profit for 1H24
Categories Kazakhstan

KazMunayGas records over $1bn net profit for 1H24

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 27, 2024

KazMunayGas (KMG), Kazakhstan’s leading oil and gas company, recorded a net profit of KZT 550bn ($1.1bn) for 1H24, according to its latest financial statement.…

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Kazakh fintech giant Kaspi.kz seeks stake in Uzbekistan’s Humo payment system
Categories Kazakhstan

Kazakh fintech giant Kaspi.kz seeks stake in Uzbekistan’s Humo payment system

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 27, 2024

Kaspi.kz, a leading financial technology company from Kazakhstan, has expressed its intent to participate in the privatization of the Humo payment system in Uzbekistan. …

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Kazakhstan, Germany establish new partnerships in education, agriculture, and water management
Categories Kazakhstan

Kazakhstan, Germany establish new partnerships in education, agriculture, and water management

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • August 26, 2024

Deputy Prime Minister of Kazakhstan Kanat Bozumbayev recently concluded a series of high-level meetings in Germany to discuss and agree upon new collaborative projects. …

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Kazakh-Tajik Investment Forum results in $900mn worth of signed agreements
Categories Kazakhstan

Kazakh-Tajik Investment Forum results in $900mn worth of signed agreements

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 24, 2024

The Kazakh-Tajik Investment Forum, held in Dushanbe on August 21, concluded with signing commercial agreements and contracts worth approximately $900mn. The forum took place…

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