Kazakhstan’s Senate has approved a key agreement with the UAE to develop a 1 GW wind power station in the Zhambyl region, with plans to enhance renewable energy production and storage capacity. The project will create thousands of jobs and attract significant investments.
Kazakhstan's Senate has ratified an agreement between the governments of Kazakhstan and the UAE for the development of a wind power station project. The agreement focuses on renewable energy, green technologies, and innovations aimed at enhancing electrical energy generation and storage.
The agreement paves the way for the construction of the second 1 GW wind power plant in the Zhambyl region. This new wind farm will incorporate one of the most advanced energy storage systems, with a 300 MW/600 MWh capacity, improving energy generation efficiency and the sustainability of Kazakhstan’s energy system.
The project is expected to create around 100 permanent jobs and 1,000 temporary positions, while also attracting $1.4 billion in investments. It aims to generate an additional 3.4 billion kWh of green energy annually, further strengthening Kazakhstan's energy infrastructure.
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Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
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Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Syrian and Israeli officials held U.S.-brokered talks in Jordan on Sunday to ease tensions after an Israeli strike on a Syrian airbase near Türkiye last week.
Kazakhstan has elected its first unicameral Kurultai, bringing into force a sweeping political overhaul launched less than a year ago. The vote marks a major step in implementing the country’s new Constitution.
Uzbekistan is looking to Singapore as it builds a fintech ecosystem designed to attract global investment, technology companies and talent.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
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