Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Kazakhstan Business Brief.

Lakeland Fire + Safety’s Jolly Scarpe Ships $3.1 Million Fire Boot Order with Italian Government
Total Contract has Provided 47,500 Intervention Boots for Firefighters HUNTSVILLE, Ala., July 23, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of...

Kazakhstan advances financial crime prevention with OSCE-led virtual asset training sessions
In November 2024, the General Prosecutor’s Office and the Financial Monitoring Agency of Kazakhstan hosted two specialized training sessions on the criminal use of virtual assets and blockchain technology. Organized by the OSCE in collaboration...

ADB and Local Currency Financing: A 20-Year Journey
Twenty years ago, ADB issued its first local currency bond. The Indian rupee bond represented about $110 million equivalent at the time. Over the following three years, ADB raised funding from onshore bond issues in Malaysian ringgit, Thai baht,...

Underscoring the Importance of the Relationship Between Uzbekistan and Kazakhstan, Astana Hosts the Prestigious Zakovat Asian Cup Tournament with Special Guests Saida Mirziyoyeva, Erlan Karin, and Komil Allamjonov: Updated 9/3/2024
O`zbekiston, Sept. 03, 2024 (GLOBE NEWSWIRE) -- O`zbekiston, Andijon - Tashkent, Uzbekistan – The Zakovat Asian Cup tournament took place this month in the vibrant city of Astana, Kazakhstan, further solidifying the growing cultural ties between...

Underscoring the Importance of the Relationship Between Uzbekistan and Kazakhstan, Astana Hosts the Prestigious Zakovat Asian Cup Tournament with Special Guests Saida Mirziyoyeva, Erlan Karin, and Komil Allamjonov
O`zbekiston, Sept. 03, 2024 (GLOBE NEWSWIRE) -- O`zbekiston, Andijon - Tashkent, Uzbekistan – The Zakovat Asian Cup tournament took place this month in the vibrant city of Astana, Kazakhstan, further solidifying the growing cultural ties between...

Report states Russia ousts Germany from international top-five beer brewers
(MENAFN) For the first time, Russia has overtaken Germany in beer production, pushing the European country out of the world’s top five beer-producing nations, according to a report released Tuesday by BarthHaas, a leading global hop trader. In...

Lakeland Fire + Safety Issues Shareholder Letter and Provides Corporate Update
HUNTSVILLE, Ala., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders,...

Teniz Capital to Lead Second Phase of Black Sea Trade and Development Bank Bond Placement on the Astana International Exchange
Almaty, Kazakhstan, 6 February 2025 – Teniz Capital Investment Banking, a leading investment bank in Central Asia and the Middle East, will lead the second phase of bond placement for multilateral financial institution Black Sea Trade and...

KSPI INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Joint Stock Company Kaspi.kz Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO, Feb. 08, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) publicly traded securities between January 19, 2024 and September...

Trading Meets Luxury: Bybit Kazakhstan Brings Unmatched Prizes to Local Crypto Traders
ALMATY, Kazakhstan, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is redefining the way users join the crypto trading journey. In a new event from now until Feb. 28, 2025, Bybit.kz...

Save the Caspian Sea campaign requests access to Environmental Information in major Oil and Gas deals in Kazakhstan
ALMATY, KAZAKHSTAN, January 31, 2025 /EINPresswire.com/ -- The Save the Caspian Sea (SCS) campaign is calling for the release of crucial environmental information contained in the PSAs for Kazakhstan’s Karachaganak and Kashagan oil fields, as...

Hepsiburada Announces the Closing of the Change of Control Transaction between Joint Stock Company Kaspi.kz and the Founder of Hepsiburada and Other Affiliates
ISTANBUL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), announces the closing (the “Closing”), on January 29, 2025 (the “Closing Date”), of the previously disclosed transaction...

EBC Financial Group Tracks Market Trends as BRICS Expands Across Asia and Africa
BRICS expands membership and partnerships in Asia, Africa, and Latin America, marking a shift in global trade dynamics and regional market influence. LONDON, UNITED KINGDOM, January 23, 2025 /EINPresswire.com/ -- EBC Financial Group examines the...

EBC Financial Group Tracks Market Trends as BRICS Expands Across Asia and Africa
BRICS expands membership and partnerships in Asia, Africa, and Latin America, marking a shift in global trade dynamics and regional market influence. LONDON, UNITED KINGDOM, January 23, 2025 /EINPresswire.com/ -- EBC Financial Group examines the...

Kaspi.kz to Announce 4th Quarter and Full Year 2024 Financial Results on 24th February
ALMATY, Kazakhstan, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and year ended December 31, 2024, on Monday, 24th February, 2025. On that day, management will hold a conference call and...

WAIFC members follow up on comprehensive pledge to promote gender equality in the financial sector
WAIFC members and observers follow up on the comprehensive pledge signed in New York in October 2023 to promote gender equality in the financial sector. BRUSSELS, BELGIUM, January 21, 2025 /EINPresswire.com/ -- Following an initial understanding...

Titanium Market worth $29.87 billion by 2030, at a CAGR of 3.8%, says MarketsandMarkets™
Delray Beach, FL, July 21, 2025 (GLOBE NEWSWIRE) -- The Titanium Market is projected to grow from USD 24.84 billion in 2025 to USD 29.87 billion by 2030, at a CAGR of 3.8%. , as per the recent study by MarketsandMarkets™. Demand for titanium is...

IG Asia Recon Drilling Intercepts 50 Meters of 1.16% Copper Equivalent at Yuzhnaya Ploschad Prospect, Pribrezhniy Project Kazakhstan
CHARLESTOWN, Saint Kitts and Nevis, Jan. 21, 2025 (GLOBE NEWSWIRE) -- IG ASIA LLC (“IG Asia” or the “Company”), a private Nevis based company, is pleased to announce encouraging exploration results from an initial reconnaissance drilling program...

Nebraska Manufacturer Expands in Kazakhstan
Reinke Manufacturing is a manufacturer of center pivot and lateral move irrigation systems. Reinke exports worldwide and are continually looking to expand their dealer network with quality partners. Kazakhstan was high on their list of priority...

DHS Announces Addition of 37 PRC-Based Companies to UFLPA Entity List
WASHINGTON – Today, the Department of Homeland Security (DHS), on behalf of the Forced Labor Enforcement Task Force (FLETF), announced the addition of 37 entities to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, marking the largest...