Astana International Financial Centre
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Astana International Financial Centre
The Astana International Financial Centre (AIFC) is a financial hub in Astana, Kazakhstan that officially launched on July 5, 2018. On 20 May 2015, the President of Republic of Kazakhstan Nursultan Nazarbayev announced the “100 Concrete Steps” Plan of the Nation to implement the five institutional reforms, designed to provide a strong national platform needed to achieve country's ambition of joining the top 30 developed countries by 2050. As part of the Plan of the Nation, the AIFC was established with a special legal status to be based on the EXPO-2017 International Specialized Exhibition infrastructure. The Constitutional Statute "On the Astana International Financial Centre" approved on 7 December 2015 provides a legal framework for the functioning of the AIFC as well as a favourable environment for its participants. The Astana International Financial Centre plays one of the main roles in attracting financial resources. It is positioned as a financial hub for the countr ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Kairat Kelimbetov
Kairat Kelimbetov ( kk, Qaırat Nematuly Kelimbetov; born 28 January 1969) is a Kazakh politician who's currently the Governor of Astana International Financial Centre, a new initiative launched by Kazakhstan government to develop country's non-banking financial sector. He served as a Governor of the National Bank of Kazakhstan from October 1 of 2013 till November 2 of 2015. He served as a Vice-Prime Minister of Kazakhstan from January 20 of 2012 till October 1 of 2013. He also served as the CEO of Samruk-Kazyna Sovereign Wealth Fund and as the Minister of Economy and Budget Planning in the Government of Kazakhstan.Principal Government Officials
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In late July 2005 at that time a Minister Kelimbetov announced that Kazakhstan's GDP grew by 9.1% in the last year.
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Astana
Astana, previously known as Akmolinsk, Tselinograd, Akmola, and most recently Nur-Sultan, is the capital city of Kazakhstan. The city lies on the banks of the Ishim (river), Ishim River in the north-central part of Kazakhstan, within the Akmola Region, though administered as a city with special status separately from the rest of the region. A 2020 official estimate reported a population of 1,136,008 within the city limits, making it the List of most populous cities in Kazakhstan, second-largest city in the country, after Almaty, which had been the capital until 1997. The city became the capital of Kazakhstan in 1997; since then it has grown and developed economically into one of the most modern cities in Central Asia. In 2021, the government selected Astana as one of the 10 priority destinations for tourist development. Modern Astana is a Planned community, planned city, following the process of List of purpose-built national capitals, other planned capitals. After it became t ...
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Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest, with a coastline along the Caspian Sea. Its capital is Astana, known as Nur-Sultan from 2019 to 2022. Almaty, Kazakhstan's largest city, was the country's capital until 1997. Kazakhstan is the world's largest landlocked country, the largest and northernmost Muslim-majority country by land area, and the ninth-largest country in the world. It has a population of 19 million people, and one of the lowest population densities in the world, at fewer than 6 people per square kilometre (15 people per square mile). The country dominates Central Asia economically and politically, generating 60 percent of the region's GDP, primarily through its oil and gas industry; it also has vast mineral ...
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Nursultan Nazarbayev
Nursultan Abishuly Nazarbayev ( kk, Нұрсұлтан Әбішұлы Назарбаев, Nūrsūltan Äbişūlı Nazarbaev, ; born 6 July 1940) is a Kazakh politician and military officer who served as the first President of Kazakhstan, in office from country’s independence in 1991 until his formal resignation in 2019, and as the Chairman of the Security Council of Kazakhstan from 1991 to 2022. He held the special title as Elbasy (meaning "Leader of the Nation", ) from 2010 to 2022. Nazarbayev was one of the longest-ruling non-royal leaders in the world, having led Kazakhstan for nearly three decades, excluding chairmanship in the Security Council after the end of his presidency. He has often been referred to as a dictator due to usurpation of power and autocratic rule. He was named First Secretary of the Communist Party of the Kazakh SSR in 1989 and was elected as the nation's first president shortly before its independence from the Soviet Union. In 1962, while working as a ...
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Expo 2017
Expo 2017 Astana was an International Exposition which took place from June 10 to September 10, 2017 in Astana, Kazakhstan. The expo's theme was "Future Energy", and aimed to create a global debate between countries, nongovernmental organizations, companies and the general public on the crucial question: "How do we ensure safe and sustainable access to energy for all while reducing CO2 emissions?" Theme The theme chosen for the Expo 2017 was "Future Energy". The theme was aimed to concentrate on the future of energy, and on innovative and practical energy solutions and their impacts. The Expo 2017's subtitle was "Solutions for Tackling Humankind’s Greatest Challenge." Therefore, the Expo showcased future energy solutions tackling social, economic and environmental challenges. Preparation On November 22, 2012, Astana was chosen by the Bureau International des Expositions (BIE) as the venue to host Expo 2017. It was the first time that a major international exhibition o ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Kassym-Jomart Tokayev
Kassym-Jomart Kemeluly Tokayev ( kk, Қасым-Жомарт Кемелұлы Тоқаев, Qasym-Jomart Kemelūly Toqaev ; born 17 May 1953) is a Kazakh politician and diplomat who is currently serving as the President of Kazakhstan since 12 June 2019. Shortly before that, he served as acting president after the resignation of Nursultan Nazarbayev, who previously held the presidential post for nearly three decades. Born in Alma-Ata (now Almaty), Tokayev attended the Moscow State Institute of International Relations where after graduating in 1975, he worked as a diplomat in Singapore and China. After the dissolution of the Soviet Union, Tokayev became the Deputy Foreign Minister of a newly independent Kazakhstan in 1992, where he was involved on the issues of nuclear disarmament within the former Soviet republics. In 1999, Tokayev became the Deputy Prime Minister, and in October of that year with the endorsement of the Parliament, he was appointed as Prime Minister by President ...
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Sadyr Japarov
Sadyr Nurgojoyevich Japarov (sometimes Zhaparov) (; ky, Садыр Нургожо уулу Жапаров, translit=Sadyr Nurghozho uulu Zhaparov; born 6 December 1968) is a Kyrgyz politician who has served as the president of Kyrgyzstan since 28 January 2021. He had previously served as the acting prime minister of Kyrgyzstan in the 2020 interim government following the resignation of Sooronbay Jeenbekov on 15 October 2020 amidst electoral protests. Japarov also became acting president of Kyrgyzstan after Jeenbekov's resignation but resigned himself on 14 November 2020. On 10 January 2021, Japarov was elected president. Early life and education Japarov was born in Keng-Suu, a village in the Tüp District in what was then the Kirghiz SSR within the Soviet Union, in the family of Nurgozho and Kadic Japarov. After finishing his middle school education in 1986, he joined the Kyrgyz National Academy of Physical Culture and Sport. In 1987, Japarov was drafted into the Soviet Ar ...
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Companies Based In Astana
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Economy Of Kazakhstan
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. Kazakhstan has attracted to 2021 more than US$370 billion of foreign investments since becoming an independent republic after the collapse of the former Soviet Union. It possesses oil reserves as well as minerals and metals. It also has considerable agricultural potential, with its vast steppe lands accommodating both livestock and grain production. The mountains in the south are important for apples and walnuts; both species grow wild there. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources. The Dissolution of the Soviet Union and the collapse of demand for Kazakhstan's traditional heavy industry products have resulted in a sharp decline of the economy since 1991, with the steepest annual decline occurring in 1994. In 1995–97 the pace of the government program of economic reform and privatization quickened, resulting in a substantia ...
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