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.
Eurasia
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.
Armenian banks finance Chaarat Gold's investment in Kapan mine
For the first time in Armenia a strategic foreign investor, Chaarat Gold Holdings Ltd, acquired an Armenian mining company through joint financing of three local banks.
Kazakhstan to expand types of export goods and open new trade offices in 2019
Kazakhstan will expand the geography of non-primary exports this year, Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov said on Jan. 28 at a press conference held at the press centre of the Government in Astana.
Investments in Uzbekistan should grow by 16% to $17 bn in 2019
Investments in Uzbekistan's economy should reach $17 billion next year, President Shavkat Mirziyoyev said Friday (Dec. 28) during his annual address to the Houses of Parliament.
Azerbaijan sees higher bank capitalisation so far this year
The capitalisation of the Azerbaijani banking sector amounted to 4.1 billion manats, as of September 30, 2018 which is 10.8 percent more than the figure at the beginning of the year, the Financial Market Supervision Authority said in a report.
Mongolia's Top 20 Index, the best performing stock market benchmark in the world for 2017
On Wednesday (Sept.19, 2018) 344,510 shares of 19 firms listed as Tier I, II, and III were traded on the Mongolian Stock Exchange (MSE). The MSE ALL Index decreased by 0.01 percent to reach 19951.76 points.
Lakhta Centre, the tallest building in Europe
A $2bn skyscraper in St Petersburg which takes the title of Europe’s tallest building from Moscow’s Federation Tower is nearly complete.
Kazakhstan, Japan to invest up to $2 bn in joint projects
Japan, one of Kazakhstan’s key strategic partners in East Asia, and Astana will implement seven joint projects worth approximately $2 billion in the areas of nuclear energy, transport and water supply, according to the Kazakh Minister for Inve
