Kazakhstan's economy contracts by 1.5% in Q1 2021
Kazakhstan's Gross Domestic Product (GDP) shrunk by 1.5% in the first quarter of 2021, according to the latest official figures published by the Bureau of National Statistics.
Eurasia
Milestone solar power project in Uzbekistan to take off
The government of Uzbekistan last week signed loan and guarantee agreements with the World Bank Group, UAE-based developer Masdar, and the Asian Development Bank (ADB) to finance the first 100-megawatt solar photovoltaic power plant in the country.
Kaspi.kz revives plans for London listing
Kazakhstan's financial group Kaspi.kz said Friday (Oct.
Armenia sovereign government credit rating at BB-
Frankfurt-based Rating-Agentur Expert (RAEX) confirmed Armenia's sovereign government credit rating (SGC) at 'BB-' (sufficient level of creditworthiness of the government) in national currency and foreign currency.
Azerbaijani Central Bank takes top lenders into temporary administration
Four Azerbaijani banks – Atabank, AGBank, NBCBank, and Amrah Bank – which are among the country's 15 largest financial institutions, were taken into temporary administration by the Central Bank of Azerbaijan (CBA) on April 27.
Astana Financial Services Authority, SEBI ink cooperation agreement
The Astana Financial Services Authority (AFSA), the independent regulator of the Astana International Financial Centre (AIFC), and the Securities and Exchange Board of India (SEBI), which regulates the securities markets in India, have entered into a Memorandum of Underst
Georgia, the world's 7th easiest place to do business in 2020
Georgia is ranked 7th among 190 countries in the 2020 World Bank Doing Business report. The project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
First ETF gets listed on Astana International Exchange
The first ever exchange-traded fund (ETF) to be traded on Kazakhstan’s Astana International Exchange (AIX) was launched on Wednesday (July 3) by ITI Funds, an emerging market asset manager.
Azerbaijan ranks as 3rd best CIS country for startups
The Azerbaijan startup ecosystem is ranked 47 globally, among 188 countries, according to a new list published by the Global Startup Ranking.
Georgia's Batumi port's oil shipments fall 29% in Jan-March
Oil and oil-related shipments from Georgia’s Black Sea port of Batumi dropped 29 percent in the first three months of 2019 from a year earlier, an official at the terminal -operated by Kazakh KazMunaiGas, the state-owned oil and gas company of Kazakhstan- told Reuters.
