Frankfurt, London (12/08 – 80) It seems that the Aga Khan Development Network (AKDN) has become a hostage to its investments in Tajikistan. In mid-July, the Prosecutor’s Office of the…
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Kazakh Government Approves Action Plan to Combat Shadow Economy
Prime Minister Alikhan Smailov signed a decree on approval of the comprehensive action plan to combat the shadow economy for 2023-2025, the Prime Minister’s press service reported on July 26.…
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Borealis Foods to Go Public by Fourth Quarter 2023?
Frankfurt, Brussels (30/7 – 27) Kenges Rakishev, international entrepreneur, philanthropist and former special envoy of the Kazakh government, is leading the charge for an upcoming Nasdaq listing of Borealis Foods…
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UN Special Rapporteur: Tajikistan Violated Its International Obligations
by Lucas Hayesby Lucas HayesGeneva, London (29/7 – 50) Mary Lawlor, UN Special Rapporteur on the situation of human rights defenders, condemned the arrest and imprisonment of journalists, bloggers and civil society activists in…
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Kazakhstan Starts Arbitration Process Over Oilfield Development Costs
Paris, Brussels (29/7 – 75) Kazakhstan has started arbitration proceedings against companies developing Kashagan and Karachaganak oilfields, over US$13 billion and $3.5 billion respectively in costs deducted as part of…
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Kenges Rakishev: Influential Entrepreneur from Kazakhstan
Paris, Washington (13/7 – 50) Kenes Rakishev (Keñes Hamitūly Raqyşev) aka Kenges Rakishev is an entrepreneur, philanthropist, former special envoy for Kazakhstan, head of the Kazakh boxing federation, a family…
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Canadian lawyer allegedly tied to major fraud case joins new NOC program office
by Flynn Owenby Flynn OwenLibya’s state-owned oil company, the National Oil Corporation (NOC), had established last month a new program office, but multiple foreign press reports claim that one of the staff running the office…
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The New Zealand government pushed back its estimated return to a budget surplus by one year as the recent flooding and cyclone added to uncertainty and ramped up costs. In…
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Grant’s Gaming Gamble is Corporate Welfare for Well Connected Friends
The Taxpayers’ Union has condemned the Government’s decision to allocate $160 million in rebates to the gaming sector over the next four years – calling it ‘corporate welfare’. Taxpayers’ Union Campaigns Manager, Callum…