Kazakhstan

Putin apologises for Azerbaijan Airlines disaster amid missile speculation

bne IntelliNews December 28, 2024

Russian President Vladimir Putin has apologised to Azerbaijan's President Ilham Aliyev for what he termed a "tragic incident."

Central Asia emerges as new e-commerce hub

bne Central Asian bureau December 27, 2024

The Central Asian region, encompassing five countries with a combined population of 75mn — Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan — is poised for an e-commerce boom.

Did Russia shoot down the Azal passenger plane that crashed in Kazakhstan?

bne IntelliNews December 26, 2024

Confusion reigns over what on December 25 brought down the Azal passenger plane, killing 38 of 72 people on board. Some evidence points to a bird strike, other evidence to a Russian missile.

Plane crashes in Kazakhstan on Baku-Grozny flight with nearly 70 onboard

bne IntelliNews December 25, 2024

An Azerbaijan Airlines flight traveling from Baku to Grozny crashed in Kazakhstan with nearly 70 passengers onboard on December 25. Two dozen survivors are in a critical condition, according to reports.

World Bank approves $350mn as Tajikistan bids to fund completion of $6.3bn Rogun mega hydro project

bne IntelliNews December 18, 2024

Funding agreed despite environmentalists warning “biggest dam in the world” investment “will turn into a nightmare”.

Russia sells stakes in Kazakhstan uranium JVs to China

bne IntelliNews December 18, 2024

Move kicks off debate on whether move illustrates a loss of Kremlin influence in Central Asia.

Growing Islamic finance in Central Asia to unlock GCC investment

bne IntelliNews December 16, 2024

The Eurasian Development Bank, the Islamic Development Bank Institute and the London Stock Exchange Group have joined forces to support the rapid development of Islamic finance in Central Asia.

Freedom Holding Corp brings FIDE world rapid & blitz chess championships to Wall Street

bne IntelliNews December 13, 2024

The worlds of finance and chess may seem very different. However, there are some surprising similarities between chess and business when it comes to strategic planning, decision-making and adapting to ever-changing circumstances.

Russia’s economic woes starting to overflow into Kazakhstan

bne IntelliNews December 13, 2024

Kazakh currency takes a plunge.

COMMENT: Azerbaijan, Kazakhstan and China accelerate efforts to expand the Middle Corridor

Seymur Mammadov in Baku December 11, 2024

Pressing need for expanded infrastructure as freight traffic along the Trans-Caspian International Transport Route increases.

Growth returned to Kazakhstan service sector in November, PMI shows

bne IntelliNews December 5, 2024

Fresh improvement in underlying trends. Cost pressures remained subdued. New hiring sustained but job creation growth only marginal.

Kazakh manufacturing sector sees sharp improvement in November, PMI data shows

bne IntelliNews December 3, 2024

Situation, however, clouded by logistical problems, rising raw material and supply costs and significant depreciation of national currency.

CSTO states express serious concern over terrorist threat in Afghanistan

bne IntelliNews December 1, 2024

Putin says country’s security situation stabilising, but killing of Chinese worker in Tajikistan in possible cross-border raid has raised anxiety.

Putin juggles a “friendly” state visit to Kazakhstan with chilling missile threats for Ukraine

bne IntelliNews November 29, 2024

Anticipated announcements on big economic deals failed to materialise. Warnings Moscow could hit Kyiv with game-changing “Oreshnik” strikes did.

Single time zone in Kazakhstan messing with citizens’ circadian rhythms

bne IntelliNews November 28, 2024

Business owners contend fewer people are going out, spending money.

Armenia refuses to host Eurasian Economic Union summit

bne IntelliNews November 28, 2024

Yerevan's refusal to host the summit comes amid growing tensions with Russia over the latter's inaction against Azerbaijan's military activities in Armenia and Nagorno-Karabakh.

EBRD warns of risks for emerging markets pursuing industrial policies

Clare Nuttall in Glasgow November 26, 2024

Industrial policy is back "with a vengeance” but can have a distorting effect, EBRD chief economist Beata Javorcik told bne IntelliNews

COP29: Central Asian states losing arable land

Eurasianet November 25, 2024

Almost one-third of Tajikistan’s farmland in “critical” condition.

INTERVIEW: Asian Infrastructure Investment Bank financing Central Asia’s green future

bne IntelliNews November 25, 2024

The Chinese-owned multilateral development bank, Asian Infrastructure Investment Bank (AIIB), has become a major player in Eurasia and a driving force between driving sustainable development in the region.

Turkmenistan, the isolationist black sheep of the five ‘Stans family

bne IntelliNews November 22, 2024

Ancient rivalries and a tortured relationship with Russia have made Turkmenistan the black sheep in the Central Asian family. But that is beginning to change as economic interests are slowly pulling the gas-rich country out of its isolationism.

Dismiss