economy

Astana Hub centre of attraction for the Kazakhs

17/07/2018

ASTANA – ASWAQ Astana Hub, the Kazakh capital’s international IT and start-up hub, presented its key directions and major digital projects from July 3 this year. Magzhan Madiyev, Director, Corporate Fund of Astana Hub International said, “Located at the EXPO 2017 site, the hub launched a 100 start-ups community-building programme through which participants will co-work […]

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Hours before opening of Astana Finance Centre deals worth $4.8 billion signed

05/07/2018

Astana – ASWAQ “The Astana International Financial Centre (AIFC) is being established as a financial hub of new generation,” Kazakh PM Bakytzhan Sagintayev said addressing the Astana Finance Days session. “The young capital represents the birth of sovereign Kazakhstan; our victories and achievements; future of the country aimed at joining the ranks of Top 30 […]

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World Investment Conference in Astana … Kazakhstan record foreign investments Government pledges to ensure transparency and facilities

05/07/2018

Astana – ASWAQ Kazakhstan Global Investment Round-table, Modernization 3.0 (KGIR M-3) was held in Astana in which the participants and investors around the globe participated. Prime Minister of Kazakhstan Bakytzhan Sagintayev said that the Kazakhstan is a country for your business to settle and invest. He said, “This is our second meeting, and we can […]

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Global Silk Road forum begins in Astana

04/07/2018

ASTANA: Astana the capital city of Kazakhstan will host the forum “Global Silk Road’ from today. This forum is devoted to the 5th anniversary of One Belt, One Way initiative and the 20th anniversary of Astana as the capital city said Director of the International Secretariat G-Global Serik Nugerbekov. Serik added that the round table […]

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Bahrain’s biggest oil find since 1932 may change the country’s fortunes

13/06/2018

  DUBAI – “ASWAQ” Bahrain announced in April that it has struck upon its biggest oil in nearly 90 years, the country’s official news agency (Bahrain News Agency) reported the discovery of “highly significant quantities of oil and gas” located in Khaleej al-Bahrain basin, off the country’s west coast. Bahraini Oil Minister Shaikh Mohamed bin […]

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Blockchain Technology increasingly used in the Middle East countries

13/06/2018

  DUBAI – “ASWAQ” Blockchain, a digital technology that is bringing about efficiency in data and financial transactions through the use of cryptography – a technique for secure communication – has been best associated with bitcoin, the cryptocurrency whose meteoric rise in value last year caught the world by surprise beyond imagination. Blockchain, despite being […]

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IDB will finance 12 new projects in Kazakh

15/09/2017

Kuala Lumpur – ASWAQ The Islamic Development Bank (IDB) will finance the realization of 12 new projects worth nearly US$1 billion in Kazakhstan. Islamic finance has become one of the rapidly growing industries of the world system with an annual turnover exceeding US$2 trillion. Kazakhstan is the only country in the CIS that uses the […]

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Malaysia to assist Madinah become Islamic civilization center

08/05/2017

Kuala Lumpur – “ASWAQ” Malaysia has expressed interest and voiced its commitment to participate in the development of Madinah as a new Islamic civilization center for the well-being of more than 1.2 billion Muslims throughout the world, said Deputy Prime Minister of Malaysia Ahmad Zahid Hamidi. For this purpose, Ahmad Zahid said that Malaysia has […]

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MATRADE Launches Malaysia-Turkey Business Club

08/05/2017

Kuala Lumpur – “ASWAQ”   The Malaysia External Trade Development Corporation (MATRADE) has launched Malaysia – Turkey Business Club (MTBC) to improve the communication channel between Malaysian companies and Turkish players. It was launched at a networking luncheon attended by both Malaysian and Turkish companies. MTBC, established as a non-governmental organization to support and represent […]

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GCC Single Market Predicted To Be World’s Sixth Largest Economy By 2030

08/05/2017

Dubai – “ASWAQ” The Gulf Cooperation Council (GCC) economies, when combined as a single market, could become the world’s sixth largest by 2030, from its current ninth position, according to EY’s latest Growth Drivers report. The size of GCC as one single market is similar to the size of Canada and Russia, and assuming it […]

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