Kazakh National Bank cuts base rate to 10.25 percent

ASTANA – The National Bank of Kazakhstan has reduced the base rate to 10.25 percent with a corridor of +/-1 percent, according to an Aug. 21 press...


National Bank should prevent inflation growth, Nazarbayev says

ASTANA – President Nursultan Nazarbayev during an Aug. 14 meeting with National Bank Chairman Daniyar Akishev noted that the country’s free floating national currency exchange rate is...


Local companies will be obliged to report greenhouse gas emissions

ASTANA – Domestic industrial enterprises will be obliged to provide online data on greenhouse gas emissions, said Kazakh Vice Minister of Energy Gani Sadibekov at the Aug....


More than 250 projects worth $5.1 billion launched in first two years of industrialisation plan

ASTANA – Kazakhstan launched 258 projects worth 1.7 trillion tenge (US$5.1 billion) in the first two years of its second five-year industrialisation plan. The plan is meant...


Kazakh, Austrian commission discusses energy, environmental protection and infrastructure

ASTANA – The Aug. 22 eighth session of the Kazakh-Austrian intergovernmental commission on economic, agricultural, environmental, industrial, technical and technological cooperation discussed bilateral cooperation in energy, mining,...


Barys begins 10th KHL season with roster of fresh faces

ASTANA – Barys Astana will begin the regular season of the Continental Hockey League (KHL) on Aug. 24 without some of its key players: the snow leopards...


“My father’s friend” – a lesson in parenthood

On Aug. 22, my dear father Marat Zhumagulov would have turned 60. The following story is from the series of my interesting memories of him. I hope...


UNICEF hosts hackathon, talks at EXPO 2017

ASTANA – Team Insaai from Kokshetau, which developed an ethno-style mobile gaming app in three languages, took first place at the United Nations Children’s Fund (UNICEF) “Innovating...


Hungary celebrates National Day at EXPO 2017, highlights shared cultural traditions

ASTANA – The Hungarian pavilion celebrated National Day Aug. 18 with a varied cultural programme. To commemorate the ethnic and economic ties between Kazakhstan and Hungary that...


Kazakhstan, Uzbekistan sign first military cooperation plan

ASTANA­­ – Kazakhstan and Uzbekistan signed their first Military Cooperation Plan during a recent meeting between Kazakh Minister of Defence Colonel General Saken Zhasuzakov and Uzbek President...


Kazakhstan and Afghanistan improve ties

ASTANA ­­– Afghan Chief Executive Abdullah Abdullah travelled to Kazakhstan Aug. 19 to unveil Afghan National Day at EXPO 2017 and meet with the country’s high officials...


Kazakh boxer claims WBC Youth World Light Heavyweight Title

ASTANA – Kazakh boxer Ali Akhmedov recently became the WBC Youth World Light Heavyweight champion by beating previously undefeated 23-year-old American Curtis Hill Jr. in Austin, Texas....


Kazakh MFA, Chief Editors’ Club award foreign media contest winners

ASTANA – The Kazakh Foreign Ministry and Chief Editors’ Club awarded Aug. 21 the winners of the Fourth International Kazakhstan through the Eyes of Foreign Media Contest....


Kazakh oil export revenues have increased 53 percent in 2017

ASTANA – Almost 80 percent of all oil produced in the country is exported. The revenues of the Kazakh budget from the export of crude oil increased...


Charity Tour de Burabay marks fifth anniversary, raises $481,000

ASTANA – Charity Tour de Burabay, an annual cycling ride for charity, gathered 1,500 people Aug. 19, including 718 participants along with professional cyclists, sports and government...


Government to equip hospitals with medical information systems by 2019

ASTANA – All medical organisations in Kazakhstan will be provided with information systems by the end of 2018, said Vice Minister of Healthcare Alexei Tsoi. He said...


Chinese entrepreneurs to build solar power plant in South Kazakhstan

ASTANA – Chinese entrepreneurs plan to build a 200 MW solar power plant in the Otyrar district of the South Kazakhstan region, according to Chinese company Qingdao...


America’s options in Afghanistan and why Kazakhstan should care

This autumn, the War in Afghanistan will slip into its sixteenth year. America’s Afghan War, which currently serves as one of several theatres in the global war...


Celtic FC crushes Astana 5-0, nearly eliminates its chances to advance in champions league

ASTANA – FC Astana suffered a major 0-5 defeat from Celtic FC in the first match of the UEFA Champions League playoffs on Aug. 16. It was...


Experts gather at Nazarbayev University, discuss economic diversification and good governance

ASTANA – Nazarbayev University hosted the Good Governance and Economic Diversification in Resource-Rich Economies conference Aug. 17-19, bringing approximately 40 participants and eminent academics and speakers to...


A milestone in nuclear non-proliferation: IAEA Low Enriched Uranium Bank in Kazakhstan

The long-awaited launch of the Low Enriched Uranium Bank on Aug. 29 is a bright spot in what has been a gloomy period of increasing international tension....


Confronting nuclear dangers

The goal of eliminating nuclear weapons from this planet received a timely boost this year with the successful negotiation of a Treaty on the Prohibition of Nuclear...


National Geographic features new documentary about Astana’s city structures

ASTANA – “Megastructures: Astana, City of the Future,” National Geographic’s new documentary about the capital’s architectural structures, premiered as part of EXPO 2017. The film includes interviews...


Italian stunt person creates breathtaking bicycle videos in Astana

ASTANA – Italian stunt person Vittorio Brumotti, known for his road bike cycling tricks, was in the capital this month to shoot several exciting new videos. A...


EXPO 2017 will not be extended beyond Sept. 10 closing date

Despite urging from Astana area businesses, EXPO 2017 will not be extended past its scheduled Sept. 10 closing date, Astana EXPO 2017 national company director of public...


Nazarbayev stresses need to create agricultural science centre

Kazakh President Nursultan Nazarbayev stressed to Rector of the Kazakh National Agrarian University (KazNAU) Tlektes Yesspolov the need to create a national science centre in the field...


National investment strategy seeks 26% foreign investment increase in five years

ASTANA – The Kazakh government approved Aug. 15 a national investment strategy for 2018-2022 which seeks to increase foreign investments 26 percent in five years and create...


EXPO 2017 numbers show economic, promotional impact

ASTANA – EXPO 2017 has had a significant economic and promotional impact, including increased product sales, restaurant visits and thousands of social media and news organisation mentions....


Kazakh, Bolivian foreign ministers sign political declaration in Astana

ASTANA – During his first official visit to Kazakhstan, Bolivian Minister of Foreign Affairs Fernando Huanacuni Mamani met Aug. 17 with Kazakh Prime Minister Bakytzhan Sagintayev and...


Pierre Cardin to present his new collection in Astana

ASTANA – World-famous designer Pierre Cardin will arrive in Astana Sept. 1 to present his new collection designed specifically for Kazakhstan. The show will last three days...