
Oil prices edge higher amid US-Iran tensions
Oil prices rise amid US-Iran conflict. Brent hits $85.5, WTI near $80. Goldman Sachs warns prices could reach $110 by year-end on naval blockade fears.

Oil prices rise amid US-Iran conflict. Brent hits $85.5, WTI near $80. Goldman Sachs warns prices could reach $110 by year-end on naval blockade fears.

Kazakhstan aims to increase rare earth metal production by 40% by 2028, with investments from German, British, and US companies, says Minister Kanat Sharlapaev.

Two Kazakh entrepreneurs, Nurlan Smagulov ($1.3B) and Aydin Rakhimbayev ($1.1B), debut on Forbes billionaires list. Vyacheslav Kim remains richest at $7.8B.

Nurlan Artykbaev sold an 8.9% stake in Kazakhtelecom to Samruk-Kazyna. The fund's stake rose to 91.27%. The businessman earned about 35 billion tenge in a year.

The Islamic Development Bank will provide grants and financing for water projects in Kazakhstan, with first tranches expected in 2024. Negotiations took place in Saudi Arabia.

Kazakhstani citizens can now manage 100% of their pension savings via private management companies, says Deputy Nartai Aralbaiuly, with state guarantees.

Food inflation in Kazakhstan declines for third consecutive week in Akmola and Zhambyl regions. Deputy PM Zhumangarin chaired meeting on SSFP food prices.

After the dollar's decline on KASE, exchange offices cut rates. Find current currency rates for July 15, 2026 in Almaty, Astana, Shymkent: dollar, euro, ruble.

Five Kazakh banks (Alatau City, Forte, Kaspi, Halyk, Freedom) received universal licenses for all operations including interbank loans and guarantees.

National company KazMunayGas explained that its board members received over half a billion tenge in bonuses, dependent on individual KPIs, says Chairman Aschat Khasenov.

The dollar exchange rate in Kazakhstan fell by 7.45 tenge after a sharp rise. Find current quotes on the Kazakhstan Stock Exchange and at exchange offices nationwide.

Former Kazakh central bank chief Kairat Kelimbetov resigns from Freedom Holding Corp board effective July 8, no disagreement involved. Board down to six members.

Kazakhstan to collect 2.3 trillion tenge fine from Kashagan shareholders by July 20 or start forced collection. Dispute also in international arbitration.