Finance
KEGOC paid management nearly 500 million tenge in a year
KEGOC paid management 496.3 million tenge in 2025. The company did not disclose the number of recipients or individual amounts. Net profit rose to 70.8 billion tenge.
Kazakhstan's IT Services Exports Surge to $1.142 Billion in Five Years
Kazakhstan's IT services exports grew from $33.5 million in 2020 to $1.142 billion in 2025, making the country a net exporter. The goal is $5 billion by 2030.
Kazakhstan's Water Sector Investments Surge to 677 Billion Tenge
Investments in Kazakhstan's water sector grew to 677 billion tenge over two years, up 79%. Funds will go to construction and modernization of infrastructure.
S&P raises Kazakhstan's credit rating to BBB for first time since 2016
S&P Global Ratings raised Kazakhstan's sovereign credit rating to BBB, the first upgrade since 2016, citing economic resilience and strong reserves. GDP growth expected at 5.1% by 2026.
August 21, 2026
Kazatomprom Signs Major Uranium Supply Deals with China and Russia
Kazatomprom signs major uranium supply deals with China and Russia; net profit down 9%, revenue up 9% in H1.
August 21, 2026
Kazakhstan Tightens Credit, Retail Trade Slows
Kazakhstan's retail trade grew 4.1% in 7 months, slowing due to credit tightening. Halyk Finance notes a shift in spending towards food.
August 21, 2026
Google, Apple, Temu: How Much Kazakhstan Earned from Foreign Internet Companies
Foreign internet companies have paid 178.8 billion tenge in 'Google tax' to Kazakhstan since 2022. In 2025, revenues hit 57.6 billion tenge, led by Temu, Apple, and Valve.
August 21, 2026
Kazakh Insurers Double Client Rights Violations
Kazakh insurers faced 117 regulatory measures in 7 months of 2026, double the previous year, with delays and cybersecurity issues among top violations.
August 21, 2026
Expert: How to Keep Your Car's Value After a Year of Use
Expert explains how to maintain your car's value after a year: factors affecting price, maintenance and selling tips.
August 21, 2026
Kazakhstan to Ban Banks and MFOs from Imposing Extra Services Without Client Consent
Kazakhstan approves new rules for financial products: banks and MFOs must disclose costs, avoid imposing services, and assess suitability.
August 21, 2026
Console Price Hikes Crush Sales in Gaming Industry
Rising console prices have led to a sharp drop in gaming industry sales. US spending on hardware fell 29%, while Xbox and PlayStation costs rose by hundreds of dollars.
August 20, 2026
Kazakhstan's Trade Investments Reach 637.2 Billion Tenge
Kazakhstan's trade investments reached 637.2 billion tenge in January-July 2026, up 22.3% year-on-year. Almaty leads with 204.3 billion tenge.
August 20, 2026
Kazakhstan Bans Tax Deductions on Transactions with Simplified Taxpayers from 2026
From 2026, Kazakhstani companies cannot deduct expenses on transactions with simplified taxpayers when calculating CIT. Details in the new Tax Code.
August 20, 2026
Kazakhstanis Shun Dollar Deposits Despite Favorable Exchange Rate
In Q2 2026, foreign currency deposits in Kazakhstan barely grew, with dollarization hitting a record low of 19.8%.
August 20, 2026
Kazakhstanis Prefer Deposits with Lower Rates
In Q2 2026, savings deposits in Kazakhstan fell by 7.2%, while term deposits surged fivefold. Kazakhstani prefer lower-yield but more flexible deposits.
August 20, 2026
Halyk Bank to Pay Shareholders Over 300bn Tenge Again This Year
Halyk Bank will pay shareholders 306.6 billion tenge in dividends for 2025. Payments start September 7. The bank also increased payout frequency to four times a year.
August 20, 2026
Dollar Continues to Fall: Exchange Rate Drops Nearly 4 Tenge in Kazakhstan
The dollar exchange rate in Kazakhstan fell by 3.82 tenge, reaching 458.23 tenge. Find out current exchange rates at exchange offices in Astana, Almaty, and Shymkent.
August 20, 2026
Kazakhstanis increasingly choose tenge for deposits
Retail deposits in Kazakhstan exceed 30 trillion tenge, with foreign currency share at record low of 19.8%. Tenge deposits drive 96% of growth.
August 20, 2026
Kazakhstanis Can Return Unwanted Loans Without Penalties
Kazakhstanis now have the right to cancel unsecured loans or insurance within 14 days without penalties. New rules take effect on October 12, 2026.
August 20, 2026
Kazakh Banks Recover Profits After June Slump
In July, Kazakh banks earned 201 billion tenge, recovering from June's drop. Profits rose 26% from June but fell 23% year-on-year.
August 20, 2026
Auto Overproduction Could Spell Trouble for Kazakh Producers, Experts Say
Kazakhstan's auto industry is growing, but the market is oversaturated, exports have collapsed, and state support may shrink. Experts warn of risks.
August 19, 2026
Almaty Region launches 5% mortgage with 10% down payment
Almaty region launches preferential mortgage 'Alatau' at 5% annual interest with a down payment from 10%. Learn the conditions, who can participate, and how points are awarded.
August 19, 2026
Alimony Stays: Which Debts Are Not Written Off in Kazakhstan Bankruptcy
Learn which debts are not discharged in Kazakhstan bankruptcy, including alimony, compensation for harm, and other obligations.
August 19, 2026
Alatau City Bank to Support New Mortgages for Under-Construction Housing
Alatau City Bank will advise borrowers and accept documents for Orda Aimak and Orda Aimak Plus mortgages. Program terms, rates, and changes from September 1.
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