Capital market in Kazakhstan – is there a positive outlook?
The recent outbreak of COVID-19 pandemia has not created any new issues for Kazakhstan’s economy, it has just uncovered the existing ones. Long before the pandemia it was already clear to the Kazakh Government that “oil era” is coming to an end and new instruments shall be developed to attract money to the country. As a response to the challenging reality, the Kazakh Government has to apply non - resource based means to boost the economy. Creating a strong capital market that will attract regional and foreign investors to Kazakhstan is one of such non - resource based measures.
Kazakhstan: First steps to becoming a regional hub for Islamic finance
Despite the attempts of the government of Kazakhstan to make its Islamic finance market more attractive, Islamic products are still rarely used in Kazakhstan. Currently, according to the National Bank of Kazakhstan, the share of Islamic banking assets in Kazakhstan represents an insignificant part of the total assets of the banking sector: 0.21% (a year earlier the share was 0.16%). According to the Astana International Financial Center (AIFC), the target to achieve by 2025 is 5–7%
Kazakhstan: Corporate M&A 2020
M&A market in Kazakhstan remained strong in 2019, as it was in 2018. Activity was largely driven by ongoing consolidation of Kazakh banks because of the increased capitalisation requirements of the financial regulator, consolidation in the telecommunications sector and acquisitions in the IT sector.
16.04.2020
The firm rises in the rankings released by Legal 500 and takes positions in eight jurisdictions – Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
17.02.2020
Following the release of Chambers Global 2020, one of the most reputable international legal directories identifying best legal experts across the globe, GRATA International solidifies its position as one of the leading law firms in Eastern Europe and Central Asia by entering rankings in six countries.
Astana International Financial
Center (AIFC) held a working
meeting on January 9-10, 2020
in Almaty
A working meeting was held at the AIFC office in Almaty, where the final results of the work of the AIFC and its burse (Astana International Exchange) for 2019 and plans for 2020 were discussed.
GRATA International took part
in the XIV Kazakhstan Forum
of Corporate Lawyers in Almaty
On November 7-8, the RIXOS Hotel in Almaty held the Corporate Lawyers Forum.
15.04.2019
Legal 500 has recently released its annual rankings of international law firms – Legal 500 EMEA 2019.
GRATA International in China
Business Law Journal: Deals of the Year 2018
We are glad to announce that one of GRATA International’s successful projects has been selected as of the winners of China Business Law Journal: Deals of the Year 2018.
16.11.2018
On 8-9 November 2018, the XIII Kazakhstan Forum of Corporate Lawyers was held in Almaty.