Tyulkubass district of Turkestan region has harvested 600 tons of walnuts, the local administration’s press service reports. The said district is considered a home to the best tasting apples and walnuts. In 2018 the district planted walnut trees on the territory stretching over 257 ha. This year it plans to bed out walnut trees on…
“It is planned to build 10 ski resorts in Almaty to boost mountain skiing tourism,” deputy head of the Almaty city tourism department Kalibek Akylbekov said. “Mountain skiing tourism development will embrace three clusters in Almaty and Almaty region until 2025. Last year the Austrian company developed the Almaty and Almaty region alpine tourism cluster.…
Kazakhstan negotiates with a number of Indian tractor makers including Mahindra & Mahindra company for the purchase of tractors and agri-input mechanization equipment to boost the agriculture, the country’s ambassador in India Iskander Baitassov reported. “We are holding dialogues with some Indian tractor makers. Negotiation with Mahindra & Mahindra is ahead than others. We are…
Asian Development Bank (ADB) forecasts Kazakhstan’s economic growth to slowdown in 2019 and 2020, reflecting lower oil prices and reduced growth in China and Russia. “Aside from oil revenues, public investment is expected to become a key source of economic growth in the coming years,” reads the latest ADB outlook. The bank expects the growth…
FlyArystan, a low-cost airline, has announced the sales start for its first flight en route Almaty-Taraz slated for May 1, the company’s press service reports. The one-way ticket cost starts at KZT 4,999, including passenger charges. The flight duration is 60 minutes. The daily flights will be operated by Airbus A320. FlyArystan is expected to…
Vice Minister of Energy Magzum Mirzagaliyev informed about preliminary results of the country’s gasification and plans for the future. “As for gasification, in 2014 we adopted the country’s general gasification scheme that reflected priority areas and domestic demand in gas. The general gasification scheme is financed from the national budget, national operators’ revenues and other…
Al Hilal and Zaman-Bank are the two Islamic banks operating in Kazakhstan today. The latter received an official permit from the National Bank for voluntary reorganization into the Islamic Bank in 2016. In August 2017 the bank obtained its license and was renamed the JSC Islamic Bank “Zaman Bank”. In a year, the total share…