Kazakhstan News and Economic Updates
EBRD, Bank CenterCredit back AB Restaurants expansion in Kazakhstan
Kazakhstan's food-service sector is drawing fresh financing as AB Restaurants prepares to expand and refurbish part of its network in the country's two largest cities. The funding combines EBRD ...
Kazakhstan banking sector seen benefiting from easing inflation, S&P says
Kazakhstan's banking industry is entering a period of potentially improving monetary conditions as inflation slows and liquidity remains supported by a deposit-funded system. S&P Global Ratings ...
Higgsfield secures Nvidia, TCV backing in Series B extension
Artificial intelligence video startup Higgsfield is adding new strategic investors as it expands capacity to meet rising demand from brands and creators. The San Francisco-based company says the ...
InDrive targets 2027 robotaxi tests in Kazakhstan with Pony.ai and Nvidia
Kazakhstan is emerging as a new test market for autonomous ride-hailing as regulators prepare for pilot services in 2027. inDrive plans to start robotaxi trials in Astana in the first half of that ...
Kazakhtelecom expands AI compute capacity in Kazakhstan
Kazakhstan is moving from AI infrastructure planning to deployment as the country increases computing capacity for developers, enterprises and institutions. The expansion spans data center ...
Kazakhstan court orders six crypto platforms to curb services in regulatory crackdown
Kazakhstan is tightening oversight of digital-asset activity as authorities move against offshore platforms operating without local authorization. A court at the Astana International Financial ...
U.S.-Kazakhstan partnership talks focus on economic and security cooperation ahead of G20
Diplomatic engagement between Washington and Astana is centering on deeper strategic coordination before the G20 summit in December. Talks in Samarkand also highlight U.S. interest in broader ...
Samruk-Kazyna MTN program wins BBB rating from Fitch
Kazakhstan's sovereign wealth fund is moving to broaden its funding options through an inaugural medium-term note program rated at investment grade. The BBB assessment supports the fund's access ...
EIB advances Kazakhstan investment cooperation across transport, energy and digital links
Central Asia is gaining prominence in European investment policy as the European Investment Bank steps up work on cross-border infrastructure and industrial projects in Kazakhstan. A two-day ...
Beineu-Shymkent gas pipeline ratings withdrawn after issuer review
The withdrawal of credit ratings from the Beineu-Shymkent gas pipeline reflects a strategic review of the project's operations and positioning. Fitch Ratings says the move follows a request from ...
Solana Company to help Kazakhstan build blockchain megacity
Nasdaq-listed cryptocurrency company Solana Company has signed an agreement to support the development of Alatau City, Kazakhstan’s future digital megacity. The parties signed a memorandum of ...
Honeywell Aerospace starts trading as deal activity lifts focus on U.S. industrials and space
U.S. stock futures point higher on June 29 as investors assess a rebound from last week’s volatility in AI-linked shares and a fresh run of corporate dealmaking. New trading in Honeywell ...
China export curbs deepen tungsten supply shock for U.S. defense and industry
Wars in Ukraine and Iran are tightening global supplies of tungsten, a critical metal used in munitions as well as industrial tools and equipment. The pressure is especially acute for the U.S., ...
Iran war accelerates Kazakhstan rail project between China and Europe
Escalation in the Middle East is reshaping trade routes between Asia and Europe. Amid risks around the Strait of Hormuz, Kazakhstan is speeding up railway infrastructure development as it seeks ...
