The World Bank confirms Kazakhstan's GDP growth forecast at 4.7% for 2025 and 3.5% for 2026, with oil production driving recovery.
The World Bank has maintained its GDP growth forecast for Kazakhstan at 4.7% for 2025 and 3.5% for 2026, consistent with its projections from October.
The bank's latest Global Economic Prospects report, released on Thursday, reveals that Kazakhstan's economy grew by 4% in 2024, a decrease from 5.1% in 2023.
Additionally, the World Bank anticipates that the economies of Central Asia will grow by 5% in 2025 and 4.2% in 2026, with increased oil production expected to support Kazakhstan’s economic recovery and fuel growth.
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Kazakhstan is stepping up its investment activity and gradually reclaiming its position as one of the region’s leading economic centres.
Kazakhstan has announced a new phase in construction plans for its first nuclear power plant. The power plant is expected to be operational by 2035.
Chinese Foreign Minister Wang Yi met with Kazakhstan’s Foreign Minister Yermek Kosherbayev in Beijing on Tuesday, reaffirming China’s commitment to deepening strategic ties and advancing Belt and Road cooperation.
Kazakhstan's Minister of Foreign Affairs Yermek Kosherbayev met with his Chinese counterpart Foreign Minister Wang Yi in Beijing where the duo held all important bilateral talks.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Residents of Hoi An, Vietnam’s UNESCO-listed ancient town, began cleaning up on Saturday as floodwaters receded following days of torrential rain that brought deadly flooding and widespread destruction to the central region.
Armenia will offer Azerbaijani as an optional subject for 10-12th grade students in three schools from the 2025/2026 academic year as part of a state programme to develop foreign and regional languages.
Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
Egypt has inaugurated the Grand Egyptian Museum near the Great Pyramid of Giza, unveiling the world’s largest archaeological museum and a modern cultural landmark celebrating over 7,000 years of history.
Iraq signed a deal with Türkiye on Sunday under which water infrastructure projects to be carried out by Turkish firms will be financed with revenue from oil sales, a Turkish official said.
An Israeli airstrike killed a Palestinian man in the Gaza Strip on Sunday, health authorities said, as Israel and Hamas traded blame for daily violations of a fragile truce that has largely halted two years of war.
Turkish Foreign Minister Hakan Fidan is expected to call at a meeting in Istanbul on Monday for arrangements to be made as soon as possible to ensure the security and administration of Gaza by Palestinians.
Tehran will rebuild its nuclear facilities "with greater strength", Iran's President Masoud Pezeshkian told state media on Sunday, adding that the country does not seek a nuclear weapon.
Syrian Foreign Minister Asad al-Shaibani confirmed on Sunday that President Ahmed al-Sharaa will visit the White House in early November and discuss the reconstruction of Syria.
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