Kenes Rakishev's company, Fincraft, pursues a complex systemic policy to increase liquidity and refinancing. The purpose of the conceived program is to improve the company's health and liquidate assets that are not relevant to Kenes Rakishev. S&P Global Ratings has left the long-term credit rating "BB-" and the rating on the
Economics
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Kenges Rakishev awaits first production-scale Battery Metal output in 2025
With G7 putting several Russian metal mining companies the world may face scarcity for several important commodities. It may present opportunity for investors to grab some market share. Kenges Rakishev, an experienced Kazakhstani businessmen offers for the public Gornostaevskoye mining field: a large deposit of nickel and cobalt in Kazakhstan.
The WhiteBIT cryptocurrency exchange scales up its business in Europe and undertakes projects to help Ukrainians abroad during the war
The world's largest cryptocurrency exchange WhiteBIT continues to scale up its business in Europe. The company's main objective is to achieve mass adoption of blockchain technology and grow the cryptocurrency community by providing a secure and easy-to-use platform. During the year, WhiteBIT's active audience increased 10 times. Today, the cryptocurrency exchange
Kenges Rakishev sells Vitino port to a s strategic investor
Kenges Rakishev offloaded sea port Vitino. The asset was sold to a strategic investor who intends to continue the extensive port renovation program, launched by Kazakhstan's renowned businessman. BTA Bank, controlled by Kenges Rakishev, sold 90% of the operator of the non-freezing seaport "Vitino" to Nord Star LLC to a strategic