PayPal is preparing to receive accreditation in Azerbaijan, a source in the country’s e-payment systems market reported. PayPal has already selected the bank that will represent its interests in Azerbaijan, according to the source. The bank’s name was not revealed. “The issue of PayPal’s accreditation is currently the subject of discussion of the sides: after…
Uzbekistan Temir Yollari (Uzbekistan Railways) commissioned into operation a new building of the railway station Andijan, the press service of the Uzbek company said. The station can provide services to up to 350 passengers an hour simultaneously. Earlier, the figure stood at 50 passengers an hour. During construction works, administrative building and ticket sales office…
Presidents of Kazakhstan and Poland Nursultan Nazarbayev and Andrzej Duda made a joint statement following their talks in Warsaw. According to Nazarbayev, Kazakhstan is rich in natural resources, but the country implements today a large-scale industrialization program. “In five years, we have commissioned 1,000 projects. Most of them are processing enterprises. Polish businessmen were invited…
Mubarek Gas Processing Plant will have completed the project on production of granulated sulfur with nominal value of 80,000 tons a year by the end of 2016. Realization of the project will allow improving quality of the product up to international ecologic standards. The product will be comfortable for transportation, storage and processing, which will…
The President of the Republic of Uzbekistan signed a decree to increase the wage of employees of budgetary institutions and organizations, pensions, stipends and grants on average 1.15 times (15%). The document comes into effect on October 1. According to the decree, the minimum wage rate on the territory of the Republic of Uzbekistan will…
Kyrgyzstan expects increase in investments in 2017, Deputy Prime Minister of Kyrgyzstan Oleg Pankratov announced. According to him, countries of EEU remain the main market outlet for Kyrgyzstan. Meanwhile, the Eurasian Economic Union makes republic attractive for investors. “We have open market of 180 million people in front of us. Of course, there was no…
Kazakh and Polish businessmen are going to sign bilateral deals worth $1 billion, the Head of State Nursultan Nazarbayev announced after the talks with his Polish counterpart Andrzej Duda in Warsaw, Poland. The businessmen will sign the contracts on August 23, during the Kazakh-Polish Business Forum. The Kazakh Leader noted that this was his third…