• KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%
  • KGS/USD = 0.01168 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09174 0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28615 0.14%

Viewing results 1 - 6 of 13

Kazakhstan and the UAE Are Building a Geoeconomic Powerhouse Spanning Asia and the Gulf

Kazakhstan President Kassym-Jomart Tokayev’s recent mid-January visit to the United Arab Emirates (UAE), to attend the Abu Dhabi Sustainability Week (ADSW) Summit, underscores the strategic importance both nations place on their bilateral ties. ADSW is a prominent global platform dedicated to accelerating sustainable development and promoting international cooperation on the global environmental agenda. The 2025 summit — with the theme, “Nexus of Next: Supercharging Sustainable Progress” — was designed specifically to explore advanced technologies such as artificial intelligence, renewable energy, and innovative sustainability solutions. As leader of the most dynamic of the Central Asian economies, President Tokayev’s presence signaled his country’s ambition to play a more prominent role in addressing environmental challenges at an international level. In his keynote speech, Tokayev addressed environmental issues that are particularly critical for Kazakhstan, including desertification, biodiversity loss, water scarcity, and food security. He emphasized his country’s multifaceted approach to these challenges, which includes digital technologies, large-scale infrastructure projects, and the development of nuclear energy as a low-carbon solution. Kazakhstan has recently launched initiatives, such as expanding solar and wind farms and implementing advanced irrigation systems to combat desertification. Tokayev also highlighted Kazakhstan’s commitment to meeting its renewable energy targets, aiming to generate 15% of its electricity from renewables by 2030, in partnership with global leaders in green technology. Overall, the ADSW Summit provided a platform for Kazakhstan to engage with international partners, share its vision for sustainable development, and explore collaborative opportunities to address global environmental challenges. Kazakhstan’s efforts include the development of the Mohammed bin Rashid Al Maktoum Solar Park, which will have a capacity of 5,000 megawatts (MW) by 2030, and participation in the Space-D programme, which enhances operational performance through nano-satellites. In particular, President Tokayev met with UAE President Sheikh Mohamed bin Zayed Al Nahyan to discuss bilateral relations. The two leaders agreed to focus on a specific economic agenda — focused on trade, investment, and sustainable development — to create positive bilateral trade dynamics. Their Joint Declaration on Strategic Investment Projects in these fields was also highlighted. Kazakhstan and the UAE have developed a dynamic and multifaceted partnership over the past three decades. Since establishing diplomatic relations in 1993, the UAE has become Kazakhstan’s leading strategic partner in the Arab world. Early cooperation focused on trade and investment but has since expanded to include sectors such as petrochemicals, energy, transport, logistics, agriculture, and aerospace. Key milestones include the establishment of direct flight routes between the two countries and the signing of long-term investment agreements in the mid-2000s. Tokayev noted that direct investment from the UAE into Kazakhstan more than doubled from 2023 to 2024, placing the country among the top ten largest foreign investors in Kazakhstan. A focal point of their discussion was the goal of increasing bilateral trade turnover to $1 billion. In this context, the Dubai International Chamber has established a representative office in Kazakhstan to boost trade and investment opportunities further still. For several years, the UAE has been expanding its cooperation with the Greater Caspian...

Mirziyoyev: Central Asia Can Become a Global Green Energy Hub

President Shavkat Mirziyoyev of Uzbekistan delivered a keynote address at the Sustainability Week Summit in Abu Dhabi on January 14. The event, hosted by UAE President Sheikh Mohammed Al Nahyan, gathered global leaders, including the presidents of Azerbaijan and Kazakhstan, the prime ministers of Italy, Malaysia, and Finland, as well as heads of international organizations and financial institutions. The Urgency of Transitioning to a Green Economy In his speech, Mirziyoyev emphasized the critical need for a green economic transition, stating: “The diversification of energy sources and a drastic reduction of hydrocarbons are now critical conditions for mitigating climate change and ensuring global security.” Mirziyoyev noted that Uzbekistan has declared 2025 as the “Year of Environmental Protection and Green Economy.” The country’s strategic goal, under the "New Uzbekistan" framework, is to achieve sustainable economic growth through environmental sustainability and resource conservation. Low-Carbon Development Goals Outlining Uzbekistan’s low-carbon development strategy, Mirziyoyev announced plans to integrate green finance into 50% of investment projects over the next five years; reduce greenhouse gas emissions by 35% by 2030; "Green" at least 30% of urban areas; and ensure that 100% of agricultural lands adopt water-saving technologies. Mirziyoyev also highlighted Uzbekistan’s achievements in renewable energy, stating: “In the past five years, we have attracted almost $20 billion in foreign investments, commissioning modern energy capacities of 9.6 gigawatts. This includes 14 solar and wind power plants with a total capacity of 3.5 gigawatts.” Uzbekistan is currently collaborating with foreign partners on over 50 major energy projects worth $26 billion, aiming to reach a total energy capacity of 24 gigawatts by 2030. By that time, renewable energy is expected to account for 54% of the country’s total energy generation. Regional Collaboration and Global Ambitions Mirziyoyev underscored the importance of regional cooperation, saying: “We aim to turn Central Asia into one of the global centers for green economy and clean energy.” He highlighted a multilateral agreement with Kazakhstan and Azerbaijan to export green energy to Europe and restore the Great Silk Road through energy connectivity. The president shared success stories of partnerships with companies like Masdar, which have generated 1.5 gigawatts of renewable energy in Uzbekistan. Additional projects are underway to create 1.6 gigawatts of generating capacity and build energy storage systems with a capacity of about 520 megawatts per hour. He also noted Uzbekistan’s untapped renewable energy potential, citing the ability to produce 500 gigawatts of solar, 100 gigawatts of wind, and 10 gigawatts of hydro energy. Advancing Green Research and Innovation Mirziyoyev referenced the establishment of the Green University in Tashkent - which will serve as a hub for global scientific collaboration - and proposed creating an international research network focused on combating land degradation and desertification. He also reiterated Uzbekistan’s initiatives introduced at COP-28 and COP-29, including the creation of an International Center for Damage and Loss Assessment and a regional hub for water-saving technologies. “We are ready to begin practical work in these areas with all our partners,” he stated. A Nationwide Green Movement Concluding his address,...

Kazakh President Proposes Solutions to Climate Threats at Abu Dhabi Summit

Kazakh President Kassym-Jomart Tokayev participated in the Abu Dhabi Sustainability Week summit, where global leaders and experts convened to address pressing challenges in sustainable development. In his address, Tokayev highlighted the urgent threats posed by climate change, desertification, biodiversity loss, and food insecurity - issues exacerbated by geopolitical tensions and disruptions to global supply chains. Kazakhstan’s Strategy for Sustainability Tokayev presented Kazakhstan’s roadmap for tackling these challenges, focusing on digitalization, major infrastructure projects, and nuclear energy. Noting that global energy systems account for 75% of greenhouse gas emissions, he underscored Kazakhstan’s commitment to green energy development. The country is collaborating with international partners, including Masdar, Total, and Eni, to implement projects to generate 43 GW of renewable energy. Additionally, Tokayev highlighted the strategic importance of constructing Kazakhstan’s first nuclear power plant, an initiative supported through a national referendum. Regional Connectivity and Transport Infrastructure Addressing the role of transportation in sustainable development, Tokayev emphasized Kazakhstan’s position as a key transit hub in Eurasia. He called for further development of the Trans-Caspian International Transport Corridor to enhance regional connectivity and strengthen global supply chains. Sustainable transport infrastructure, he argued, is essential for driving economic growth across the region. Climate and Food Security in Central Asia Tokayev devoted significant attention to the challenges facing Central Asia, particularly the impact of global warming on ecosystems and agriculture. He proposed the introduction of water-saving technologies, the modernization of irrigation systems, and the application of artificial intelligence to better manage water resources. On food security, Tokayev outlined Kazakhstan’s plan to advance sustainable agricultural practices and technologies, aiming to mitigate climate risks while ensuring reliable food supplies. A Global Paradigm Shift Tokayev called on the international community to adopt a new development paradigm based on green finance, the transfer of climate-friendly technologies, and the integration of artificial intelligence with environmental priorities. He emphasized that aligning these strategies could significantly boost global GDP by 2030 while addressing environmental challenges. Summit Collaboration and Hope for the Future The Kazakh President concluded his speech by expressing optimism that the summit could serve as a turning point in harmonizing global priorities for sustainable development. The event featured participation from other prominent leaders, including Uzbek President Shavkat Mirziyoyev, Rwandan President Paul Kagame, Finnish Prime Minister Petteri Orpo, Malaysian Prime Minister Anwar Ibrahim, and President of the International Union for Conservation of Nature Razan Al Mubarak. Together, the dignitaries reinforced the need for global cooperation in confronting environmental and economic challenges.

Fossil-Fuel Rich UAE Drives Central Asia’s Green Energy Transition

Central Asian nations, especially Kazakhstan and Uzbekistan, are seeking to develop closer ties with the oil-rich United Arab Emirates. What they need from the Gulf state is not fossil fuels, but renewable energy technology and investment in their green energy sectors. Despite being a significant oil-exporter, the UAE has managed in recent years to position itself as a regional leader in solar energy and photovoltaic solar projects. As a result, it now has global aspirations in the renewable energy industry. The Gulf country, through its semi-government-owned company, Masdar, has already invested billions of dollars in the construction of wind farms and solar plants all over the world – from the Bahamas and Barbados to Australia, as well as several African and European nations. Central Asia is no exception. In the region, the green energy giant is particularly active in Uzbekistan and Kazakhstan. It is, therefore, no surprise that, on January 14, two regional leaders, Shavkat Mirziyoyev and Kassym-Jomart Tokayev, were major guests at the Abu Dhabi Sustainability Week, a global platform focused on accelerating sustainability efforts. [caption id="attachment_27597" align="aligncenter" width="1280"] President Tokayev of Kazakhstan speaking at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] Their visit to the UAE signals a strong push for a green energy transition at home. For Tashkent and Astana, cooperation with Abu Dhabi in the field of green energy can help them to achieve their ambitious goals and reduce reliance on fossil fuels, despite both being significant producers of natural gas and oil. “Together with our foreign partners, we are currently implementing more than 50 large energy projects worth a total of $26 billion,” Mirziyoyev stressed, pointing out that by 2030, the share of renewable energy sources in the country will reach 54%. [caption id="attachment_27593" align="aligncenter" width="2560"] President of Uzbekistan, Shavkat Mirziyoyev backstage at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] In his view, Central Asia should turn into a “center of green economy.” The Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, seems to share this stance. “Central Asia can play a stronger and leading role in the global energy transition. I’m confident this new partnership can accelerate the pipeline of renewable energy projects and drive green industrialization,” La Camera said at the 15th session of the IRENA Assembly, held in the UAE capital two days prior to the meetings Mirziyoyev and Tokayev had with the UAE’s leaders. According to the Uzbek President, Tashkent is interested in jointly realizing the potential of Central Asia in solar, wind, and hydro energy, as well as in developing the production of green hydrogen. Fully aware of the Central Asian state’s green energy potential, Masdar is committed to investing $2 billion in Tashkent’s clean energy projects with a total capacity of more than two gigawatts. In the most populated Central Asian nation, the UAE’s semi-state-owned company is already involved in the construction of both solar plants and wind farms. [caption id="attachment_27594" align="aligncenter" width="2560"] Abdulaziz Alobaidli, Masdar’s Chief Operating Officer, at the Abu...

Kazakhstan’s Lamb Gaining Ground in Arab Markets

Demand for Kazakh food products is on the rise in the United Arab Emirates (UAE), which imports over $23 billion worth of agricultural goods annually. Kazakhstan’s agricultural exports to the UAE were a key focus during a meeting in Dubai between Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliyev, and UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi​. Shakkaliyev reaffirmed Kazakhstan’s readiness to supply organic agricultural products, with chilled lamb emerging as a standout item in the UAE market. During the first ten months of 2024, Kazakhstan exported 13,300 tons of lamb to the UAE, valued at $45.3 million. This marks a twofold increase in export volume and a 64% rise in revenue compared to the same period in 2023. In addition to lamb, Shakkaliyev highlighted Kazakhstan’s capacity to export high-quality flour, sunflower oil, confectionery, and dairy products to the UAE. The minister also emphasized Kazakhstan’s commitment to developing halal certification for its agricultural products. “Since 2014, more than 1,800 domestic and foreign companies have been certified, demonstrating the high quality and compliance of Kazakhstani products with international standards,” he noted. As part of the meeting, a tasting session showcased Kazakhstani lamb, confectionery, and apples, further promoting the country's agricultural offerings. Kazakhstan’s lamb exports have also seen significant growth in other Arab markets. According to the Kazakh Ministry of Trade and Integration, lamb exports to Qatar have increased by 75% since the beginning of 2024.

UAE Embracing the Silk Road Narrative: Central Asia at Art Abu Dhabi 2024

More than at any other time in recent history, the entire art world is this year tackling geopolitical identity issues. And while we usually delegate Biennales and non-commercial art events to take the pulse of our contemporary reality, this time an art fair took up this task: Art Abu Dhabi. This year the fair was bigger than ever and had a hugely relevant Central Asian and Caucasus section, curated by Elvira Eevr Djaltchinova-Malec, which was aptly called “Drifting identities.” Founder of the Warsaw Institute for Modern and Contemporary Asian Art (WIMCAA) Foundation - based on the spreading of Asian and global art – Djaltchinova-Malec was invited by the fair's artistic director, Dyala Nusseibeh, to curate a section that presented different aspects of the rich cultural tapestry of the region without shying away from the political concerns and instability which often characterize this part of the world. [caption id="attachment_26543" align="aligncenter" width="928"] From left to right, Abdelmonem Alserkal - prominent art patron based in Dubai, founder of the Alserkal Avenue, Alserkal Foundation, Elvira Eevr Djaltchinova-Malec, Almagul Menlibayeva, and Danagul Tolepbay image: Elvira Eevr Djaltchinova-Malec[/caption] Djaltchinova-Malec has been working on this concept of the Silk Road in different shows – namely Silk Road 2.0 - Artists re-loaded conference in Warsaw, Silk Road 2.0 - New Opportunities panel for art for 021 Art fair in Shanghai - adapting it to the changing geopolitical landscape of the region. "Our foundation was established in 2016, and already, eight years ago, we started to explore the topic of the Silk Road,” Djaltchinova-Malec told TCA. “We wanted to understand the desire of China and countries who joined Chinese projects for the New Silk Road, and we invited artists and art professionals from Vietnam, the United Kingdom, Central Asia, Kazakhstan, Germany, Tibet, France, and Ukraine for the foundation’s first conference.” The Belt and Road Initiative, sometimes referred to as the New Silk Road, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations. [caption id="attachment_26545" align="aligncenter" width="2560"] Tapestry by Almagul Menlibayeva; image: Elvira Eevr Djaltchinova-Malec[/caption] It’s the first time that the curator is presenting these artistic geographies in the context of the Gulf. On one hand, this is opening up Central Asian narratives to an Arab public that might be curious to learn more about art in this region. On the other hand, it is helping to open markets and create access to a different pool of new collectors. Thanks to an individual outreach which started well before the fair, the experiment proved successful. "Fortunately, many collectors from the Gulf already know artists from Central Asia, as there are a few art galleries in the UAE which represent them, as well as institutions like the Sharjah Foundation,” Djaltchinova-Malec stated. In addition, many collectors and artists from Russia who are knowledgeable about Central Asian narratives and sensitive to colonization issues, are now based in the UAE. “We tried to involve as many collectors from other circles as...