SEZ Abu Dhabi plans to cooperation with AIFC ABU DHABI. KAZINFORM – Kassym-Jomart Tokayev, the President of Kazakhstan, held a meeting with Ahmed Ali Al Sayegh, the Chairman Abu Dhabi Global Market, Minister of State to the United Arab Emirates Cabinet, Kazinform has learnt from the Akorda’s press service.
OneWeb and AIFC sign partnership to accelerate connectivity in Kazakhstan LONDON. KAZINFORM OneWeb, the global communications company, whose goal is to connect everyone everywhere, has announced that it signed a Memorandum of Understanding (MoU) with Astana International Financial Centre (AIFC), the largest financial hub in Central Asia, to accelerate broadband connectivity in Kazakhstan.
Kazakhstan Government, AIFC and WEF sign Letter of Intent NUR-SULTAN. KAZINFORM The Government of Kazakhstan, the Astana International Financial Centre (AIFC) and the World Economic Forum (WEF) within the framework of the WEF 50th Annual Meeting in Davos signed a trilateral letter of intent to launch an Affiliate Centre for the Fourth Industrial Revolution based in the AIFC. The Affiliate Centre intends to join and collaborate on its platform governmental structures, business and industrial partners from Central Asia for the development of the regulatory partnership for innovative technologies. For the first stage it aims to develop projects in the fields including Artificial Intelligence and Machine Learning; the Internet of Things, Robotics and Smart Cities; and Data Policy, the press service of the AIFC informs.
Development of notarial activities in AIFC discussed by judiciary reps NUR-SULTAN. KAZINFORM Representatives of the institutions of justice, in particular, Vice Minister of Justice Akerke Akhmetova, Chairman of the Republican Notary Chamber Asel Zhanabilova, and Director of the Department of Registration Service and Organization of Legal Services Baktygul Atagazieva visited the Astana International Financial Centre (AIFC) to discuss the development of notarial services in the AIFC, a press release from the AIFC reads.
AIFC Court and IAC reveal a number of cases NUR-SULTAN. KAZINFORM In 2019 the AIFC Court and International Arbitration Centre (further – «IAC») considered five cases. This was an outstanding achievement compared to the experience of similar common law financial centre courts and international arbitration centres at this stage of their operations, AIFC press service informs.
AFSA licenses captive insurer firm NUR-SULTAN. KAZINFORM The Astana Financial Services Authority (AFSA) issued a license to the Kazakhstan Energy Reinsurance Company Ltd. (KERC) to carry on the Regulated Activities of Effecting Contracts of Insurance and Carrying on Contracts of Insurance as a captive insurer. Under AIFC acts, Captive Insurance Business is the business of Effecting or Carrying out Contracts of Insurance only for the business or operations of the Group to which the Captive Insurer belongs.
AIFC Academy of Law students successfully completed AIFC Foundation Programs for Future Lawyers 2019 NUR-SULTAN. KAZINFORM An awards ceremony of the AIFC Law Academy was held for students who successfully completed the AIFC Foundation Programs for Future Lawyers 2019 course, AIFC press service informs.
EdTech Kazakhstan market’s future discussed in Nur-Sultan NUR-SULTAN. KAZINFORM EdTech Camp, aimed to give impetus to the development of educational technologies in the country through the exchange of experience, application of the best international practices and expertise and the creation of a professional platform for the development of innovations in education, was held at AIFC BCPD.
Chairman of Kazakhs' Association in Sweden: I am convinced that AIFC will continue to grow and prosper NUR-SULTAN. KAZINFORM A delegation of the Otandastar Fund arrived at the Astana International Financial Center for the first time. The guests were presented a video about the activities, capabilities of the AIFC and its main tasks, AIFC press service informs.
AIFC Court, IAC sign Memoranda of Understanding with Russian arbitration institutions MOSCOW. KAZINFORM - The AIFC Court and the International Arbitration Centre («IAC») signed two Memoranda of Understanding with leading arbitration institutions in Russia, Kazinform has learnt from the AIFC’s press service.
Citi to provide custody services to the AIX NUR-SULTAN. KAZINFORM - Citibank Kazakhstan JSC (Citi) became a custodian of the Astana International Exchange Central Securities Depository (AIX CSD). Citi will be offering settlement and safekeeping services for foreign securities trading at AIX, Kazinform has learnt from the AIFC’s press service.