Economy
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Kazakhstan to increase share of renewable energy to 15% by 2030
Kazakhstan and the European Union have agreed to jointly develop renewable energy projects in Kazakhstan. The goal is to increase…
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Türkiye reduces reliance on Russian marine fuel with increased imports from Turkmenistan
Türkiye imported a record 8,787 tons of marine fuel from Turkmenistan in April 2023, according to the Turkish Energy Market…
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Kazakhstan and Hungary explore cooperation opportunities
Trade between Kazakhstan and Hungary is growing steadily. In the first quarter of 2023 alone, Kazakhstan exported 38% more goods…
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Kazakhstan, Azerbaijan and Georgia launch joint logistics company
Kazakhstan, Azerbaijan, and Georgia have signed an agreement to create a single logistics company that will boost trade along the…
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Kazakhstan to boost gas and oil output
Kazakhstan is expected to produce 90.5 million tons of oil in 2023, which is 7% higher than in 2022. The…
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Wildberries to invest $94.6 million in logistics centers in Kyrgyzstan
The Russian e-commerce giant Wildberries is planning to build two logistics centers in Kyrgyzstan, according to the company’s founder, Tatyana…
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Kazakhstan imposes temporary ban on import of jet fuel from Russia
Kazakhstan Temir Zholy (KTZ), the national railway company in Kazakhstan, has banned the supply of jet fuel from Russia to…
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Kazakhstan’s GDP growth for the first five months reached 4.5%
Prime Minister Alikhan Smailov announced that Kazakhstan’s GDP growth for the first five months of the year stood at 4.5%…
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Air Astana faces $15mn fine over ticket prices
On June 8, the Specialized Administrative Interdistrict Court of Almaty imposed an administrative fine of 6.7 billion tenge on Air…
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Kazakhstan plans to build Industrial Trade and Logistics Complex on border with Kyrgyzstan
An industrial trade and logistics complex will be established on the border of Kazakhstan and Kyrgyzstan. The agreement was signed…
