Kazakhstan is boosting support for small and medium-sized enterprises (SMEs) to attract European investment and accelerate economic growth.
Kazakhstan is intensifying efforts to develop its SME sector through significant reforms, increased financing, and new trade incentives, aiming to attract more European investors. By 2027, the country plans to provide nearly €18 billion in state-backed guarantees and support for joint ventures, foreign entrepreneurs, and local manufacturers.
Over 11,000 SMEs currently operate under shared ownership models, with the DAMU Fund financing more than 1,600 foreign-led projects. European investors are tapping opportunities in key sectors like agribusiness, logistics, and IT. As Kazakhstan transitions from resource extraction to value-added industries, improved trade offices and legal frameworks offer European companies a more secure entry into this evolving market.
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Thousands of visitors flocked to Hong Kong’s Cheung Chau island on Sunday for the annual Bun Festival, as crowds gathered to watch the famous “floating children” parade and prepare for the traditional midnight bun-scrambling competition.
At least 28 people have been killed and two remain missing after a landslide hit an illegal gold mine in Angola’s Bengo province, authorities say.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 25th May, covering the latest developments you need to know.
The inaugural Enhanced Games began in Las Vegas on Sunday (24 May), launching one of the most controversial experiments in modern sport, in which athletes openly compete using performance-enhancing drugs banned under traditional anti-doping rules.
A "largely negotiated" memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald Trump said on Saturday, though the Iranian Fars news agency disputed that claim.
Police fired tear gas and clashed with protesters in central Belgrade on Saturday, as tens of thousands gathered to demand early elections and an end to the more than decade-long rule of Serbia's President Aleksandar Vučić.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
An explosion on a railway track in Pakistan's Quetta killed at least 24 people, news outlet Al Arabiya reported on Sunday, citing officials.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
Demand for electric vehicles has surged across Europe as elevated fuel prices linked to the Iran conflict push consumers toward new and second-hand EVs, according to data shared with Reuters. It is providing a boost to an auto industry that has struggled with slower-than-expected adoption.
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