• KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
29 August 2026

Viewing results 37 - 42 of 2533

Camel Farming Expands Across Central Asia as Climate Pressures Mount

Camels are gaining renewed economic importance in Central Asia as farmers seek new markets for their milk and governments look for livestock better suited to increasingly dry conditions. In Kazakhstan, camel numbers are rising and producers are developing markets for shubat, a fermented camel milk drink, and powdered camel milk. Uzbekistan, meanwhile, has begun working with the Food and Agriculture Organization of the United Nations (FAO) to develop camel husbandry in arid areas. Kazakhstan has more than 322,000 camels, according to government figures for 2026, an increase of 2.4% from the previous year. Most are raised in the vast arid lands in the west and south of the country. Camels are also an important part of Turkmenistan’s livestock sector. The herd numbered about 345,000 animals in 2020. Bactrian camels have traditionally dominated Kazakhstan’s camel herd. They can withstand sharp fluctuations between extreme heat and severe cold. Over the past two decades, Kazakhstan has also seen an increase in one-humped Arvana camels, a breed of Turkmen origin known for high milk productivity. In Turkmenistan, the Arvana is the mainstay of the industry. These camels can produce milk even when grazing on sparse desert pastures, feeding on salt-tolerant vegetation and bitter wormwood that are of little use to many other types of livestock. Milk Brings in the Money Milk offers camel farmers a product that can be sold throughout the year and increasingly processed into higher-value goods. A female Kazakh Bactrian camel can produce up to about 1,750 liters of milk annually, although yields vary considerably between breeds and farming systems. The main product on the domestic market is shubat, but larger producers have also begun processing camel milk for markets far beyond the communities where it is produced. One of the most prominent examples is Daulet-Beket LLP in the Almaty region. When a camel-milk processing plant opened there in 2021, the farm had around 5,000 camels and was producing up to five tons of shubat a day. The plant was designed to produce as much as 30 tons of powdered camel milk a month, with products being shipped to Russia and China. Smaller farms show how strong local demand can also sustain the industry. The Suleymanov family in the Almaty region started with two camels. By the time they were profiled in 2021, their herd had grown to around 70 animals. Sixteen were being milked each day, producing 52 to 53 liters. The family said customers frequently bought their shubat before it even reached Almaty. Camel Farming in Turkmenistan Turkmen state media has also highlighted privately run camel farms. A 2024 report said farmer Serdarkuli Berdyliev in Ahal province kept 320 camels, including 140 females. Average milk yields were around six liters a day. Information about private agriculture in Turkmenistan largely comes through tightly controlled state media. Camel milk production continues to feature in official coverage alongside the country’s long-established herding traditions. Camel wool remains a marketable product, although its market is much smaller than that for milk. In Turkmenistan, it...

Astana Finance Days 2026 to Draw Global Investors to Kazakhstan

Astana will host the ninth Astana Finance Days on September 9–10. This year, organizers expect more than 5,500 participants from over 80 countries, and the geography of the guests reflects the markets Kazakhstan has increasingly looked to for capital: the United States and Europe, China and Hong Kong, the Gulf states, and its Central Asian neighbors. The announced speakers include representatives of BlackRock, Goldman Sachs, Brookfield, FTSE Russell, Bloomberg, Hong Kong Exchanges and Clearing, the Shanghai Stock Exchange, and China International Capital Corporation. Representatives of Binance, Mastercard, and Telegram/TON are also expected. Kazakhstan will be represented by National Bank Governor Timur Suleimenov, Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev, Freedom Holding Corp. CEO Timur Turlov, and others. This year’s agenda reflects the region’s continuing search for new sources of financing: capital markets, investment products, financing for the real economy, regulation, financial technology, and cross-border investment. The forum will be held under the theme “Delivering Impact. Capital in Action.” Astana Finance Days was launched in 2018 alongside the establishment of the Astana International Financial Centre (AIFC). The first forum was closely linked to the creation of Kazakhstan’s new financial hub, but the range of participants has expanded considerably over the past eight years. Last year, AFD attracted more than 5,500 participants from 82 countries. They included representatives of investment firms managing approximately $1.5 trillion in combined assets. Over two days, the forum hosted 40 events featuring 160 speakers, while the Astana International Exchange announced four listings and seven agreements were signed. China and Hong Kong stand out in the 2026 guest list. Representatives of the Hong Kong Investment Corporation, the Hong Kong and Shanghai Stock Exchange, and CICC are expected in Astana. BlackRock, Goldman Sachs, and Brookfield are also represented. Kazakhstan has increasingly sought investment from the West, China, and the Middle East, so the range of institutions represented may be more significant than the overall attendance figure. There is another reason AFD goes beyond a conventional financial conference. The AIFC was established as a separate jurisdiction with its own court, regulator, and legal framework based on the principles of English common law. Kazakhstan designed it to make it easier for foreign businesses to enter the local market and raise capital. Thousands of companies from dozens of countries are now registered with the AIFC, and Astana Finance Days has effectively become an annual meeting point between businesses operating within this system and potential investors and new partners. Investment will not be the only subject under discussion in September. The program includes digital asset regulation, new financial technologies, capital markets, and corporate financing. A separate AFD Exhibition will bring together banks, asset managers, investment firms, and fintech projects.   The Times of Central Asia is a media partner of Astana Finance Days 2026. Special coverage coming soon.

Kazakhstan Mini-Refineries Eye Russia After Rail Export Restriction Lifted

Kazakhstan has lifted a railway export restriction on petroleum products from mini-refineries. For small plants, many of which operate well below capacity, the decision restores an opportunity to sell their products outside the country. Kazakhstan Temir Zholy (KTZ), the national railway company, revoked the restriction following an August 7 decision by the country’s Chief Transport Prosecutor’s Office. The timing is notable: after a series of strikes on its refineries, Russia is facing fuel shortages and has already begun importing gasoline from abroad, including Kazakhstan. Other restrictions on fuel exports from Kazakhstan remain in force, so the KTZ decision does not fully reopen gasoline and diesel exports. Some fuels remain subject to separate bans, and exports to Russia are treated differently from shipments outside the Eurasian Economic Union. What Mini-Refineries Produce The number of mini-refineries actually operating in Kazakhstan depends on how such facilities are defined. Official documents have referred to roughly 30 small petroleum-product producers. More recent industry data provide a clearer picture: more than 30 mini-refineries are registered, with declared crude-processing capacity of about 4.5 million metric tons a year. Of these, 22 are considered operational, with a combined capacity of about 2 million tons. Actual processing is considerably lower, having increased from roughly 400,000 to 800,000 tons annually over the past five years. These are not smaller versions of Kazakhstan’s major refineries in Atyrau, Pavlodar, and Shymkent. Most mini-refineries lack equipment for deep refining, so their output is simpler. Their main products include fuel oil, heating and marine fuels, naphtha, and other distillates. In 2023, mini-refineries processed 895,000 tons of feedstock and produced 346,000 tons of fuel oil, 145,000 tons of diesel fuel, and 171,000 tons of bitumen. Much of this output was not intended for Kazakhstan’s motorists. Mini-refineries produce semi-finished products, including straight-run fuel oil with a relatively high share of light fractions that can be processed further. Their opportunities on the domestic market are also limited by product quality: Kazakhstan has required K4 and K5 motor-fuel standards since 2018, while official assessments say mini-refineries generally lack the equipment to produce fuel above the K3 standard. Restoring export opportunities could therefore have a tangible economic effect for these businesses. The plants have spare capacity but insufficient domestic demand for much of their current product range. Rail exports once again give them a way to look for buyers outside Kazakhstan. And that inevitably raises the question of Russia. Russia Is Looking Abroad for Fuel There is no direct evidence that KTZ lifted the restriction specifically because of the Russian market. Neither the Kazakh authorities nor the railway company has made such a connection. But the decision comes at a convenient time for potential Russian buyers. Ukrainian drone strikes and unplanned refinery outages have reduced Russian gasoline production and contributed to domestic shortages. Moscow has responded by restricting fuel exports and increasing imports from abroad. Russia has already turned to several suppliers. In July, Belarus shipped a record 212,000 tons of gasoline to Russia, while Moscow has also begun...

Kazakhstan and Kyrgyzstan Dispute Cause After Regional Power Failure Hits Almaty

A major power failure affected parts of Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan on August 14. In Almaty, electricity went out at 2:38 p.m. local time in four districts, disrupting transport and traffic in Kazakhstan’s largest city. Traffic lights stopped working and some businesses closed. The metro suspended service, and passengers still underground were evacuated. At several busy intersections, motorists and delivery couriers began directing traffic themselves. In Kyrgyzstan, outages affected parts of Bishkek and Issyk-Kul Region. “An accident in the power system of a neighboring country affected the Central Asian power grid. As a result, power supply disruptions were observed in the Surkhandarya region and several other regions,” Uzbekistan’s Energy Ministry said. In Tajikistan, electricity went out in Dushanbe at about 3 p.m. and in numerous other cities and districts. Later that day, the Ministry of Energy and Water Resources said it had formed a working group to determine the cause. The ministry also denied reports of an accident at the Nurek Hydropower Plant. The Kazakhstan Electricity Grid Operating Company (KEGOC) later issued a preliminary account attributing the blackout to an emergency at Kyrgyzstan’s Toktogul Hydropower Plant. “Due to the emergency shutdown of two hydropower units with a combined capacity of 600 megawatts at the Toktogul HPP in the Kyrgyz Republic, there was a power surge on the North-South transit line, causing an overload and its disconnection by emergency protection systems. As a result, Kazakhstan’s southern zone was separated from the country’s unified power system,” KEGOC explained. Kyrgyz energy officials offered a different account. They said an external outage occurred at 3:34 p.m. Kyrgyzstan time on a high-voltage transmission line connecting northern and southern Kazakhstan. The disturbance split the Central Asian grid into isolated sections, leaving Kyrgyzstan temporarily operating autonomously while automatic protection safeguarded equipment. Both accounts illustrate the interdependence of the Central Asian Power System (CAPS). The Soviet-era network connected the region’s electricity systems across borders that were then internal. It was part of a regional water-and-energy arrangement in which hydropower releases from upstream republics supported irrigation downstream. Cross-border power exchanges declined after the Soviet Union collapsed. In 1999, the governments of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan signed a parallel-operation agreement. Turkmenistan disconnected from CAPS in 2003, while Tajikistan was disconnected from Uzbekistan in December 2009. Tajikistan and Uzbekistan signed an electricity-trade agreement in March 2018. The southwestern section of Tajikistan’s grid reconnected to CAPS in June 2024, but the northern connection was still under development in July 2026. Turkmenistan remains outside the system. In an assessment published on August 16, Zhakyp Khairushev, chairman of the Public Council under Kazakhstan’s Ministry of Energy, called the incident a serious test of the country’s southern power system. He said emergency protection contained the disruption and allowed electricity to be restored in stages. Power restrictions in Kazakhstan were lifted by 5 p.m., but Kazakhstan and Kyrgyzstan continued to disagree over where the failure began.

Kazakhstan and Kyrgyzstan Give Conflicting Accounts of Four-Country Blackout

Kazakhstan and Kyrgyzstan have given differing accounts of what triggered the August 14 blackout that cut electricity across swathes of Central Asia. Three days later, the initiating event remains unresolved, and the times released by the two sides do not fit neatly into the same sequence. Kazakhstan’s national grid operator KEGOC says two hydrogenerators at Kyrgyzstan’s Toktogul Hydropower Plant, with a combined capacity of 600 MW, disconnected at 2:37 p.m. Kazakhstan time. KEGOC said the sudden loss of generation overloaded the North-East-South transit corridor, separating southern Kazakhstan from the rest of the national grid and the interconnected systems of Kyrgyzstan, Uzbekistan, and Tajikistan. A special commission is investigating the causes. Meanwhile, Kyrgyzstan’s National Electric Grid has given a different chronology. It said that at 3:34 p.m. Kyrgyzstan time, an external disconnection occurred on a high-voltage line linking the northern and southern parts of Kazakhstan’s power system. The Central Asian network then split into an isolated section, and Kyrgyzstan temporarily operated separately while automatic protection systems worked to protect equipment. The one-hour difference between the countries’ clocks makes the discrepancy clearer. Kazakhstan has used UTC+5 nationwide since 2024, while Kyrgyzstan uses UTC+6. That puts Kyrgyzstan’s reported line disconnection at 2:34 p.m. Kazakhstan time, three minutes before KEGOC’s stated 2:37 p.m. Toktogul shutdown. The two times may describe different stages of a fast-moving cascade, but they do not establish the same starting point. A third timestamp complicates the sequence. Alatau Zharyq Company said three 500 kV KEGOC transmission lines shut down at 2:38 p.m., and that those lines triggered automatic load-shedding and frequency protection in Almaty and the surrounding region. Taken together, the public statements leave a sequence of 2:34 p.m., 2:37 p.m., and 2:38 p.m. that investigators will need to reconcile. TCA reporters in Almaty and Bishkek experienced power cuts, while local media reported outages in Dushanbe, Khujand, and southern parts of Uzbekistan. In Kazakhstan, the disturbance affected consumers in the Zhambyl, Turkistan, Kyzylorda, Zhetysu, and Almaty regions, with further restrictions in Karaganda, Ulytau, and Abai. KEGOC said supplies were restored across the affected regions later that afternoon. The four-country impact reflects how tightly the systems are connected. Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan operate in parallel through the Central Asian power system. Cross-border links allow operators to share electricity and reserve capacity, but also mean that a sudden loss of generation or a major transmission line can be felt beyond one national grid before protection systems isolate the disturbance. Central Asia has been here before. In January 2022, a major blackout hit southern Kazakhstan, Kyrgyzstan, and Uzbekistan. The event also involved a sharp imbalance on the regional network and the separation of Kazakhstan’s northern and southern grids. Its precise starting point was disputed in the immediate aftermath. The regional grid dates to the Soviet period. Uzbekistan later withdrew from the old electricity ring, leaving Tajikistan largely isolated for years. Regional links have since been rebuilt; Tajikistan began reconnecting to the unified system in 2024. An Asian Development Bank project is adding...

Psychologists in Kyrgyzstan Face New Regulation Push

Parents in Kyrgyzstan have been contacting member of parliament Elvira Surabaldieva with a basic question: the person counseling their child online calls themselves a psychologist, but are they actually qualified? There is currently no unified system through which families can check. The authorities now want to establish uniform rules for psychologists for the first time. The bill is being prepared by member of parliament Elvira Surabaldieva. The initiative followed requests from parents and other citizens who wanted to verify the qualifications of people offering psychological services online. According to Surabaldieva, some begin providing consultations after two- or three-month courses, while consultations can cost between 3,000 and 10,000 som ($34-$114) per session. Social media has made it considerably easier to enter the psychological services market. To a potential client, a polished page and thousands of followers can appear as convincing as professional qualifications. There is often no straightforward way to verify a consultant’s education and experience before the first session. Work with children is particularly sensitive. Surabaldieva said parents had approached her specifically because their children were receiving online consultations and they wanted to know whether the practitioners involved were properly qualified. The bill proposes establishing the professional status of psychologists in law. Exactly what education will be required remains under discussion. The working group is considering conventional psychology degrees as well as possible routes for people with qualifications in other fields who subsequently receive additional psychology training. Surabaldieva has argued, however, that completing several short-term courses alone should not be enough to qualify someone as a professional psychologist. The second proposal is a unified registry. Before seeking a consultation, clients would be able to check a specialist’s education, qualifications, and professional experience. But that raises another question: who should decide who is qualified to practice? An interagency working group began a clause-by-clause review of the legislation in Bishkek in early August. One option under discussion would give professional bodies a role in assessing applicants. Surabaldieva supports keeping the registry under state oversight rather than transferring that authority to private professional associations. The proposal would therefore give the state a new role in determining who can present themselves as a qualified psychologist. So far, however, there appears to have been little public discussion of whether tighter requirements could reduce the number of practitioners or increase the cost of consultations. Another point of debate concerns people with years of practical experience whose education may not meet the future requirements. That is particularly important because some state institutions already employ psychologists whose original training was in fields such as education or social work. The working group is considering a transition period of two or three years, giving experienced practitioners time to meet the new standards rather than forcing them to leave the profession immediately. Kyrgyzstan is not alone in facing this problem. A 2025 conference abstract published by European Psychiatry describes inadequate regulation of psychological services in Kyrgyzstan, Tajikistan, and Uzbekistan, which has allowed underqualified practitioners, often with only short-term training, to advertise themselves as...