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Kazakhstan economy

The Richest Get Richer in Kazakhstan
May 13, 2022

The Richest Get Richer in Kazakhstan

By Paolo Sorbello
According to Forbes.kz, Kazakhstan’s top-three wealthiest amassed an additional $2.5 billion in one year.

The Trans-Caspian Corridor: Kazakhstan’s Silk Road?
May 12, 2022

The Trans-Caspian Corridor: Kazakhstan’s Silk Road?

By Wilder Alejandro Sánchez and Kamila Auyezova
Kazakhstan and the Caucasus nations are looking at the Trans-Caspian transportation corridor with renewed vigor given the war in Ukraine.
Kazakhstani Banks Eye the Spoils of Sanctioned Russian Subsidiaries
April 26, 2022

Kazakhstani Banks Eye the Spoils of Sanctioned Russian Subsidiaries

By Paolo Sorbello
Russian banks operating in Kazakhstan were thriving before the war. Now CenterCredit has bought Alfa-Bank’s assets in Kazakhstan.

Mixed Fortunes for Kazakh Grain?
April 20, 2022

Mixed Fortunes for Kazakh Grain?

By Sophia Nina Burna-Asefi
While Kazakhstan has the potential to be an influential player in the global grain economy, it needs to first overcome domestic and logistic challenges.

Kazakhstan: After the Pandemic Recovery, New Pressures From the Ukraine War 
April 12, 2022

Kazakhstan: After the Pandemic Recovery, New Pressures From the Ukraine War 

By Catherine Putz
After recovering from the COVID-19 pandemic’s economic shockwave, Kazakhstan will see its growth prospects take a hit due to reverberations from the war in Ukraine.

Inflation Amid the COVID-19 Pandemic Fuels Labor Unrest in Kazakhstan
August 31, 2021

Inflation Amid the COVID-19 Pandemic Fuels Labor Unrest in Kazakhstan

By Elvira Kalmurzaeva
In the first half of 2021, there were more strikes in Kazakhstan than in the entire 2018 to 2020 period.

What’s in Kazakhstan’s 2025 Development Plan?
March 23, 2021

What’s in Kazakhstan’s 2025 Development Plan?

By Wilder Alejandro Sanchez
On the road to 2050, Nur-Sultan aims to diversify its economy and develop new industries.
Oil Company OMV Petrom Leaves Kazakhstan
February 18, 2021

Oil Company OMV Petrom Leaves Kazakhstan

By Paolo Sorbello
Another investor has left Kazakhstan, highlighting the worsening business climate. 

Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US
January 26, 2021

Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US

By Wilder Alejandro Sanchez
Kazakhstan is working toward a more diversified economy.

How Damaging Was 2020 to Central Asia’s Economies?
January 07, 2021

How Damaging Was 2020 to Central Asia’s Economies?

By Catherine Putz
The January 2021 World Bank Global Economic Prospects report is out, heralding a “subdued” recovery for the world. How fares Central Asia?

Kazakhstan Wins One Small Legal Battle in the Long War With Stati
April 27, 2020

Kazakhstan Wins One Small Legal Battle in the Long War With Stati

By Paolo Sorbello
A landmark High Court decision in London agreed with Kazakhstan's Central Bank, dealing a blow to a Moldovan investor in a long-lasting legal war. 
Jobs at Stake in Kazakhstan’s Energy Sector
April 22, 2020

Jobs at Stake in Kazakhstan’s Energy Sector

By Paolo Sorbello
A drop in Brent oil prices and the emergence of cases of COVID-19 at the Tengiz field are poised to slash investment and hammer employment.

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