UAE and Kazakhstan to enhance financial, investment cooperation

On December 9, the Astana International Financial Centre (AIFC), together with the Embassy of the Republic of Kazakhstan to the UAE and the Embassy of the UAE to the Republic of Kazakhstan, held the "AIFC Connect: Abu Dhabi 2025" business event in Abu Dhabi.

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The event aimed to strengthen investment cooperation between the two countries, present Kazakhstan's high-potential projects, and highlight the opportunities offered by Kazakhstan's financial market and the AIFC financial ecosystem for foreign companies.

Today, the UAE ranks among the top ten foreign investors in Kazakhstan's economy. Total investment from the UAE into Kazakhstan has exceeded $4.3 billion. There are 462 UAE companies operating in Kazakhstan. Several significant projects with Masdar, Presight, Abu Dhabi Ports Group, Abu Dhabi Commercial Bank, and others demonstrate the dynamic partnership.

The event was organised in partnership with GWM Capital Ltd. and ITS, and was timed to align with Abu Dhabi Finance Week, one of the region's key events focused on investment and finance in Mena.

AIFC Connect brought together around 150 representatives of investment banks, financial, technology, and consulting firms, stock exchanges, regulators, asset managers, and other organisations. Discussions focused on promising investment areas and infrastructure projects in Kazakhstan, the AIFC's potential for integrating the capital markets of Central Asia and the Gulf region, as well as key trends in fintech, innovation, and digital assets.

The event was attended by the Ambassador Extraordinary and Plenipotentiary of the UAE to Kazakhstan, Dr. Mohammed Saeed Al Ariqi.