IFC and Asian Credit Fund partner to increase access to finance in Kazakhstan
The International Finance Corporation (IFC), a member of the World Bank Group and Asian Credit Fund (ACF), one of the leading microfinance institutions
Business & Economy
KZ
Business & Economy
KZ
Kazakhstan begins construction of a plant for LPG supply from Kashagan oil field
Construction of a plant for the collection, transshipment and fractionation of liquefied petroleum gas (LPG) from the Kashagan oil field has begun in
Business & Economy
UZB
Uzbekistan unveils plans for information technology development
On July 1, Uzbekistan President Shavkat Mirziyoyev reviewed a presentation outlining plans in digital technologies, artificial intelligence, and telecommunications. Significant progress has been
International Affairs
KZ
Turkish company to build logistics infrastructure in Kazakhstan
One of Turkey’s leading logistics companies, S Sistem Lojistik, plans to invest approximately $100 million in the construction of a network of modern
Business & Economy
UZB
President announces initiatives to expand opportunities for Uzbekistan’s youth
Uzbekistan President Shavkat Mirziyoyev delivered a speech on the occasion of Youth Day, celebrated on June 30. According to the president, the conditions
International Affairs
TJK
Tajikistan launches strategic energy infrastructure in Pamir
In a major advancement for energy connectivity and resilience in Tajikistan’s Badakhshan Mountainous Autonomous Region (GBAO), the Government of Tajikistan late in June
International Affairs
KG
U.S. joins Ak Shumkar 2025 exercise in Kyrgyzstan
U.S. Air Forces Central and the Montana Army and Air National Guard partnered with the Kyrgyz Republic for exercise Ak Shumkar 2025, between June 23-27,
Business & Economy
KZ
India’s MSN Group to build pharmaceutical plant in Kazakhstan’s Almaty region
As a follow-up to the agreements reached during the visit of Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu
International Affairs
KG
Kyrgyzstan to enhance education quality with additional World Bank financing
The World Bank has approved additional financing of $6.36 million to complement the ongoing Learning for the Future Project in Kyrgyzstan. This initiative, originally launched with $50
Art & Culture
KZ
Preparing students to lead in a digital future
Zhanseit Tuimebayev is a distinguished statesman of the Republic of Kazakhstan, an esteemed diplomat, scholar, Doctor of Philological Sciences, professor, and Ambassador Extraordinary
International Affairs
UZB
Uzbekistan and Japanese company to launch pilot project to produce methane from biogas
A meeting was held at the Ministry of Ecology, Environmental Protection and Climate Change of Uzbekistan between Minister Aziz Abdukhakimov and Haruki Yamasaki,
Business & Economy
KG
EDB forecasts steady GDP growth for Kyrgyzstan
Kyrgyzstan’s GDP growth rate is projected to increase to 10.3% in 2025, after 9% a year earlier, according to the Eurasian Development Bank’s (EDB) latest Macroeconomic Outlook
International Affairs
KZ
Kazakhstan and Mongolia to strengthen transport and logistics cooperation
As part of his official visit to Mongolia, on June 26 Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu
Business & Economy
UZB
Uzbekistan to develop small hydropower sector with World Bank support
The World Bank says it has approved a $150 million concessional credit to support Uzbekistan in implementing a new project aimed at developing its potential
Business & Economy
KG
IFC invests in Kyrgyzstan’s first sustainability bond to support green and social projects
To increase access to green and social financing in Kyrgyzstan, IFC, a member of the World Bank Group, has announced a subscription of
Business & Economy
KZ
Germany’s Knauf to build dry mix plant in Kazakhstan’s Zhambyl region
On June 24 in Astana, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan Gabidulla Ospankulov signed an investment contract
Business & Economy
UZB
Large industrial enterprises in Uzbekistan to switch to renewable energy
On June 23, Uzbekistan President Shavkat Mirziyoyev reviewed a presentation on measures to supply major industrial enterprises with green energy. Uzbekistan is rapidly
Business & Economy
UZB
Young people in the focus of attention in Uzbekistan’s Karakalpakstan
On June 20, Chairman of the Jokargy Kenes of the Republic of Karakalpakstan Amanbay Orinbayev met with active youth of the city of
International Affairs
KG
Korea to support development of electric vehicle charging infrastructure in Bishkek
On June 23, a Memorandum of Understanding was signed between Kyrgyzstan’s Ministry of Economy and Commerce and South Korean companies EVSIS and NGS
Business & Economy
KZ
In 2024, Kazakhstan recorded its first-ever negative net FDI figure since independence
The United Nations Conference on Trade and Development (UNCTAD) has published its annual World Investment Report 2025, highlighting an 11% decline in global foreign direct