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West might talk tough on Russia sanctions enforcement, but it may have to settle for half-hearted promises from region.
A joint investigation by German magazine Der Spiegel and the Organised Crime and Corruption Research Centre has uncovered details of how banned technology is avoiding sanctions and is being shipped via Kazakhstan into Russia.
The US Agency for International Development (USAID) is leading an expedition to the dried bottom of the Aral Sea providing an opportunity for a group of international development representatives and ...
Kazakh President Kassym-Jomart Tokayev has proposed to the European Economic Union (EEU) the construction of a high-speed freight rail link between Kazakhstan and Iran, RIA Novosti reported on May ...
Leaders of the Eurasian Economic Union gathered in the Kremlin for a summit on May 25, as Russia takes over the chairmanship pursues a strategic break with Europe.
Trade turnover between Uzbekistan and Kazakhstan gained by 7% y/y from January to April, Azernews reported. Total trade volume reached ...
Beijing woos region at a time when Russia is too distracted by the Ukraine war to focus effectively on its backyard.
Stans were eager for red carpet treatment. Notably, Russia was not invited.
Sberbank Kazakhstan was the second largest commercial bank and one of the leading banks that financed small and medium enterprises and the corporate sector.
Part of the reason the NDB was set up is that the inflow of investment to the emerging world has underperformed in the last few decades and the investment needs remain enormous.
Development bank holds its annual meeting in Central Asia for the first time in 12 years.
Gold, silver and copper miner in difficulty as Moscow has listed Jersey, where it is headquartered, as an “unfriendly country”.
Degree of optimism among firms, however, registers a 30-month low.
Companies boosted amid strengthening demand. Output up for second month in a row due to growth in new orders. Purchasing activity also increased. Price and supply pressures eased, but staff retention causing difficulties.
The Uzbek government is looking to resolve the country’s gas supply crunch by making changes in legislation aimed at developing renewable energy sources (RES) and cutting gas consumption.
At least one leading financial services company is cutting back its exposure to Russian nationals.
Trading driven by covid rebound and rising importance of five ‘stans’ as manufacturing and transit economies due to sanctions imposed on Russia’s economy.
Announcement comes as company, valued at $6.5bn during 2020 London IPO, reports 52% y/y expansion in adjusted 1Q23 profits.
Downward trajectory partly brought about by outflow of exiled Russians who can no longer get simple visa renewals.