The European Bank for Reconstruction and Development (EBRD) has agreed to share 50 per cent of the risk on a KZT 3.7 billion loan provided by Bank CenterCredit to AB Restaurants. The funding will support the renovation of five existing venues and the launch of up to five new restaurants in Almaty and Astana, helping to elevate standards across Kazakhstan's food-service sector.
Central Asian nations and South Korea have established a new industrial cooperation platform following an inaugural ministerial meeting in Seoul. Industry leaders gathered to discuss trade, technical infrastructure, critical minerals and artificial intelligence in manufacturing. The talks produced a joint memorandum on supply chains, along with a bilateral agreement between Uzbekistan and South Korea to set up a dedicated strategic mineral development platform.
