Viettel Store is excited to announce the launch event for the iPhone 16 Plus, showcasing its commitment to offering the latest technology and reaffirming the Viettel Store’s status as a leading tech retailer in Vietnam.
Hanoi – September 11, 2024 – Viettel Store, a leading technology retail chain in Vietnam, continues to affirm its top position by offering advanced technology products and exceptional service. The Vietnamese retailer is committed to expanding their product range and enhancing the shopping experience to meet the growing demands of customers.
With substantial consumer interest, Viettel Store expects the iPhone 16 Pro to sell out quickly once it is officially released. Don’t miss the opportunity to experience this groundbreaking technology at viettelstore.vn.
1. Superior Performance Processor
Viettel Store is excited about the new iPhone 16 Plus, which is expected to feature the A18 chip—Apple’s most advanced processor yet. Built using TSMC’s latest 3nm “N3E” technology, this chip provides a significant boost over the A16 Bionic in the iPhone 15. Early insights suggest that the A18 will deliver faster performance, enhanced graphics, and greater energy efficiency. This means you can look forward to a smoother and more responsive experience, whether you’re gaming, editing 4K videos, or juggling multiple tasks at once.
2. Camera to Fuel Your Creative Passion
The iPhone 16 Plus, now available, significantly enhances camera technology beyond its predecessor, the iPhone 15. Equipped with a 48MP main camera and a 12MP ultra-wide camera, it delivers sharper, more detailed photos and videos. The iPhone 16 Plus now supports spatial video recording, allowing you to capture 3D footage compatible with the Vision Pro headset. You can also take spatial photos. Additionally, the device supports 4K video capture at 60 frames per second with Dolby Vision.
3. Two Super Convenient Buttons
The iPhone 16 Plus comes with two new buttons: the Action Button and the Capture Button, aimed at making your life easier. The Action Button can be set up to perform tasks like turning on the flashlight, switching to silent mode, or opening apps with just one tap. On the other hand, to facilitate easier photography, Apple has introduced a new button on the iPhone 16 called Camera Control. Users can quickly launch the camera app directly from the home screen by pressing this button.
4. Larger Battery and Optimized Fast Charging
The iPhone 16 Plus will amaze you with its impressive battery life. Equipped with a large-capacity lithium-ion battery, you can enjoy watching movies or listening to music all day long without worrying about running out of power. With up to 27 hours of video playback, 24 hours of streaming video, and 100 hours of audio playback, it’s sure to satisfy even the most demanding users.
5. Ultra-Fast and Stable Internet
The iPhone 16 models will introduce Wi-Fi 7, a cutting-edge wireless technology found in other flagship phones. While not extensively discussed at Monday’s “Glowtime” event, Apple briefly highlighted this feature among the many enhancements coming to the iPhone 16. Wi-Fi 7 is expected to deliver significantly faster speeds for home internet connectivity.
About Viettel Store
Viettel Store is well-known for leading the tech industry, offering a broad selection of the latest gadgets and electronics. Viettel Store is dedicated to providing top-quality products and continually improving your shopping experience. Explore more about the iPhone 16 Plus at Viettel Store here: https://viettelstore.vn/dien-thoai/iphone-16-plus-pid339618.html
Media Contact Company Name: Viettel Store Contact Person: Media Relations Email:hotro@viettelstore.vn Phone: 1800 8123 Address: 01 Giang Van Minh Street, Kim Ma Ward Ba Dinh District City: Hanoi City Country: Vietnam Website:https://viettelstore.vn/
Viettel Store is thrilled to announce the launch event for Apple’s iPhone 16 Pro. This event highlights Viettel Store’s dedication to offering the latest technology and reinforcing its status as a premier tech retailer in Vietnam.
Hanoi – September 11, 2024 – Viettel Store, a leading technology retail chain in Vietnam, continues to affirm its top position by offering advanced technology products and exceptional service. Viettel Store are committed to expanding product range and enhancing the shopping experience to meet the growing demands of customers.
With substantial consumer interest, Viettel Store expects the iPhone 16 Pro to sell out quickly once it is officially released. Don’t miss the chance to experience this groundbreaking technology at viettelstore.vn
1. Ultra-Powerful Performance
The iPhone 16 Pro is equipped with the A18 Pro chip, which is said to be Apple’s most powerful chip to date. With advanced 3nm technology from TSMC, the A18 Pro chip promises to deliver superior performance compared to the A17 Pro on the iPhone 15 Pro. Graphics processing efficiency and energy saving will also be upgraded, helping the device run smoother when playing games, editing 4K videos or doing many things at the same time.
2. Innovative New AI Features
One of the major upgrades in the iPhone 16 Pro is its new Apple Intelligence (AI) capabilities.With iOS 18 and the A18 Pro chip, this AI enhances the user experience by analyzing behaviors and making smart predictions, which allows for a more customized use. Face ID has also seen improvements, making it quicker and more accurate even in low-light settings.
In addition, features like automatic photo correction, an upgraded portrait mode, and better natural language processing have all been enhanced. The iPhone 16 Pro can now understand your habits to offer useful suggestions and improve overall performance.
3. Integrated Action and Capture Buttons for Enhanced Convenience
The iPhone 16 Pro introduces two innovative buttons: the Action Button and the Capture Button, designed to enhance user convenience. The Action Button allows users to customize quick actions such as turning on the flashlight, toggling silent mode, or launching any app with a single tap. Meanwhile, the Capture Button enables swift access to the camera, allowing users to start recording videos or take photos without unlocking the device, ensuring that important moments are never missed
4. Upgraded “Stunning” Camera
In terms of camera, the iPhone 16 Pro features a 48MP main camera. Additionally, the ultra-wide camera has also been upgraded to a 48MP sensor, a significant improvement over the 12MP sensor found on the iPhone 15 Pro and 15 Pro Max. This upgrade promises to deliver enhanced image quality in most shooting conditions, especially in low-light environments. Lastly, the 12MP telephoto camera offers 5x optical zoom.
About Viettel Store
Viettel Store is well-known for leading the tech industry, offering a broad selection of the latest gadgets and electronics. Viettel Store dedicated to providing top-quality products and continually improving your shopping experience. Explore more about the iPhone 16 Pro at Viettel Store here: https://viettelstore.vn/dien-thoai/iphone-16-pro-pid339623.html
Media Contact Company Name: Viettel Store Contact Person: Media Relations Email:hotro@viettelstore.vn Phone: 1800 8123 Address: 01 Giang Van Minh Street, Kim Ma Ward Ba Dinh District City: Hanoi City Country: Vietnam Website:https://viettelstore.vn/
The iPhone 16 Series, including the iPhone 16 Pro Max, has now been officially launched. If you’re eager to experience the next level of smartphone technology, look no further than your nearest Viettel Store!
Viettel Store is thrilled to announce to all Vietnamese iFans the release of the iPhone 16 Pro Max—the next flagship from Apple, expected to bring a host of groundbreaking features and stunning innovations that will transform the smartphone experience.
A Larger Display of 6.9 Inches and Thinner Edges
A larger screen is a primary reason many iFans prefer the iPhone 16 Pro Max over the standard iPhone 16 model. This enhancement offers a more immersive viewing experience, ideal for multitasking, gaming, and video streaming. Additionally, the display is typically equipped with ProMotion technology, which enhances responsiveness and provides smoother scrolling, along with higher resolution capabilities.
With the increased display size, the overall dimensions of the iPhone 16 Pro Max are also taller and wider than the iPhone 15 Pro. While the thickness remains almost unchanged at around 8.25 mm, the weight will see a slight increase due to the larger size.
Reliable Performance Thanks to a High-Speed Processor and Extended Battery
Compared to the A17 Pro chip in the iPhone 15 Series, the iPhone 16 Pro Max utilizes the advanced A18 Pro chip, built on a 3nm processor and optimized for exceptional efficiency and speed. Additionally, it features an innovative graphene cooling system that effectively dissipates heat during intensive activities like streaming, working, and gaming on the go, helping to extend the phone’s lifespan.
With these technologies combined, you can expect smooth performance for daily tasks while consuming less power. Apple announced that the iPhone 16 Pro Max would have the best battery life on iPhone ever.
Viettel Store also likes to emphasize that the iPhone 16 Pro Max features forward-looking advancements. Its new 16-core Neural Engine enables machine learning tasks, enhances augmented reality experiences, and provides real-time language translation. With support for both Wi-Fi 7 and 5G, you can stay connected at remarkably high speeds, resulting in faster downloads, smoother streaming, and lag-free online gaming—whether you’re in a busy city or relaxing at home.
Advanced Camera Technology Turning the iPhone 16 Pro Max Into a DSLR-like Photographer
The enhancements in camera technology cater to both photography enthusiasts and casual users with versatile, high-quality photography and videography options.
Ultra-Wide Lens
Apple is introducing an upgraded 48-megapixel Ultra Wide camera with an f/1.78 aperture, designed to utilize pixel binning from four pixels into one “super pixel.” This enhancement will improve image quality and allow for better low-light performance and dynamic range.
Telephoto Lens
The iPhone 16 Pro models will also incorporate the Tetraprism Telephoto lens, similar to what’s used in the iPhone 15 Pro Max. This lens will provide impressive zoom capabilities, offering 5x optical zoom and up to 25x digital zoom, allowing you to capture distant subjects with clarity.
4K/8K Video Resolutions
The iPhone 16 puts professional-grade video capabilities right in your pocket. With 4K Dolby Vision recording at up to 120 fps (Fusion) and modes like Cinematic, Action, and Spatial, you can create cinematic-quality videos. ProRes support for 4K 120 fps, combined with features like optical image stabilization, digital zoom, and spatial audio, ensures that every shot is crisp and vibrant.
Wrapping Up
In summary, do the three reasons mentioned above provide you with sufficient insight?
Founded in 2009, Viettel Store has consistently been a trustworthy destination for tech enthusiasts. Specializing in delivering high-quality, reputable, and genuine products, Viettel Store’s inventory includes mobile phones, laptops, tablets, and more. With the hottest iPhone 15 Series currently in the spotlight, you can effortlessly access the latest updates through the Viettel Store, an official Apple authorized distributor in Vietnam.
Media Contact Company Name: Viettel Store Contact Person: Media Relations Email:hotro@viettelstore.vn Phone: 1800 8123 Address: 01 Giang Van Minh Street, Kim Ma Ward Ba Dinh District City: Hanoi City Country: Vietnam Website:https://viettelstore.vn/
The Tucker Carlson Live Tour is coming to BOK Center on September 11 with special guest Dan Bongino. Special guest speakers include Kimberly fletcher from Mom’s for America, Labelled by the media as “an unabashed America-loving mom”, Kimberly is an author, columnist and the president and founder of Moms for America®. She is the wife of a retired Air Force officer and mother of 8 children, who has made it her personal mission to educate and inspire the mothers of America to realize their immeasurable worth and powerful influence on society simply by being who they are. Kimberly has the authored or co-authored several books including “WOMEN: America’s Last Best Hope.” She has appeared on numerous national media outlets including Fox News, Sinclair Broadcasting, Townhall, The Blaze and Breitbart. Kimberly has over 17 years’ experience in grassroots activism, including working with two presidential campaigns. She and her family live in Omaha, Nebraska where her husband retired from the Air Force in 2016.
Speaker Joe Penland, “Joe From Texas,” Joe Penland grew up in Texas in a family with limited financial means. His father had a stroke and eventually passed away when Joe was in middle school. His mother took in laundry and ironing, and Joe and his three brothers worked odd jobs to help with family expenses. He says the family was strapped, and could not have made it without Social Security.
“Social Security is not a gift to anyone,” Joe said. “We all pay into it. But government has squandered it, and pilfered the trust fund.” But it would be horrible for the 70 million Americans who rely on Social Security to lose it, Joe said. Joe from Texas is a family man with children, grandchildren and great grandchildren who has had tremendous success and lived the American dream. His beliefs are both straightforward and deeply held. He believes in God, his family, and the United States of America. He wants to Save America. He believes our cumulative debt poses the single greatest danger to our way of life. So he’s making his way around the country, meeting and talking with people who have worked in the White House, Congress, and government.
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Going into the presidential election this fall, the United States is going to be one intense place. Join Tucker Carlson and friends from coast to coast as he hits the road for his first live tour. Tucker will be joined on stage by some of the most fascinating and recognizable guests, responding to everything that is happening in real time. The Tucker Carlson Live Tour is presented by Sambrosa.com and brought to you by Swan Bitcoin.
In attendance supporting these outstanding speakers will be special guest Dr. Lisa Christiansen founder of Oklahoma Women For Trump, a native of Oklahoman, Citizen of the United Keetoowah Band Of Cherokee Indians in Oklahoma, 5th granddaughter of Sequoyah who created the Cherokee syllabary, daughter of the last monolingual Cherokee Mack Vann, and code talker George Washington Groundhog, Christiansen is a Living National. Dr. Lisa Christiansen Will be in attendance to support and offer insights bridging the gap of communication among tribal leaders, elders, and citizens to recognize the authentic support she has for our tribal nations as she advocates a better future for tribal citizens.
I believe we need to consult and communicate with the tribal elders for a better tomorrow while maintaining tribal sovereignty.
I also believe we must have some compromise if we hope to bridge the jurisdictional boundaries in order to protect Native American people as a whole, more specifically preventing missing and murdered indigenous women.
It is hard for the United States to step up to the plate and rule our murdered women on reservations as homicides when we have placed such strong jurisdictional powers within our own tribe making it a challenge to prosecute the perpetrator.
I believe we must maintain our sovereignty, I also believe we must make some compromises to protect our people and our future generations.
Superace launches the ‘Achieve Q4 Success’ campaign, showcasing UPDF, the first AI-powered PDF tool that converts PDFs into mind maps. With over 2 million users, UPDF is revolutionizing productivity. The campaign runs until September 29th.
Shanghai, China, 11th Sep 2024 – Superace is thrilled to announce the launch of the ‘Achieve Q4 Success‘ campaign, running from now until September 29th. This campaign highlights UPDF, the first AI-powered PDF tool equipped with a unique feature that converts PDFs into mind maps. This groundbreaking capability is just one of the many ways UPDF is redefining productivity in the digital era. With the overwhelming support of over 2 million global users, UPDF is setting new productivity standards, making it an essential solution for individuals and businesses alike.
UPDF’s recognition as a G2 High Performer for Summer 2024 is a testament to its exceptional performance and user satisfaction. This accolade further reinforces the software’s commitment to innovation and usability, resonating strongly within the professional community worldwide.
Enjoy the Campaign to Elevate Productivity!
The $1 sale grants a full month of access to all UPDF features, enabling users to edit, annotate, and share PDFs seamlessly. From the advanced AI capabilities that assist in reading, translating, and summarizing content to the unique mind map conversion feature, UPDF provides tools that empower users to enhance their productivity efficiently.
Additionally, as part of our campaign, every purchase made during this period enters the buyer into an exciting promotional giveaway, including the chance to win the latest iPhone 16. This initiative adds an engaging layer to our commitment to boosting productivity while rewarding our dedicated users.
The campaign is valid until September 29, 2024.
Unleashing Potential with UPDF—Key Features for Maximum Productivity
UPDF is more than just a PDF tool; it’s a comprehensive platform designed to elevate productivity through an array of advanced features:
– Chat with Images: UPDF’s Image Chat feature allows users to interact with images for tasks like language translation, text extraction, educational tutoring, and more, making it easier to communicate and understand complex information.
– Convert PDF to Mind Maps: This transformative feature makes information visualization effortless, allowing users to convert dense PDFs into engaging mind maps for better retention and comprehension.
– Comprehensive Editing & Annotation Tools: Users can edit and annotate PDFs with robust functionalities, ensuring their documents are personalized and tailored to their needs.
– OCR Functionality: UPDF’s advanced OCR capabilities enable users to convert scanned documents into editable formats seamlessly, saving time and enhancing usability.
– AI-Powered Summarization: Quickly extract essential information from lengthy documents with UPDF’s AI-driven summarization, allowing users to focus on what matters most.
– Read PDFs with AI Translation: This feature supports multilingual reading, making documents accessible to a broader audience.
– Professional PDF Tools: UPDF provides document protection through password settings, ease of form filling, electronic signatures, and efficient page organization, encapsulating all professional needs within a single tool.
Join Us for Year-End Success!
In summary, the ‘Achieve Q4 Success’ campaign showcases UPDF’s commitment to innovation and productivity through its feature-rich platform. We encourage users to take advantage of the campaign sale and participate in the exciting promotions available, paving the way for a more efficient and effective work experience as we approach the year’s end.
To learn more about this campaign and explore our outstanding features, please visit [UPDF Campaign]. Stay connected with us on YouTube, Facebook, Twitter, and Instagram for updates and insights on maximizing productivity with UPDF. Join UPDF in this journey towards achieving Q4 goals and enhancing productivity today!
On September 9-12, 2024, for the first time in the history of Kazakhstan, Almaty hosts the 26th Annual General Meeting of the Asia-Pacific Association of Central Depositories (ACG). The organizer is the Central Securities Depository of the Republic of Kazakhstan (KCSD).
On September 10, the panel discussions were held with the participation of foreign speakers, as well as heads of the National Bank of Kazakhstan, the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market of Kazakhstan, KASE, and stock market experts. The work of the Kazakh and international securities markets, digitalization, the use of AI, improving the quality of services, risk management of central depositories and many others were discussed at the forum.
At the event, the Governor of the National Bank of Kazakhstan Timur Suleimenov noted that the Asia-Pacific region is a dynamic market with a high investment potential due to sustainable economic development, significant infrastructure investments, technological advances and a growing appetite for cross–border investment.
At the same time, according to his words, building a strong institutional partnership between Central Asia and the Asia-Pacific region will open up unprecedented economic potential for both sides.
The Governor of the National Bank of Kazakhstan also emphasized that Kazakhstan is a reliable country for investment. The republic has attracted more than $450 billion worth of FDI over the years of independence. According to his words, this is the largest indicator among the CIS countries per capita. In addition, the country shows economic growth. Last year, Kazakhstan’s GDP reached 5.1% in 2023 due to mining, manufacturing and services. At the same time, the National Bank of Kazakhstan has achieved a significant reduction in the inflation rate to 8.4%. It is expected to decrease to 5% in a year.
Deputy Managing Director of the International Monetary Fund (IMF) Bo Li assessed the development of the economies of the Caucasus and Central Asia, showing resilience despite various economic shocks. Bo Li noted that stable growth is expected among oil importers amid domestic demand, as well as further expansion of carbon industry and oil exports. At the same time, well-designed reforms, according to him, could lead to 5-7% growth in countries over the next 4-6 years.
Having said that, new technologies, including digital, also have a major impact on many sectors – from manufacturing to healthcare and financial services. As an example, he cited an IMF study, whereby artificial intelligence could affect 40% of jobs globally and 60% of jobs in advanced economies. Therefore, investments in digital skills and social insurance will be crucial to support the development of artificial intelligence, improving productivity, and mitigating socio-economic risks.
“The IMF is committed to help countries in implementing successful product policies and promote global cooperation, including strengthening the integration of financial infrastructure between Asia-Pacific and Central Asian countries” – Bo Li added.
Chairman of the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan Madina Abylkassymova emphasized that building mutually beneficial relations between the Asia – Pacific region and Central Asia is of strategic importance in the current conditions of the global financial system development.
Telling foreign speakers about the Kazakhstan stock market, she noted its dynamic development. The capitalization of stock market amounts to $70 billion or 28% of the country’s GDP. The volume of corporate bonds traded on KASE is $30 billion or 12% of GDP. Over the last 5 years, the volume of attracted funding in the capital market amounted to $19 billion. The number of retail investors has reached 3 million, which shows their rising role as a source of financing for business, » -said Madina Abylkassymova.
Kazakhstan works out to ensure the integration of the infrastructure of the Kazakh stock market into the ecosystem of global capital markets. In addition, work is currently underway to enable international accounting authorities such as Euroclear and Clearstream can open direct accounts with the Central Depository, and banks to provide account operator services.
Thus, the Central Securities Depository turned into regional settlement hub with a full range of depository and banking services.
According to her words, the implementation of the principles of sustainable development in the financial market remains relevant. Today, all the necessary legislative and regulatory mechanisms have been created to stimulate the development of “green” financing.
To ensure interregional links between capital markets, the Agency together with the National Bank and the Ministry of Finance applied for observer status in ASEAN+3 Bond Market Forum. This important platform gives an opportunity to exchange experience in development of bond markets.
Mark Gem, Chairman of the Risk Committee of Clearstream, noted that the current task is to unite the financial market infrastructure between Asia-Pacific region and Central Asia on a global scale. According to his words, the Central Securities Depository of Kazakhstan fully fulfills its mission and supports the bridge between the West and the East, providing many opportunities.
“Now is a time of great challenges, there are difficulties and risks in our work. Geopolitical reality can change the decades of established practice, and now we will have to change our priorities. Vulnerabilities are growing, climate change is also on the agenda. We see the development of digital tools, including AI, that might be against us. The regulator is becoming more specific and demanding. Central depositories are expected to be more efficient, faster, more transparent with lower costs and risks.”
In the changing conditions of the global market, Chairman of KCSD, Adil Mukhamejanov, suggested paying attention to the several key areas in which cooperation will be especially effective for infrastructure organizations.
Firstly, the continued advancement of digital technologies, including distributed ledger technologies, presents both opportunities and challenges. These innovations are harnessed to enhance efficiency, transparency, and security in the markets, while also addressing potential risks.
Secondly, as the global economy continues to evolve, the importance of sustainable finance is becoming ever more apparent.
“By integrating environmental, social, and governance (ESG) criteria into our operations, we can contribute to the broader global effort to combat climate change and promote inclusive growth, ” – added Adil Mukhamejanov.
Lastly, the regulatory environment in which we operate is becoming increasingly complex. The need for alignment and cooperation among our institutions is more pressing than ever. By working closely with regulators and policymakers, we can help shape a regulatory framework that supports innovation while safeguarding the integrity of the markets.
Reference:
ACG is an Association of Central Securities Depositories of the Asia-Pacific region, established in 1997 with the main goal of strengthening cooperation in various sectors to improve the efficiency of clearing and settlements. KCSD has been a member of the ACG for 17 years (since 2007).
The Central Securities Depository (KCSD) is a key infrastructure organization of Kazakhstan’s financial market in the sphere of post-trading services and has been providing services for more than 25 years. It is a single center for recordkeeping of securities ownership rights, settlement of all exchange and over-the-counter transactions. Moreover, KCSD also provides access to international securities settlement systems for the local participants.
As of January 1, 2024, total volume of financial instruments in nominal holding of KCSD amounted to KZT 126.61 trillion, recording an increase of 13.9% in comparison with the previous year. The number of securities issues has also increased, amounting to 2,386 issues at the beginning of 2024. To date, over 3 million brokerage accounts have been registered with KCSD.
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On September 5-6, 2024, the Astana International Financial Centre (AIFC) hosted the annual financial conference “Astana Finance Days: Innovate. Invest. Impact”. Since its inception in 2018, Astana Finance Days (AFD) has been the premier platform for uniting top financial experts, investors and business leaders from across the Eurasian region.
This year’s conference gathered over 4000 participants from 69 countries. A total of 186 international and Kazakhstani speakers engaged in 38 panel sessions, covering key themes of “Innovation”, “Investment”, “Impact”, “Women in Arbitration” and “AIFC Community”. Speakers and participants discussed cutting-edge technologies in the financial sector, Kazakhstan’s investment opportunities, and the role of finance in driving sustainable development and positive societal change.
The conference was officially opened by AIFC Governor Renat Bekturov, who delivered a keynote speech during the panel session “Finance, Law, and Development: Shaping the Future of Infrastructure Investment in the Region”. In his remarks, the Governor emphasised that the AIFC has emerged as a key hub for attracting investment into Kazakhstan’s infrastructure projects. This is evidenced by the companies established in the AIFC that are engaged in logistics, including projects related to the Middle Corridor. However, he pointed out the need to attract investment and financing for the transport and logistics sector, green infrastructure for renewable energy production, and to fulfil the country’s commitments to achieving carbon neutrality.
Hussein Ozkhan, Acting Managing Director for Central Asia at the European Bank for Reconstruction and Development (EBRD), highlighted the need for at least €17,5 billion in investments for the Middle Corridor, in addition to developing “soft” infrastructure, such as digitalisation, tariff identification and customs control, etc. Moazzam Mekan, Lead for Public-Private Partnerships in South Asia within IFC, emphasised the importance of mobilising private capital for these efforts.
During the event, the Astana International Exchange (AIX) announced the inclusion of I-REC (International Renewable Energy Certificates) in its range of responsible finance products. The I-REC certificate confirms that the energy was produced from renewable sources and corresponds to 1 MWh of clean electricity. I-REC represents 99% of the total voluntary market of renewable energy certificates in the world and is recognized in more than 50 countries.
AIFC Governor also announced the launch of the AIFC Business League, a new initiative aimed at uniting top executives, business owners and investors to foster collaboration and implement successful projects both locally and internationally.
A landmark event at AFD 2024 was the adoption of the AIFC Venture Studio Rules, providing a legislative framework for the creation of venture companies. These rules establish legal clarity for financial and non-financial support for startups, facilitating collaboration between entrepreneurs and startups in the market.
In addition, a memorandum of understanding was signed between TechHub Limited (AIFC) and Truleum Venture Studio Limited, a Dubai International Financial Centre-based venture studio, aimed at launching the “Fintech Venture Studio” at the AIFC. A second memorandum was signed between Tech Hub AIFC and White Hill Capital Ltd., focusing on the joint development of digital solutions to support innovative projects.
A practical guide on AI and data protection was also presented at the event, emphasising the AIFC’s commitment to creating a secure and innovative environment for delivering financial services within Kazakhstan and beyond.
It was announced that a regional office for Chengdu and the Western China Financial Centre in Central Asia has been established within the AIFC jurisdiction by CDIC International. This office aims to promote the growth of cross-border investments between Chengdu-based companies and investors and projects in Central Asia. Additionally, TFI Securities and Futures Limited, an investment firm based in Hong Kong, has been accredited as a non-member entity of the AIFC.
Additionally, a country report on Islamic finance, prepared by the AIFC and CSQ Law with support from the Islamic Development Bank, was presented during the panel session. The report offers a comprehensive analysis of the landscape, challenges, opportunities and prospects for Islamic financial services in Kazakhstan.
The official launch of the AIFC Islamic Finance and Business Association also took place. The Association is designed to serve as a platform for uniting professionals, entrepreneurs, academics and stakeholders in the Islamic finance and business sector in Kazakhstan.
For the first time in Kazakhstan, the AIFC Court and the AIFC International Arbitration Centre, in collaboration with the global organisation Arbitral Women, hosted a “Women in Arbitration Day” at the conference. Participants also had the opportunity to meet Carolyn Lamm, a Partner at the Washington, D.C. office of the law firm White & Case, globally recognised as an expert in international arbitration.
The AIFC Academy announced the development of unique minor programmes, supported by Freedom Broker and the Freedom Shapagat Corporate Fund. These programmes, to be launched at leading universities in Kazakhstan, will cover 10 specialised areas corresponding to the evolving challenges of today’s financial and economic landscape. The initiative will offer undergraduate and graduate students a deeper understanding of asset management, fintech, financial market analysis and regulation, sustainable development and international commercial dispute resolution.
Additionally, the new Tabys Education app was launched, the educational module, aimed at improving financial literacy among the public. Tabys Education provides users with essential knowledge on managing personal finances and the art of investing.
Reference:
The Astana International Financial Centre (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. www.aifc.kz
The new CEO of KazMunayGas, Askhat Khassenov, gave his vision of the company’s future. Khassenov, who took the leadership of the key oil and gas company of Kazakhstan, in his interview for the Kazakhstanskaya Pravda, local broadsheet, emphasized the need to optimize corporate standards to hasten the processes and improve performance.
Founded in 2002, KazMunayGas has been a listed company since 2022, actively engaged in oil and gas exploration, production, processing, and transportation. In 2023, the company paid out a record 300 billion KZT (approximately USD 670 million) in dividends to its shareholders and contributed 1.2 trillion KZT (approximately USD 2.7 billion) in taxes to the national budget, demonstrating steady and dynamic economic growth.
In 2023, Kazakhstan produced a total of 90 million tons of oil (approximately 660 million barrels), of which 23.5 million tons (approximately 172 million barrels), or 26%, were produced by KazMunayGas.
Khassenov noted that the company is actively investing in new projects, such as the Kalamkas Offshore-Khazar-Auezov development, valued at USD 6 billion, showcasing the ambitious development plans for the Caspian region. Deep-well drilling activities are currently underway in the Kyzylorda and Aktobe regions.
One of the company’s outstanding achievements is the launch of the KEBCO (Kazakhstan Export Blend Crude Oil) brand, which has been actively quoted since last year, underscoring Kazakhstan’s status as a major player on the global oil and gas stage.
KazMunayGas also plans to expand the capacity of PetroKazakhstan Oil Products LLP in Shymkent and increase the throughput of the Atyrau-Kenkiyak and Kenkiyak-Kumkol pipelines. In 2022, KazMunayGas’s local plants (the company also owns refining assets in Romania) refined a record 17.8 million tons of crude oil, demonstrating the strong potential of Kazakhstan’s existing refineries.
In terms of petrochemical projects, the company is implementing polyethylene, polyethylene terephthalate, and urea projects, despite their long-term payback periods and high costs. Notably, Kazakhstan successfully built and launched a high-quality polypropylene production plant in 2022, with a capacity of 500 thousand tons, and now exports large volumes of polypropylene to China and Europe.
The company is actively working to reduce the environmental footprint of its operations, including ecosystem rehabilitation and emission reduction projects. Over the last five years, KazMunayGas has reduced greenhouse gas emissions by 15%. Additionally, Kazakhstan, in collaboration with the American biotechnology company LanzaJet, is seriously exploring large-scale production of eco-friendly aviation fuel (SAF). An article detailing the project’s start-up prospects is available on the company’s website.
Askhat Khassenov’s interview gives the impression of a charismatic leader. His vision for the company’s development inspires optimism and confidence in the future of KazMunayGas. Time will tell to what extent these ambitious plans will be realized, but the company’s serious and persistent systematic efforts already command respect.
Kazakhstan Tech Solution Day was launched on September 5, 2024, under the slogan “AI for ALL: Building Generative Nation Together” as part of the UNESCAP conference. This event served as a pivotal platform for showcasing Kazakhstan’s advancements in digital technologies and addressing global challenges in digital transformation.
Kazakhstan Tech Solution Day featured over 15 panel sessions covering a broad range of topics, including artificial intelligence, bridging the digital divide, smart cities, cybersecurity, women’s inclusion in IT, digital inclusion, human capital, sustainable development through technology, space technology, digital healthcare, and universal internet access.
The discussions were led by prominent experts in digitalization, including representatives from UNESCAP led by the Executive Secretary Armida Salsiah Alisjahbana, digital ministers from various countries and leaders from global companies such as Amazon, Forbes Technology Council, EPAM, Kaspi.kz and others.
“We gathered at a crucial juncture in the digital transformation of Asia and the Pacific. Kazakhstan has emerged as a leader in pioneering digital solutions that resonate not only within the country but already recognized far beyond its borders. The Digital Family Card, developed with the support of UNDP, stands as an example of how digital tools can transform social protection payment system, ensuring that benefits are delivered with efficiency and transparency to those who need them most”, said Armida Salsiah Alisjahbana, Executive Secretary of the Economic and Social Commission of Asia and the Pacific (ESCAP) and Under-Secretary-General of the United Nations.
Keynote speakers included Randeep Sudan, Founder, CEO of Multiverz; Ayumi Moore Aoki, founder and CEO of Women in Tech® Global; Salma Abbasi, founder and CEO of eWorldwide Group; Punam Bala-Ng, co-founder and Managing Partner of Tact+Invest; Dr. N. Krishna Reddy, CEO of ACCESS Health International; Nicolas Sadirac, co-founder of 01 Edu and 01 Talent; Arsen Tomsky, founder and CEO of inDrive, and Timur Turlov, СЕО of Freedom Holding Corp. Kazakhstan’s speakers include Zhaslan Madiyev, Minister of Digitalization; Sayasat Nurbek, Minister of Science and Higher Education; and Akmaral Alnazarova, Minister of Health.
“Kazakhstan Tech Solution Day is an opportunity to highlight our achievements in tech and to forge new partnerships and initiatives that will advance the innovation ecosystem both in Kazakhstan and internationally. This event also opens new avenues for cooperation and the adoption of cutting-edge technologies, reinforcing our country’s role in the global digital economy,” said Zhaslan Madiyev, head of the Ministry of Digital Development.
Participants at Kazakhstan Tech Solution Day had the opportunity to explore the startup alley, organized by Astana Hub, the largest technology park in Central Asia. This showcase featured over 50 top Kazakhstan’s startups and major tech companies. The event also included the signing of memorandums and agreements focused on launching programming schools, advancing artificial intelligence methods, developing regional tech hubs across the country, and other initiatives.
Kazakhstan Tech Solution Day represented a significant step in enhancing Kazakhstan’s position in the global digital market, facilitating the exchange of expertise, and creating new business connections. The event not only highlighted the country’s technology achievements but also contributes to the ongoing development of the regional innovation ecosystem. The event’s general sponsor was Kaspi.kz, a leading Kazakhstani technology company. Additionally, it was supported by the innovative digital bank Freedom Bank and the global transport and urban services platform inDrive, underscoring the strong interest of businesses in advancing Kazakhstan’s digital potential.
From September 3 to 5, 2024, the capital of Kazakhstan hosted the Asia-Pacific Ministerial Conference on Digital Inclusion and Transformation. This major event brought together over 400 delegates, including ministers and high-level representatives from more than 30 ESCAP member states. Organized by UNESCAP and the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan (MDDIAI), the conference served as a crucial platform for discussing digitalization, inclusion, and sustainable development.
