KAZAKHSTAN | Jotup

Russia and the Taliban: here’s why Putin wants to get closer to Afghanistan’s current rulers

Retrieved on:

Thursday, April 18, 2024

Crocus City Hall, Economic union, Muslims, History, Economic development, Policy, Collective, Kremlin, Illegal drug trade, UN, Drug

The Kremlin has opened up discussions with the Taliban before, and Russia was one of the few nations to accredit a diplomat when the organisation took control of Afghanistan.

Key Points:

The Kremlin has opened up discussions with the Taliban before, and Russia was one of the few nations to accredit a diplomat when the organisation took control of Afghanistan.
But Afghanistan’s political and economic crisis and western sanctions on Russia due to the Ukraine war mean both sides have something to gain from a stronger relationship.
A few months later, Vladimir Putin signed a decree implementing the UN resolution and imposing sanctions against the Taliban.

Interests and goals

The Taliban wants international sanctions to be withdrawn, to take Afghanistan’s UN seat and for frozen assets to be released, which will help the country’s economic development.
Russia taking the Taliban off their terrorism list would be a first step toward international recognition for the current Afghan government.
Russia’s 2023 foreign policy plan mentions prospects for Afghanistan’s integration into “the Eurasian space for cooperation”.

Russia’s relationship building

The increasing cooperation between the Taliban and Russia has implications in terms of the ongoing rivalry between Russia and the west.
Since the beginning of the Ukraine war, Moscow has tried to get other nations to support its strategic view of why the war is happening.
This version of history and policy positions Russia as a protector of traditional religions and values and places it among major world civilisations, contrasting it with the “godless” west.

Intigam Mamedov does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Deltrix Kazakhstan Expands in Central Asia Joins Hands with CAMCE to Deepen Regional Cooperation Along The 'Belt and Road'

Retrieved on:

Wednesday, April 10, 2024

Belt, Electronics, Policy, PetroChina, Retail

[Hong Kong - 27 March 2024] Trio Industrial Electronics Group Limited (“Trio Group” or the “Group”, Stock code: 1710.HK) subsidiary, Deltrix Kazakhstan (the “Company”), has shown strong business expansion momentum in Central Asia in just six months since its establishment.

Key Points:

[Hong Kong - 27 March 2024] Trio Industrial Electronics Group Limited (“Trio Group” or the “Group”, Stock code: 1710.HK) subsidiary, Deltrix Kazakhstan (the “Company”), has shown strong business expansion momentum in Central Asia in just six months since its establishment.
As a state-owned enterprise directly under the central government affiliated to China National Machinery Industry Corporation (SINOMACH), CAMCE has undertaken a large number of landmark projects around the world with its profound technical capacity, excellent project execution and extensive international influence.
Deltrix Kazakhstan, supported with its parent company's strong strength in the field of industrial electronics, is actively engaged in the construction of the new energy vehicle industry.
This cooperation not only strengthens the strategic layout of Trio Group in the Central Asian market, but also demonstrates the competitiveness and influence of Hong Kong enterprises on the international stage.

INTO University Partnerships' PASS Program Boosts Visa Success Rates for US-bound International Students

Retrieved on:

Tuesday, March 19, 2024

F1, University, Q&A, Education, Interview, Student, Enrollment, PASS, Tutoring

Centered around expanding educational opportunities of international students, the unique service is helping students worldwide arrive on campuses of US universities.

Key Points:

The program is free of charge for students, with a central goal of ensuring international students have greater access to education in the US.
Unlike conventional light-touch visa guidance, INTO University Partnerships' PASS program upholds a hands-on approach, creating a simulated interview experience for students and led by a team of experienced advisors.
Laura Nye, PASS Program Manager at INTO University Partnerships said: "The US international student visa application and interview is a complicated and challenging process for many students.
Launched in 2020 to support international students from countries with low US visa success rates, INTO University Partnerships' PASS program has accelerated to become a fully-fledged service, supporting hundreds of students.

Announcement of AGM Results

Retrieved on:

Tuesday, April 9, 2024

Shareholder, Annual, Bank statement, JSC, Annual general meeting, KZT

To approve JSC Kaspi.kz's 2023 annual audited financial statements.

Key Points:

To approve JSC Kaspi.kz's 2023 annual audited financial statements.
To take a note of the information on shareholders' appeals on JSC Kaspi.kz and its officers’ actions in 2023.
To approve the unlimited term of office of the current Board of Directors.
To reappoint Deloitte LLP as the external auditor to review JSC Kaspi.kz’s 1st and 2nd quarters of 2024 financial statements.

EMGA secures US$ 50M debt finance for Kazakhstan’s MFO KMF

Retrieved on:

Tuesday, April 9, 2024

KMF, Partnership, Trust, MFO, Multilateralism, Female, JICA, Investment banking, MFI, Official development assistance, Government, Developed country

KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.

Key Points:

KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own.
EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are delighted to have arranged this new landmark debt facility for our long-standing client KMF.
MFO “KMF” disburses clients individual and group loans for the following types of activity: business, trade, crop farming and cattle-breeding, production and services and consumer lending.
Emerging Markets Global Advisory Limited (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital.

Kaspi.kz to Announce 1st Quarter 2024 Financial Results on 22nd April

Retrieved on:

Tuesday, April 2, 2024

Webcast, KSPI

ALMATY, Kazakhstan, April 02, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter ended March 31, 2024, on Monday, 22nd April, 2024.

Key Points:

ALMATY, Kazakhstan, April 02, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter ended March 31, 2024, on Monday, 22nd April, 2024.
On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the first quarter.

Global Uranium Production to Increase as Prices Are Expected to Hit a 15 Year High

Retrieved on:

Tuesday, April 2, 2024

It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.

Key Points:

It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.
The continuous ramp-up of Canada’s McArthur River uranium mine will also contribute to the global increase, it adds.
Despite a 5.1% dip in output in 2023 due to planned lower production from Kazatomprom, its output is expected to recover in 2024, with forecast production of 23.2kt.
It continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

Reborn Coffee Reports Fiscal Year 2023 Financial Results

Retrieved on:

Thursday, March 28, 2024

Flagship, Farm, Growth, Exchange, SGT, Partnership, Tous les Jours, Coffee, Art, City, Investment, Amazon Marketplace, Marketing, Millennium Hotel

BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the fiscal year ended December 31, 2023.

Key Points:

BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the fiscal year ended December 31, 2023.
Held grand opening of a new flagship store under the newly incorporated Reborn Coffee Malaysia, at the Exchange TRX mall in Kuala Lumpur, Malaysia.
Closed a $1.0 million private placement equity investment from accredited investor, allowing Reborn Coffee to continue expanding its footprint both in the U.S. and internationally.
This conversion strengthens the company's financial structure and signals to investors and stakeholders the promising future that lies ahead for Reborn.

ArcelorMittal publishes revised analyst model per new segmental reporting

Retrieved on:

Wednesday, March 27, 2024

NAFTA, EPS, Sale, Investment, Depreciation

As announced with ArcelorMittal’s (‘the Company’) fourth quarter 2023 financial results, the Company has amended its presentation of reportable segments and EBITDA.

Key Points:

As announced with ArcelorMittal’s (‘the Company’) fourth quarter 2023 financial results, the Company has amended its presentation of reportable segments and EBITDA.
India is a high growth vector of the Company, with our assets well-positioned to grow with the domestic market;
A new ‘Sustainable Solutions’ segment is composed of a number of high-growth, niche, capital light businesses, playing an important role in supporting climate action (including renewables, special projects and construction business).
Previously reported within the Europe segment, this is a growth vector of the Company and represents businesses employing over 12,000 people at more than 260 commercial and production sites across 60+ countries;
Following the sale of the Company’s operations in Kazakhstan, the remaining parts of the former ‘ACIS’ segment have been assigned to ‘Others’; there are no changes to the ‘Brazil’ and ‘Mining’ segments.
The following periods: FY 2021, FY 2022 and FY 2023 and all four quarters of 2023 - have been recast in the Company’s published analyst model which can be viewed here: https://corporate.arcelormittal.com/investors/results
In addition, the Company has included key reconciliations of net income/ (loss) to EBITDA and adjusted net income and adjusted EPS as well as provided historic key performance indicators for its three key JVs: AMNS India, AMNS Calvert and VAMA.

Bulat Utemuratov Foundation supports World Autism Awareness Day with initiatives across Kazakhstan

Retrieved on:

Monday, April 8, 2024

Diagnosis, Health, Growth, Disease, Spectrum, Welfare, Quality of life, City, World Health Organization, Social skills, Social, Parent, ASD, Vaccine

ALMATY, Kazakhstan, April 8, 2024 /PRNewswire/ -- On 2 April, the Bulat Utemuratov Foundation marked World Autism Day by announcing it would be using the month to raise awareness of autism.

Key Points:

ALMATY, Kazakhstan, April 8, 2024 /PRNewswire/ -- On 2 April, the Bulat Utemuratov Foundation marked World Autism Day by announcing it would be using the month to raise awareness of autism.
Over the month of April, the Foundation's Asyl Miras Autism Centers, which operate in 12 cities across Kazakhstan, will hold open days to educate visitors about ASD.
Marat Aitmagambetov, Director of the Bulat Utemuratov Foundation said, "In recent years we have seen an increase in parents requesting autism diagnostic consultations for their children.
Effective ASD management can significantly improve the social skills of children with the condition, and the Foundation remains committed to supporting Kazakhstanis with autism.