Solidcore completes $1.2bn buyback; Maaden's stake rises to 41.3%
Almaty, 14 October. Gold producer Solidcore Resources, known as Polymetal International until 2024, announced the results of its share buyback: it…
Business and economy news
Digital governance: data «showcases» for the regulator and AI in citizen appeals
From 1 January 2027, banks will submit reports to the Agency for Regulation and Development of the Financial Market through special «data showcases»…
Kazakhstan and Azerbaijan launch a communication line on the Caspian seabed
Baku, 15 October. The presidents of Kazakhstan and Azerbaijan, Kassym-Jomart Tokayev and Ilham Aliyev, took part in the launch of the Trans-Caspian…
KTZ to build two dry cargo ships in Baku; trade target is $1 billion
Baku, 15 October. At a meeting in Baku, the presidents of Kazakhstan and Azerbaijan, Kassym-Jomart Tokayev and Ilham Aliyev, confirmed the intention…
Bektenov and Power International discuss two gas plants at Kashagan
Prime Minister Olzhas Bektenov on 15 October discussed with the leaders of Qatar's Power International Holding, Moutaz and Ramez Al-Khayyat, the…
Karachaganak gas plant to start in 2031
Uralsk, 15 October. The gas processing plant at Karachaganak with a capacity of 5 billion cubic metres of raw gas a year is planned to be commissioned…
KMG head Khasenov inspects environmental projects at Atyrau refinery
Atyrau, 15 October. Chairman of the Management Board of KazMunayGas Askhat Khasenov, on a working trip to Atyrau Region, visited the Atyrau oil…
Kazakhstan's oil output falls 8.3% in nine months
Astana, 13 October. In January–September 2026 Kazakhstan produced 69.4 million tonnes of oil, 8.3% less than a year earlier. Deputy Energy Minister…
Experts raise Brent forecast to $88.4 a barrel in National Bank survey
The National Bank of Kazakhstan published the results of its latest macroeconomic survey on 15 October. Experts raised their 2026 forecast for Brent…
Kazakhstan's trade surplus reaches $17.8 billion in eight months
Astana, 15 October. Kazakhstan's foreign trade turnover in January–August 2026 was $102,959.2 million, and the trade surplus reached $17.8 billion…
Moscow court terminates case against Timur Turlov
Moscow, 15 October. The Tverskoy District Court in Moscow accepted the Russian Prosecutor General's Office's withdrawal of its claim against Freedom…
Otbasy Bank scraps six-month wait for flats from partner developers
Astana, 15 October. Otbasy Bank has launched a new mortgage lending mechanism together with developers: from 15 October clients can obtain an interim…
First 5G radio frequency lot sold for $133 million
The first lot of Kazakhstan's 5G auction in the 3600–3700 MHz band was sold for 62.669 billion tenge (more than $133 million). This was announced by…
Kazakhstan to introduce differentiated tax rates for different sectors
Kazakhstan will introduce differentiated tax rates for different sectors of the country's economy. This, VRKNews.kz reports, was announced on 1…
Main reason for diesel problems in Kazakhstan named
Magzum Mirzagaliyev, chairman of the board of the national company KazMunayGas, visited the Pavlodar oil refinery and instructed that stable sales and…
Business must stop being “harassed” over “formal grounds” — Kazakhstan's prime minister
Inspectors must not have the opportunity to hold business liable on formal grounds. This, as VRKNews.kz reports, was stated on 8 July at a government…
Legendary distillery to close in Kazakhstan. A wild situation
Residents of the village of Aidabul in Zerendi district, Akmola region, are in disarray: the distillery with a 112-year history will stop work as…
