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©Turar Kazangapov
Kazakh Senate passes bill prohibiting foreign currency mortgage loans

Kazakh Senate, the upper house of Kazakhstan’s Parliament, has passed a bill on non-performing loans and assets of second-tier banks.

Kazakh Senate passes bill prohibiting foreign currency mortgage loans
Bolat Zhamishev ©ortcom.kz
Chairman of Development Bank of Kazakhstan on public trust in tenge

Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.

Chairman of Development Bank of Kazakhstan on public trust in tenge
©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
©Temirlan Ospanov
National Champions to increase Kazakhstan's exports and GDP

National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.

National Champions to increase Kazakhstan's exports and GDP
Akorda.kz ©
President Nazarbayev: the tenge is not facing something extraordinary

According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

President Nazarbayev: the tenge is not facing something extraordinary
©Turar Kazangapov
Kazakh tenge's sharp fluctuations period over: opinion

According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.

Kazakh tenge's sharp fluctuations period over: opinion
©Turar Kazangapov
Kazakh tenge real exchange rate down by 24.7% in 2015

National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

Kazakh tenge real exchange rate down by 24.7% in 2015
Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle

According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.

Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle
Photo courtesy of espanarusa.com
Growing obesity problem in Kazakhstan

Obesity in Kazakhstan is becoming a serious issue. Nutritionists and scientists urge Kazakhstanis to reconsider their nutrition philosophies

Growing obesity problem in Kazakhstan
Photo courtesy of Ministry of Defense
Kazakhstan to cooperate with UAE in defense and space

Kazakhstan plans to cooperate with the United Arab Emirates (UAE) in defense and space industries.

Kazakhstan to cooperate with UAE in defense and space
Photo courtesy of facebook.com.
Kazakhstan's Kaspi Bank acquires status of bank holding company

One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.

Kazakhstan's Kaspi Bank acquires status of bank holding company
©Tengrinews
Russia-Kazakhstan exchange rate policy implications discussed in Astana

Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.

Russia-Kazakhstan exchange rate policy implications discussed in Astana
Photo © Tengrinews.kz
Geo-economy of Eurasian region discussed at Astana Club

The first meeting of the Astana club has gathered over 50 experts in economics, politics, international relationships to discuss the geo-economic situation in the Eurasian regio

Geo-economy of Eurasian region discussed at Astana Club
Photo courtesy of Baiterek Holding
Peugeot Citroёn launches full-cycle automobile production in Kazakhstan

Kazakh National Holding Baiterek has signed an agreement with Peugeot Citroën to set up full-cycle assembly of cars in Kostanay, Kazakhstan.

Peugeot Citroёn launches full-cycle automobile production in Kazakhstan
©akorda.kz
Nazarbayev awards Order of Friendship to Francois Hollande

Kazakhstan’s President Nursultan Nazarbayev had a meeting with President of France Francois Hollande as part of his official visit to France on November 6.

Nazarbayev awards Order of Friendship to Francois Hollande
Karim Massimov and Ilya Ilyin. Photo courtesy of the athlete's Instagram page.
Ilya Ilyin takes selfie with Kazakh PM

Four-time world champion and two-time Olympic champion in weightlifting Ilya Ilyin has taken a selfie with Kazakhstan’s Prime-Minister Karim Massimov.

Ilya Ilyin takes selfie with Kazakh PM
Turar Kazangapov ©
Kazakhstan’s Central Bank on ongoing depreciation of the tenge

To keep the gold and FX reserves intact, the Central Bank decided to minimize its participation in the country’s FX market starting from November 5, 2015.

Kazakhstan’s Central Bank on ongoing depreciation of the tenge
Photo courtesy of Akorda.
Nazarbayev arrives in Paris

President of Kazakhstan Nursultan Nazarbayev has arrived in Paris for an official visit.

Nazarbayev arrives in Paris
Principal Dancer of the Mariinsky Ballet Oksana Skorik
Principal dancers of Mariinsky Theater perform in Astana Opera

Principal dancers of world famous Mariinsky Theater Oksana Skorik and Yevgeniy Ivanchenko came to Astana.

Principal dancers of Mariinsky Theater perform in Astana Opera
Kazakhstani designer Balnur Assanova presents SS16 collection at MFW

Kazakhstani designer Balnur Assanova (BALNUR) has presented her pret-a-porter Spring/Summer 2016 collection at the Moscow Fashion Week (MFW).

Kazakhstani designer Balnur Assanova presents SS16 collection at MFW