Azerbaijan, Kazakhstan, Uzbekistan sign clean energy deal with Asian banks
Azerbaijan, Kazakhstan, and Uzbekistan have partnered with regional banks to launch a clean energy project connecting Central Asia to Europe via the Caspian Sea.
The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
The initiative will allow users to buy and sell gold investment coins online, anytime and anywhere in the world. The digital coin's value will be calculated in tenge, based on the weight and price of gold as determined by the London Bullion Market Association (LBMA) and the US dollar-to-tenge exchange rate set by Kazakhstan's central bank.
As part of the project, the National Bank has created an exclusive design for a new gold coin named ÚKI. Made of 999.9 fine gold, the coin will weigh 31.1 grams, have a face value of 100 tenge, and feature a design inspired by the "Iconic Animals - Totems of the Nomads" collectible coin series. The coins will be packaged in blister packs for preservation.
This announcement coincides with Kazakhstan's celebration of National Currency Day on November 15, commemorating the tenge as a symbol of national economic sovereignty.
Investment coins, commonly known as bullion coins, are issued by central banks and crafted from precious metals such as gold, silver, platinum, or palladium. They are designed primarily for investment purposes, serving as a secure and tangible savings asset for individuals.
The "Digital Investment Coin" initiative marks a significant step in modernizing Kazakhstan's financial offerings while maintaining its rich cultural heritage in coin design.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
The inaugural Samarkand International Climate Forum will kick off on 4th April at the Silk Road Samarkand Congress Center in Uzbekistan. The high-profile forum will be held under the theme "Central Asia Facing Global Climate Challenges: Consolidation for Shared Prosperity."
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
U.S. President Donald Trump hopes for the signing of a long-awaited peace agreement between Azerbaijan and Armenia, which could mark a new era of stability in the South Caucasus, a senior U.S. official said.
Moldova is interested in importing natural gas from Azerbaijan to diversify its energy sources and enhance national energy security, the country’s energy minister said in Baku.
Bone fragments believed to date back to the Middle Ages were found in Eyvazkhanbayli village of Aghdam district, according to the local prosecutor’s office.
Lebanon’s new central bank governor, Karim Souaid, has outlined plans to bolster financial oversight and restore economic stability, including restructuring public debt and addressing long-standing obligations to depositors.
The first-ever EU–Central Asia summit is being held in Samarkand, focusing on transport, green energy, and raw materials. European Commission President Ursula von der Leyen outlined major projects to deepen regional cooperation.
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