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News
Foreign media on Kazakhstan: Infrastructure investment, global education ambitions and Elena Rybakina’s historic rise to No. 1
5+ hour, 14+ min ago (808+ words) According to Eureporter, Kazakhstan is preparing to use part of its National Fund to finance major infrastructure projects, potentially shifting sovereign wealth from financial savings into assets that support long-term economic growth. The country plans to allocate more than $4 billion…...
UAE’s ADCB plans to triple project financing in Kazakhstan
4+ day, 3+ hour ago (284+ words) Abu Dhabi Commercial Bank Kazakhstan (ADCB Kazakhstan) plans to triple the volume of financing for projects in Kazakhstan over the next 18 months, Chairman Farooq Al Marzooqi said during a meeting with Kazakh Prime Minister Olzhas Bektenov, Qazinform News Agency cites…...
S&P improves assessment of Kazakhstan’s banking sector
1+ week, 7+ hour ago (383+ words) S&P Global Ratings has upgraded its assessment of Kazakhstan’s banking sector industry risk from Group 7 to Group 6 and revised the outlook on economic risk from stable to positive, Qazinform News Agency reports, citing the Agency for Regulation and Development…...
SCO trade turnover to near USD 1 trillion, Tokayev
1+ week, 5+ day ago (251+ words) At the SCO Summit in Bishkek, Kazakh President Kassym-Jomart Tokayev emphasized the strategic importance of strengthening trade, economic, and investment partnerships among member states, Qazinform News Agency learnt from the Akorda press service. He said trade turnover among SCO countries…...
Per capita GDP to exceed $14 thousand in 2013
2+ week, 1+ day ago (295+ words) "The Forecast was formed taking into consideration the GDP growth in 2011, results of the economic development in the first half of 2012, expected production output of the basic products as well as the current situation in the world commodity markets and…...
Canada imposes tariffs of up to 50% on U.S. goods
2+ week, 4+ day ago (251+ words) Canada will impose counter-tariffs of 15%, 25% and 50% on selected goods from the United States starting September 8, 2026, covering U.S. imports worth C$27.6 billion. The measures are designed to match U.S. tariffs on the same products, Qazinform News Agency correspondent reports. The list contains 874 tariff…...
Government approves 2027-2029 draft national budget
2+ week, 5+ day ago (172+ words) The Government of Kazakhstan has approved the country’s Socioeconomic Development Forecast, as well as the draft law on the national budget for 2027-2029, Qazinform News Agency reports. "It is crucial to ensure the most efficient and timely use of budget funds,…...
U.S.-Canada trade war escalates as Trump threatens 50% tariffs
2+ week, 5+ day ago (342+ words) The trade dispute between the United States and Canada has intensified after negotiations between the longtime allies collapsed, prompting new tariffs and threats of further measures, reports a Qazinform News Agency correspondent. U.S. President Donald Trump announced that tariffs on Canadian…...
South Korea keeps fuel price caps in place amid Mideast tensions
3+ week, 1+ day ago (235+ words) The South Korean government on Friday kept its price ceilings for fuel products unchanged for the second consecutive period amid elevated oil prices and prolonged tensions in the Middle East, the industry ministry said, Yonhap reported. Maximum prices for regular…...
US imposes 50% tariffs on $28bn in Canadian goods as trade talks collapse
3+ week, 1+ day ago (311+ words) The United States has imposed 50% tariffs on roughly $28 billion worth of Canadian goods after trade negotiations between the two countries broke down, Qazinform News Agency correspondent reports. In a statement on August 21, Canadian Prime Minister Mark Carney said he had…...