July 28, 2026
ERG may sell Brazilian assets to Portugal's Mota-Engil
ERG in final talks to sell Brazilian subsidiary BAMIN to Portugal's Mota-Engil. Deal may be signed within two months, involving $5 billion iron ore project and infrastructure.
July 28, 2026
Oil Prices Plunge After Recent Surge: Factors and Dynamics
Brent oil prices fell to $84 after nearly reaching $100. Supply disruption fears eased amid US-Iran talks and resumption of Kazakhstan's oil shipments via CPC.
July 27, 2026
Tenge Strengthens Against Dollar Despite Oil Price Drop
The tenge strengthened to 473.40 per dollar on KASE despite a 6.54% drop in Brent oil. Exports via CPC resumed. Trading volume reached $433.5 million.
July 27, 2026
Nostrum Oil & Gas in Talks to Sell Kazakhstan Business Amid Losses and Debt
British oil company Nostrum Oil & Gas is selling its Kazakhstan business due to mounting losses and debt. A potential buyer emerged, but bankruptcy remains an option.
July 27, 2026
Experienced Dutch Banker Henk Jan Hoogendoorn Appointed Independent Director of Halyk Bank
Kazakhstan's financial regulator approved Henk Jan Hoogendoorn as independent director of Halyk Bank on July 24, 2026. He brings over 30 years of international banking experience.
July 27, 2026
Kazakhstan resumes oil exports through CPC after drone attack suspension
Kazakhstan resumes oil exports through Caspian Pipeline Consortium after drone attack suspension; loading operations restart at Novorossiysk terminal.
July 27, 2026
Kazakhstan tenge strengthens as dollar falls after sharp rise
After a sharp rise, the dollar fell by 3 tenge on Monday to 473.4 tenge. The euro also dropped. See detailed exchange rates in Astana, Almaty, and Shymkent today.
July 27, 2026
Why Kazakhstan's Tenge Weakened 20 Tenge in a Month and May Fall Further
The dollar rose over 20 tenge on KASE since mid-July. Analysts at AFC explain the tenge's weakening after the base rate cut. Further dollar gains possible.
July 27, 2026
Kazakhstan allocates 384 billion tenge for power plant repairs in 2026
Kazakhstan allocates 384 billion tenge for power plant repairs in 2026. Work is on schedule despite less than half completed. Five CHP plants under scrutiny.
July 27, 2026
Kostanay man jailed for illegal crypto trading worth billions of tenge
A 28-year-old Kostanay man sentenced to 2 years for illegal crypto trading on Binance, with 1.9 billion tenge, cars, and crypto confiscated. Banned from digital asset operations for 7 years.
July 26, 2026
Elon Musk Loses Trillionaire Status, Calls Himself 'Ex-Trillionaire'
Elon Musk lost his trillionaire status 12 days after his record. His net worth dropped to $725 billion, but he remains the richest person in the world.
July 26, 2026
Kazakhstan to Keep Pension Savings Guarantee, Only Payment Mechanism to Change
Kazakhstan's state guarantee for mandatory pension savings will remain after 2027; only the mechanism for compensatory payments is being adjusted, the labor ministry reports.
July 26, 2026
Uzbekistan Allows Government Bonds as Stablecoin Collateral
Uzbekistan expands stablecoin collateral rules to include government bonds, tightening protections for digital asset holders under a new regulatory framework.
July 26, 2026
Kazakhstan's Pension Savings Rules to Change from 2027
Starting in 2027, Kazakhstan will change pension savings payout rules. Citizens can transfer up to 100% of savings to private managers. More on infohub.kz.
July 26, 2026
BAIC to Start Production of Five SUV and Crossover Models in Kazakhstan
BAIC to start production of five SUV and crossover models in Kazakhstan at the SaryarkaAvtoProm plant in Kostanay. Details on BJ60, BJ40, BJ30, X35, X55.
July 24, 2026
Dollar sharply strengthens in Kazakhstan to 476 tenge
The US dollar surged sharply on KASE on July 24, reaching 476.07 tenge, a rise of nearly 10 tenge in one day. The national currency weakened. Full details on infohub.kz.
July 24, 2026
Banks Didn't Want to Launch Unified QR – Suleimenov
Kazakh central bank chairman says banks reluctant to adopt unified QR, preferring own systems. National Bank pushed project, large banks supported.
July 24, 2026
Kazakhstan's Republic Holding posts 1.6 billion tenge profit in 2025
Financial holding Republic posted 1.6 billion tenge in net profit for 2025. Major shareholder Yerkin Koshkinbayev. Subsidiaries in Kazakhstan and Kyrgyzstan.
July 24, 2026
Kazakhstan Cuts Deposit Payout Time for Troubled Banks
A new banking law in Kazakhstan reduces the maximum deposit payout period from 35 to 20 business days. The KFGD has already paid 38 billion tenge within just 6-8 days.
July 24, 2026
Bank of Russia surprises analysts with rate cut to 14%
Bank of Russia unexpectedly cuts key rate to 14%, catching analysts off guard. It also raised 2026 inflation forecast to 6-7% from 5.1-5.6%, citing fuel costs.
July 24, 2026
Kazakhstan Auto Parts Production Surges 52.7% in First Half of 2026
Kazakhstan's auto parts production jumped 52.7% in H1 2026 to 327.8M tenge, driven by localization projects in Kostanay and Almaty aiming for 51% local content.
July 24, 2026
Damu Fund's Executive Pay Hits 315.4M Tenge Amid Board Expansion
Damu Fund executive pay rose to 315.4M tenge in 2025, up 34.9% from 2024, but average per board member fell 3.7% as board expanded from 5 to 7 members.
July 24, 2026
Over 20 Billion Tenge Approved for SME Projects: Hundreds of Applications Greenlit
The unified SME program 'Isker aimaq' has approved over 300 projects worth over 21 billion tenge in Kazakhstan. In 2026, funding is planned to increase to 400 billion tenge.
July 24, 2026
OPEC+ likely to raise oil output again in September
OPEC+ may agree to increase oil production by 188,000 bpd from September. Decision pending August 2 meeting. Prices near $100 amid Middle East tensions.
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