Finance
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World
Turkish Citizen Extradited from Baku to Kazakhstan for Alleged Involvement in Transnational Crime
According to the Prosecutor General’s Office of the Republic of Kazakhstan, a Turkish national has been extradited from Azerbaijan to…
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Economy
EBRD Purchases 5% Stake in Air Astana, Aims for Sustainability and Expansion
The European Bank for Reconstruction and Development (EBRD) has acquired a 5% stake in Air Astana through an initial public…
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Economy
Uzbekistan’s Currency, the Som, Faces Devaluation Challenges
Recent reports indicate that the Uzbek som has been included in a list of devalued currencies, reflecting significant weakening against…
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Economy
Kazakhstan to Implement 180 New Industrial Projects Worth 1.2 Trillion Tenge in 2024
In the preceding year, a significant milestone was reached with the implementation of 170 projects valued at 928 billion tenge…
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Economy
Smailov: EAEU Mutual Trade Surpasses $85 Billion Mark
Present at the meeting were the heads of government from Armenia, Belarus, Kazakhstan, and Russia, alongside the First Deputy Chairman…
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Economy
Poverty Levels Witness a 3% Decline in Uzbekistan
In 2023, the poverty rate in the country decreased from 14% to 11%, reflecting a notable improvement in the economic…
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Economy
Government to Support 60,000 Business Projects in Kazakhstan in 2024
During the meeting, Minister of National Economy Alibek Kuantyrov highlighted the state’s ongoing efforts to enhance business conditions, reduce administrative…
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World
Average Monthly Salary in Uzbekistan’s Capital Reaches $370 in 2023
The average monthly nominal wage for the entire country at the end of 2023 is reported to be 4.551 million…
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Economy
Kazakhstan and Tajikistan Forge Banking Sector Cooperation
Held in Dushanbe on January 26, 2023, the discussions encompassed various aspects of cooperation, including the facilitation of interbank settlements…
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Economy
Kazakhstan Secures 61st Global Ranking for Average Monthly Wages
In January, the “net” salary after taxes in Kazakhstan, according to Numbeo analysts, amounted to $585 (260.8 thousand tenge), according…