Dear Colleagues,

As we prepare to welcome 2025, we would like to take a moment to express our heartfelt thanks to all AIFC employees for your unwavering hard work and dedication throughout this year. 2024 has been a year of growth, new opportunities, and significant achievements, and we are immensely proud of the progress we’ve made together as a team. Your contributions have been invaluable, and as we reflect on the highlights of this year, we look forward to continuing our journey of success in the year ahead.

In this special final issue of 2024, we share a recap of some of the most significant moments that have defined the year. The second AIFC Business League meeting, focused on Kazakhstan’s creative industry, was held in Almaty, providing a platform to discuss key aspects of the development of the country’s creative economy. Participants had the opportunity to explore investment opportunities, available support mechanisms, and intellectual property protection tools offered through the AIFC.

The AIFC Olympics also concluded with great success, with the latest tournament in table tennis showcasing thrilling matches and outstanding sportsmanship. We extend our congratulations to all participants for their dedication and impressive performances. Your commitment to excellence truly shone through, making this year’s tournament one to remember.

We were also pleased to host an insightful AIFC Talk session, where Arman Yeskarayev, Senior Associate in the Anti-Money Laundering Division, provided an in-depth overview of the AIFC’s anti-money laundering framework and key regulatory measures. This session further underscored the AIFC’s commitment to transparency and effective regulation.

Looking back at the achievements of the AIFC Court and IAC in 2024, we are proud to announce that more than 1,000 cases were completed and enforced this year. This includes 52 Court judgments and 957 arbitration awards and mediation settlements, with investors from 32 countries involved, all conducting business in Kazakhstan. This demonstrates the AIFC’s ongoing role in fostering a strong, fair, and efficient legal environment for global business.

The Astana Financial Services Authority also introduced amendments to the AIFC Insolvency framework, enhancing the clarity, alignment, and functionality of insolvency proceedings for entities registered in the AIFC. These changes reflect the AIFC’s continuous efforts to improve its regulatory infrastructure and support the business community.

On the international front, the US stock market experienced a week of mixed results, with various sectors showing both resilience and volatility. Consumer Cyclical and Utilities were among the weakest performers, while Technology and Energy sectors displayed notable strength amidst a fluctuating market.

As we conclude this year’s final digest, let us continue to stay informed, inspired, and united as we celebrate our successes and remain committed to our vision of excellence. Here’s to another year of achievements, growth, and collaboration in 2025.

Best regards,
The AIFC Corporate Communications Team