Kyrgyzstan takes 163rd place out of 190 in getting electricity rank in Doing Business 2017. This is stated in the World Bank report. The only indicator where Kyrgyzstan has received a positive assessment was “trading across borders”. Kyrgyzstan took 79th place here. Thanks to accession to EEU, Kyrgyzstan reduced the time for the export of…
Kazakhstan and Saudi Arabia signed more than 10 agreements worth over 60 billion tenge ($181.55 million) within the official visit of Kazakh President Nursultan Nazarbayev to Saudi Arabia on October 24- 25, the presidential press-service reported. At the briefing on the results of the visit Nazarbayev announced that the agreements had been signed in the…
Germany’s logistics company DHL has opened its office in Azerbaijan. The office, DHL Global Forwarding Azerbaijan, was registered according to the “single window” principle of Azerbaijani Ministry of Taxes on June. The company’s authorized capital is 100 manats. Turkish citizen Inanc Behcet Kerem is the company’s official representative. Azerbaijan Railways CJSC and DHL agreed to…
According to the Minister of National Economy Kuandyk Bishimbayev, Kazakhstan’s economy grew by 0.4% in January-September. The inflow of foreign investment in Kazakhstan’s economy increased 4.4-fold YoY. “Net inflow of foreign investment amounted to $5.7 billion in the reporting period, which is a 4.4-fold increase versus the same period of last year, which was $1.3…
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan’s national gas operator KazTransGas have agreed to join forces in supporting the country’s drive towards a green economy, the bank reported. According to a Memorandum of Understanding signed in Astana on October 26, the two partners will explore ways to promote energy efficiency in the…
Dredging at the Ukrainian port of Belgorod-Dnestrovsky has reached 800,000 cubic meters this year. The works have been performed by the equipment of Ukrainian Sea Ports Authority (USPA) and its specialized contractor, USPA says. Vessels of up to 3.1 m in draught can now call the port. The port of Belgorod-Dnestrovsky was set up in…
State-run enterprise Boryspil International Airport (Kyiv), the country’s largest airport, saw a 2.2-fold rise in net profit in January-September, to 1.026 billion UAH. The airport said that its net revenue over the period grew by 30%, to 2.446 billion UAH. As reported, Boryspil Airport in January-September increased its passenger traffic by 16% YoY and by…