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Kasym-Zhomart Tokayev announced the launch of digital platforms and the development of fintech.

Submitted by fbrk_news on
At the meeting of the Council for the Development of Artificial Intelligence (AI), President Kassym-Jomart Tokayev listed the digital projects being implemented and outlined tasks for the development of infrastructure, fintech and digital assets.

The President of Kazakhstan has instructed that the assessment of the digital economy’s contribution to GDP be reviewed.

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At a meeting of the Council for Artificial Intelligence (AI) Development, Kassym-Jomart Tokayev identified AI development as a strategic direction and instructed an assessment of the digital economy’s contribution to the country’s gross domestic product (GDP). He also highlighted the need for an objective analysis of the impact of digitalisation to avoid distorting real economic indicators.

The Government of Kazakhstan has allocated 1.8 billion tenge for the repair of the thermal power plant in Ridder.

Submitted by fbrk_news on
The Government of Kazakhstan has allocated approximately 1.8 billion tenge for the repair of heating networks and equipment at the combined heat and power plant (CHP) in the city of Ridder, East Kazakhstan Region (EKR). The decision was formalised by a decree signed by Prime Minister Olzhas Bektenov.

The exchange rate of the tenge in Kazakhstan strengthened in April against the backdrop of growth in exchange trading.

Submitted by fbrk_news on
According to the results of April 2026, the tenge exchange rate strengthened by 3.1% and stood at 463.09 tenge per US dollar. At the same time, the average daily trading volume on the Kazakhstan Stock Exchange increased from $372 million to $394 million.

The prosecutor's office stopped violations worth 80 million tenge during the construction of a hospital in Stepnogorsk.

Submitted by fbrk_news on
In the town of Stepnogorsk, Akmola Region, violations were identified during the construction of the "G and E" operating unit of the multidisciplinary city hospital. Following the inspection, the contract with the contractor was terminated, and the client filed a claim for the return of 80 million tenge.

A resident of Shymkent pretended to be a DER employee and received 25 million tenge

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In Shymkent, a man who posed as an employee of the economic investigations service and received 25 million tenge from a business representative has been detained. He is suspected of deception under the pretext of helping to remove a facility from the inspection list.

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Why the Senate of Kazakhstan returned the bill on stray animals to the Mazhilis

Submitted by Вера Александрова on
The Senate of Kazakhstan has returned the bill on stray animals to the Mazhilis for revision. At the same time, the provision on the euthanasia of stray animals remains in the document — the changes relate to the procedure for its application. The FBK editorial team explains which specific provisions are proposed to be adjusted and why.

The court restored the rights of a foreign investor in a case involving fraud worth 3.5 billion tenge

Submitted by fbrk_news on
The court found citizen M. guilty of fraud on an especially large scale in the case of the illegal sale of a foreign investor's share. The injured party was recognised as Swiss investor Cornelia Luc Jarczyk; her claim for 3.5 billion tenge was satisfied in full.

<p>Nazarbayev's bank in Russia saw its net profit increase more than tenfold</p>

Submitted by fbrk_news on
The Russian "Asia-Pacific Bank", controlled by funds of former President of Kazakhstan Nursultan Nazarbayev, increased its net profit from 1.5 billion roubles in 2021 to 16 billion roubles in 2025. This exceeds the average market dynamics in the Russian Federation, where the banking sector reduced profitability by almost 8%.

The AFM has uncovered a fake life insurance scheme causing damage of 620 million tenge in Almaty.

Submitted by fbrk_news on
The Financial Monitoring Agency (FMA) is investigating a case of fraud in the field of illegal investment activities in Almaty. According to the investigation, from 2013 to 2021, citizens were induced to invest under the guise of life insurance. The damage to 270 victims exceeded 620 million tenge.

Here is the translation of the text from Russian to British English, with HTML tags preserved exactly as-is:

Results of the Ministry of Industry of Kazakhstan for 2025

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At the Ministry of Industry and Construction, a board meeting was held under the chairmanship of First Deputy Prime Minister Roman Sklyar to review the results of 2025. The manufacturing industry grew by 6.4%, and 20.1 million square metres of housing were commissioned. A new Construction Code and a Subsoil Code were adopted.

The court of the West Kazakhstan Region ordered the individual entrepreneur to refund money to students of the online marketplace school.

Submitted by fbrk_news on
The Department of Trade and Consumer Rights Protection for the West Kazakhstan Region filed a court claim on behalf of 21 consumers who had completed training at an online school for marketplace manager preparation. The court annulled 21 contracts and ordered two individual entrepreneurs to pay 490,000 tenge and 20,000 tenge in moral damages to each consumer. The ruling has not yet entered into legal force.

The CEO of the oil and gas company was unable to answer the questions of a Majilis deputy.

Submitted by fbrk_news on
In the Majilis, deputy Zhanbyrshin criticised representatives of oil companies for purchasing goods from China instead of supporting Kazakhstani manufacturers. Liu Jincheng, CEO of Maten Petroleum JSC, reported six long-term contracts with domestic enterprises but could not name them specifically.
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