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%
Anti-crisis Economic plan
On April 24, 2020 Prime Minister of Georgia – Giorgi Gakharia, presented Anti-Crisis Economic plan. Prime Minister reviewed social programs and economic reliefs that the government of Georgia had already implemented. Prime Minister presented the following anti-crisis plan:
Important Coronavirus business measures in Germany that you should know
Since its emergence, the coronavirus has caused devastating consequences to the whole world´s health and economy. Germany is also one of the biggest victims, although it seems to be slightly better off than other main European Countries.
06.05.2020
In 2020, Kazakhstan faces a hurricane in the form of the impact consequences of the COVID-19 pandemic and the plunge in the price of oil to a 20-year low, including, among others, decreased economic activities, devaluation of the local currency (tenge), reduced foreign direct investments in risky markets and shrinking state budgets.
COVID-19. Who can take advantage of credit vacations and how?
In the third final reading the state Duma adopted amendments to the Federal law "On the Central Bank of the Russian Federation (Bank of Russia)" providing holiday loans to citizens, individual entrepreneurs and small businesses caught in a difficult situation due to the pandemic coronavirus (COVID-19).
29.04.2020
The brochure provides you with the comprehensive information about the main forms of doing business in Kazakhstan, including a detailed comparison table of such forms, information on the tax structure, bankruptcy, PPP and frequently asked questions for starting and doing business in Kazakhstan.