Kazakhstan
Russia, Turkey and Iran condemn Israel's actions in Syria
Russia, Turkey and Iran have adopted a joint statement on Syria at the Astana format meeting, condemning Israeli military actions in Gaza, Lebanon and the West Bank.
URUS-ClearPic: M&A in Central Asia Tracker
In recent years, the economies of Central Asia have witnessed various mergers and acquisitions driven by economic restructuring, geopolitical developments and opportunities arising from regional connectivity initiatives.
Freedom Holding Corp reports 33% revenue growth in 2Q24, expands in Central Asia and Europe
The NASDAQ-listed Freedom Holding Corp. has reported a 33% y/y revenue increase in the second quarter to $580.9mn, the fund said in a press release on November 8.
PMI shows Kazakhstan’s service sector activity fell back into contraction in October
Lower demand experienced, but market participants remain optimistic, expecting new contracts and investment opportunities over the next 12 months.
Ukraine war fuelling a manufacturing and FDI boom in the CIS
The war in Ukraine is fuelling a FDI and manufacturing boom in the Commonwealth of Independent States (CIS) as local entrepreneurs rush to fill the gaping holes left in Russia’s supply chains by departing Western firms, reports Oxford Economics.
_0_1730894470.png)
Kazakhstan sustained manufacturing growth in October, PMI data shows
Demand continues to grow. Production and new orders have been in "optimistic zone" for eight straight months.