A ceremony to lay the foundation stone for a Boeing aircraft maintenance, repair, and operations (MRO) hangar center was held in Shymkent, according to the press service of the Kazakh Ministry of Transport.
“The new complex will become the largest aircraft maintenance and repair facility in Central Asia and one of the most significant infrastructure projects in Kazakhstan’s aviation industry,” the ministry said.
The project involves the creation of a modern full-cycle production center focused on servicing Boeing aircraft, including the Boeing-737 (Classic/NG/MAX) and Boeing-757/767 families, as well as promising programs for Boeing-777 wide-body aircraft. In this regard, the purchase of additional Boeing aircraft is planned.
The complex will be located on an area of 10 hectares. The total area of the engineering and technical infrastructure will exceed 45,000 square meters, including an aircraft parking area of more than 6 hectares. It is planned to build at least 15 high-tech facilities.
“The implementation of the project will allow Kazakhstan to create a modern service base of international level, capable of attracting foreign airlines to service their aircraft, expanding industry competencies and creating new highly skilled jobs,” the press release said.
It is noted that the initiative to create the center was developed during President Kassym-Jomart Tokayev’s working visit to the United States, where, at a meeting with Boeing executives, the prospects for expanding strategic cooperation were discussed, including the implementation of a project to build a Boeing aircraft maintenance and repair center in Shymkent.
Earlier, Kazakh airline SCAT agreed with Boeing Co. to increase the number of Boeing 737 aircraft in its fleet to 15 by 2035: in September 2025, SCAT received its 11th Boeing 737 MAX8.
A few years ago, Kazakh airline Air Astana announced plans to start flying to the US once it got its hands on some Boeing 787 Dreamliners. In November 2025, Air Astana said it signed a deal with Boeing Co. to get up to 15 Boeing 787-9 Dreamliners. The airline expects to take delivery of four Boeing 787-9 Dreamliners in the fourth quarter of 2026.
KAZGELATIN LLP intends to build a plant in Almaty region to produce gelatin with capacity of 10 thousand tons per year, the press service of the Ministry of Agriculture of Kazakhstan reported.
“The project provides for the construction of a plant in Alma-Ata region to produce food gelatin and products of deep processing of animal by-products – hides, bones and other collagen-containing raw materials,” – said in the message following the meeting of Deputy Minister of Agriculture Ermek Kenzhekhanuly with representatives of the company.
In addition to the main products, the plant will produce collagen components, fodder proteins and technical fats. Total investment in the project is estimated at 58 billion tenge ($117.9 million at current exchange rates).
“Currently, the domestic market’s needs for food gelatin are fully covered by imports, despite the availability of a sufficient raw material base in the country. Kazakhstan has significant volumes of animal by-products, which, if properly processed, can become a source of high value-added products. The launch of production will reduce import dependence, increase the level of processing of agricultural raw materials and strengthen food security,” the ministry said.
Special attention was paid to the creation of a network of procurement organizations in the regions to accept hides and bones of farm animals.
As reported, in January “daughter” of Turkish Iskefe Holding began to build a plant in Almaty for the production of food gelatin with a capacity of 7 thousand tons per year. The products of this enterprise will be used in food, pharmaceutical and cosmetic industries.
According to the Ministry of Agriculture of Kazakhstan, in the sphere of processing of leather raw materials there are 11 enterprises in the country, capable to process annually 3.3 million hides of cattle and 3.1 million hides of small horned cattle. However, the actual level of processing remains low: in 2024, only 5.9% of raw materials were sent for processing, 7.7% were exported, and 86.4% remained unclaimed.
Within the framework of a comprehensive plan for the development of processing of agricultural products for 2024-2028, it is envisaged to create more than 70 collection points for wool and about 200 collection points for hides to form a stable raw material base for processing enterprises, the department said.
The first nuclear power plant (NPP) in Kazakhstan will be named “Balkhash”, the press service of the republic’s atomic energy agency reported.
“According to the results of the final meeting of the Competition Commission, the name ”Balkash” nuclear power plant was recognized as the winner, which received the largest number of proposals from citizens. The chosen name also corresponds to the international practice of naming nuclear power plants by geographical feature,” the report on the results of the nationwide contest for the best name of the nuclear power plant reads.
The contest committee also determined the name in Russian and English: “Balkhash Nuclear Power Plant” and Balkhash Nuclear Power Plant.
The first NPP, which will be located near Lake Balkhash, will be built by Rosatom. The Russian company has signed a roadmap with Kazakhstan for the construction of two VVER-1200 nuclear power units. The construction of the plant will take approximately 11 years and may be completed in 2035-2036. The issue of attracting state export financing at the expense of the Russian Federation is being studied for the construction of the plant.
Research work near the village of Ulken on Balkhash started on August 8. Here, as part of preliminary surveys, Rosatom’s specialists will explore at least three sites in Zhambyl district, for which they will drill 50 wells with depths ranging from 30 to 120 meters. Based on the hydrogeological features of the site, seismic stability parameters and others, a decision will be made on the exact location of the NPP.
The government said that the second and third nuclear power plants in Kazakhstan could be built by China National Nuclear Corporation (CNNC).
Halyk Bank, a national bank of Kazakhstan, has announced the acquisition of a 49% stake in Click, a leading Uzbek fintech company.
The agreement provides for mutual participation of the parties: Halyk Bank will invest USD 176.4 million to acquire a stake in Click, and Click’s shareholders, in turn, will acquire 49% of Tenge Bank, Halyk Bank’s subsidiary in Uzbekistan, for USD 60.76 million.
The cooperation is aimed at strengthening the positions of both companies in the dynamic digital finance market of Central Asia and developing innovative banking and payment services in the region.
Click is the largest fintech platform in Uzbekistan, serving more than 20 million users and is a recognized leader in digital payments and online financial solutions.
Ukraine maintains a significant positive trade balance with a number of key partners, which partially offsets the deficit in relations with China and EU countries.
The largest surplus in the first half of 2025 was recorded in trade with Egypt — $605.0 million. Spain ranks second with a balance of $515.3 million, followed by the Republic of Moldova — $448.4 million. Positive dynamics are also observed in relations with the Netherlands ($357.6 million), Algeria ($276.6 million), and Lebanon ($243.8 million).
Ukraine also has a high trade surplus with Iraq ($189.0 million), Libya ($133.6 million), Saudi Arabia ($128.4 million), and Kazakhstan ($113.6 million).
“The positive trade balance indicates that Ukraine is capable of competing effectively in international markets, especially in the agricultural sector and metallurgy. At the same time, it should be borne in mind that these markets are vulnerable to changes in the global economic situation, price fluctuations, and political factors,” emphasized Maksim Urakin, founder of Experts Club and economist.
According to him, maintaining a positive balance in relations with the countries of the Middle East and North Africa is a key element of Ukraine’s foreign trade strategy.
“Egypt, Spain, and the countries of the Arab world are stable importers of Ukrainian agricultural products. This is a strategic direction that needs to be developed further, as it creates a safety cushion for the economy against the backdrop of significant import costs,” Urakyn emphasized.
Analysts note that consolidating positions in the African and Middle Eastern markets could become a long-term factor in strengthening Ukraine’s foreign economic balance.
Agricultural exports, ALGERIA, ECONOMY, EGYPT, EXPERTS CLUB, FOREIGN TRADE, IRAQ, KAZAKHSTAN, LEBANON, LIBYA, MOLDOVA, NETHERLANDS, positive balance, SAUDI ARABIA, SPAIN, UKRAINE, МАКСИМ УРАКИН
Kazakhstan has introduced its own cryptocurrency, the Evo stablecoin (KZTE), issued with the support of the international payment system Mastercard. The new digital asset is pegged to the national currency at a ratio of 1 to 1 with the tenge, which ensures its stability and transparency.
According to the developers, Evo will become a universal tool for cashless payments and online transactions both within the country and abroad. In the future, the coin may take the place of a full-fledged means of payment, integrated into the financial system of Kazakhstan and supported by leading banks and fintech companies.
Experts note that the launch of KZTE reflects Kazakhstan’s desire to strengthen its position in the field of digital finance and accelerate the introduction of blockchain technologies into the economy.
Source: https://www.fixygen.ua/news/20250924/kazahstan-zapustiv-natsionalniy-steyblkoin.html
