Kazakhstan’s economy grew by 6% in early 2025, showing strong momentum across major sectors.
In the first four months of 2025, Kazakhstan’s real GDP rose 6% year-on-year, up from 4.8% at the end of 2024, according to the International Monetary Fund. Growth was driven by robust activity in services, transport, construction, manufacturing, and extractive industries. However, the IMF expects full-year growth to slow to around 5%, citing weaker demand from trading partners and lower global oil prices.
Medium-term non-oil GDP is projected to grow at a steadier 3.5%. Domestic demand remains solid, supported by credit expansion, loose fiscal policy, and increased public infrastructure spending. Despite the strong start, risks from global economic trends and oil price volatility remain a concern.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on D...
Armenian Prime Minister Nikol Pashinyan has rejected suggestions that Armenia could be expelled from the Eurasian Economic Union (EAEU), insisting ...
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said.&nbs...
Russia is willing in principle to resume peace talks with Ukraine and the United States in November, Kremlin aide Yuri Ushakov said after President Vladimir Putin met U.S. special envoy Steve Witkoff in St Petersburg.
Iranian Foreign Minister Abbas Araghchi said regional issues should be resolved through diplomacy and blamed the United States for insecurity and tensions in the Strait of Hormuz, speaking at a joint news conference with Russian Foreign Minister Sergey Lavrov on Monday.
Yemen's Houthis have denied targeting the holy city of Medina on Wednesday adding that they have not conducted any military operations towards Saudi Arabia either, denying earlier comments from the Saudi-led coalition in Yemen.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Armenian Prime Minister Nikol Pashinyan has rejected suggestions that Armenia could be expelled from the Eurasian Economic Union (EAEU), insisting that member states lack the authority to remove it amid growing tensions over Yerevan’s closer ties with the European Union.
Armenian officials have visited the southern Syunik region to advance plans for a U.S.-backed transit route linking Azerbaijan with its Nakhchivan exclave, although construction is now expected to begin no earlier than 2027.
Iran has reiterated its position this week on a de-escalation with the United States during recent high-level visits to Tehran by Pakistani Army Chief Field Marshal Asim Munir and Russian Foreign Minister Sergei Lavrov.
Georgia's Constitutional Court has begun hearing a landmark case that could see five opposition parties banned following a legal challenge by the ruling Georgian Dream party. Hearings are ongoing and expected to continue until at least Friday.
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