A pledging event for the Environmental Remediation Account for Central Asia held on 8 November at the EBRD's London headquarters saw the European Union increase its contribution by EUR10 million (USD11.3 million). Belgium, Norway, Switzerland and the USA also pledged "significant" contributions, and Lithuania also made a donation, the EBRD said. This is sufficient to extend the work of the fund to additional contaminated sites but more will be required to tackle all high priority sites in the region, it added.
The FINANCIAL -- The Asian Development Bank (ADB) has signed loan agreements for loans equivalent to $80 million in Kazakhstani tenge with Samruk-Energy, Kazakhstan’s largest power generation company, to help increase its balance sheet flexibility by reducing foreign exchange risk, enhance its operational efficiency, and identify a renewable energy pipeline for the company.
DOHA: Kazakhstan is the smart choice for Qatari investors looking to capitalise on the growing agribusiness and green energy markets.
Kazakhstan’s flag carrier Air Astana intends to launch a low-fare airline, FlyArystan (“FlyLion”), in the first half of 2019.
At a recent interregional Kazakhstan-Russia forum in Petropavl, Kazakhstan, President of Kazakhstan Nursultan Nazarbayev and President of Russia Vladimir Putin addressed key issues to advance cooperation between the two countries, the Kazakh presidential press service reported.
ASTANA, November 6. /TASS/. A commemorative plaque will be installed on a house of Kazakhstan’s famous figure skater Denis Ten, who was stabbed to death this summer, the press service of Almaty’s department of sports announced on Tuesday.
BANGKOK, November 6, 2018 — The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2019 in Astana, Kazakhstan in September. The event will be hosted by the Ministry of Culture and Sports of the Republic of Kazakhstan and the Kazakh Tourism National Company JSC, the key organization in the tourism industry effectively promoting the tourist brand of Kazakhstan and contributing to attracting investments to the industry.
MOSCOW, Nov 6 (Reuters) - Economies in Central Asia and the Caucasus will average growth of 4.2 percent annually in coming years, less than half the rate seen in the early 2000s, and need to redouble reform efforts, the International Monetary Fund said on Tuesday.
ASTANA. KAZINFORM - The Head of State has signed the Law of the Republic of Kazakhstan "On the Ratification of the Agreement between the Republic of Kazakhstan, Turkmenistan, and the Republic of Uzbekistan on the Area of the Junction Point of the Borders of the Three States," the press service of Akorda reports.
AKIPRESS.COM - Kazakhstan plans using the KazSat-2R space communications system to provide telecommunications services to end-users in neighboring Uzbekistan, Tajikistan and Kyrgyzstan, the Ministry of Defense and Aerospace Industry of Kazakhstan said.