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KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn
USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …
Hospital train proposed for military evacuations and civilian disaster response
GERMANY: Siemens Mobility and Lufthansa Technik Defense have agreed to develop jointly a train for cross-border military medical evacuations and civilian disaster response. Ahead of the Berlin Security Conference on November 3-4 the companies signed a memorandum of understanding to combine their decades of experience …
Kazakhstan Calls for Stronger Implementation of Humanitarian Law at Geneva Dialogue
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has called for stronger national mechanisms to ensure compliance with international humanitarian law (IHL), stressing that efforts to protect civilians must begin long before armed conflicts break out. Kazakhstan h…
Kazakhstan Plans National Laboratory for Critical Materials as Manufacturing Sector Expands
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to establish a National Laboratory for Critical Materials in Astana as part of efforts to develop its mineral resources, strengthen geological exploration and reduce reliance on imports, First Deputy Prime Mi…
Tokayev Meets Network School Founder, Welcomes Launch of Kazakhstan Branch
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – President Kassym-Jomart Tokayev met with Balaji Srinivasan, founder of Network School, to discuss cooperation in technology, education and innovation, reported the presidential press service on Nov. 4. From L to R: Balaji Sri…
Kazakhstan and China Build Digital Bridge for Data Economy
The Astana Times provides news and information from Kazakhstan and around the world. Access to reliable data gives businesses a competitive advantage when they develop AI tools, build digital services or enter new markets. Kazakhstan and China are working to make that resource easier to use securely across borders. Ch…
Kazakhstan Eyes 2035 Completion for First Two Nuclear Power Plants
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan expects its first two nuclear power plants to be completed by 2035, with construction of the Balkhash plant involving a Russian-led consortium headed by Rosatom and negotiations underway with China National Nuclear…
ÖBB holding to take control of passenger and freight arms in major restructuring
AUSTRIA: The coalition government has agreed the biggest restructuring of the state-owned ÖBB group in more than two decades, which is expected to cut costs by around €80m a year. The governing coalition of the conservative ÖVP, the social democratic SPÖ and the liberal NEOS agreed a plan to restructure the ÖBB group …
Kazakhstan to Complete Construction of Three New Airports by End of 2026
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to complete construction of three new airports in Zaisan, Katon-Karagai and Kenderli by the end of 2026 as part of efforts to expand the country’s aviation infrastructure and strengthen its transit potential,…
Tokayev’s ‘Build! Once Again – Build!’ Initiative Takes Shape Across Kazakhstan With $14.3 Billion Plan
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing for a nationwide construction drive that will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure development through 2029, as President Kassym-Jomart Tokayev calls for a new phase…
ERA Executive Director to speak at inaugural Railway Gazette Summit
EUROPE: As the European rail landscape undergoes a period of profound transformation, the 2026 Railway Gazette Summit will be debating opportunities for building a resilient, competitive and sustainable railway sector. A detailed programme can be found here . Hosted by Railway Gazette International Executive Editor Ni…
AI Bubble: Global Investors Seek AI’s Real Enterprise Value at Hong Kong’s Cyberport Forum
The Astana Times provides news and information from Kazakhstan and around the world. HONG KONG — The term “bubble” was not a whispered fear but a baseline for discussion at the Nov. 4 Cyberport Venture and Capital Forum, where participants focused on winning the next competitive cycle in AI. As artificial intelligence…
Kazakhstan Signs New Uranium Supply Contracts With India and China
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has signed new contracts to supply natural uranium to major energy companies in India and China in 2026, as the country seeks to expand its international partnerships and diversify uranium sales markets, Kazakh Pre…
Nazarbayev University Conference Highlights Need to Rethink Teaching Practices
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Educators and higher education experts worldwide gathered in Astana on Oct. 27-28 for Nazarbayev University’s Teaching Conference 2026 to discuss ways to improve teaching quality, support faculty development and address the c…
Kazakhstan to Produce 494 Medicines Under $ 862 Million Investment Plan
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to expand domestic pharmaceutical production through eight major investment projects worth a combined $862 million, with plans to manufacture 494 types of medicines and create more than 1,200 jobs, Health Min…
Urban rail industry news round-up
This week’s round-up of news from the global urban rail transport sector, from Railway Gazette International . On October 29 Wuhan opened two more sections of its metro network. The second phase of Line 12 between Gangduhuayuan and Moshuihu Park via the north and west of the city joins the two ends of Phase 1 opened o…
Prime Minister inaugurates Pune Metro Line 3
INDIA: The 23.3 km Pune Metro Line 3 (Pink) was inaugurated by Prime Minister Narendra Modi via video link on November 3, with passenger services scheduled to start the following day. Developed by a joint venture of Siemens and Tata under a PPP agreement, the elevated line with 23 stations is intended to halve travel …
Kazakhstan Retains Central Asia’s Top University Rankings as Nazarbayev University Climbs 62 Places
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has retained its position as Central Asia’s leading higher education system in the QS World University Rankings: Asia 2027, with three universities placing among the region’s top 100. Nazarbayev University recorded…
Kazakhstan Sets Aside $ 14.3 Billion for Infrastructure and Social Projects Through 2029
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Kazakh government approved an action plan on Nov. 3 to implement the president’s state-of-the-nation address, allocating around 6.5 trillion tenge (US$14.3 billion) for key social and infrastructure projects through the e…
Celebrate the best of UK rail at the 2027 Rail Business Awards
UK: Organisations across the UK rail and metro sectors have until 23.55 on November 13 to submit entries for the next Rail Business Awards , which will take place on March 11 2027 in Newcastle-upon-Tyne. Established as the first national awards for the UK railway sector, the prestigious Rail Business Awards recognise …
Two More Amur Tigers to Join Kazakhstan’s Wildlife Comeback in 2027
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing the next stage of its tiger reintroduction program, with two cubs expected to be released into the wild in 2027, Kazinform reported on Nov.3. Photo credit: Almaty Zoo The cubs are undergoing adaptation…
Renfe updates safety protocol as investigators analyse Urda collision
SPAIN: Renfe has introduced a new safety directive for high speed operations, requiring trains to halt and proceed at a maximum speed of 40 km/h under visual supervision after cab signalling failures. The decision follows the fatal Urda collision that killed at least 69 people. Most Spanish high speed lines are equipp…
Build! Once Again – Build: Kazakhstan’s Construction Program to Boost Growth, Improve Living Standards
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing for a nationwide construction drive that will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure development through 2029, as President Kassym-Jomart Tokayev calls for a new phase…
Melbourne Airport Rail Link moves two steps closer to realisation
AUSTRALIA: The Victorian Infrastructure Delivery Authority has announced the preferred bidder to rebuild Sunshine station as part of Stage 1 of Melbourne’s long-planned Airport Rail Link. It has also committed to starting Stage 2 works in 2028, leaving the final stage without a timescale. The airport rail project is b…
Japan, UNDP Commit $ 3 Million to Greener Mining in Kazakhstan
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Japan and the United Nations Development Programme (UNDP) provide Kazakhstan with $3 million to strengthen environmental oversight and promote sustainable development in its rare metal and rare earth mineral sector under a ne…
Sweden selects lower-cost Norrbotniabanan route as budget tightens
SWEDEN: Trafikverket has picked the lowest cost of the routes it studied for part of Norrbotniabanan, a missing link in the EU’s core rail network along the northern Baltic coast, three months after the government ordered it to rein in costs on the line’s unbuilt northern section. The Swedish transport administration …
Kazakhstan Restores Oil Flows Through Key Export Pipeline
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has resumed oil transportation through the Atyrau-Samara pipeline after suspending operations following drone attacks on facilities in Russia, according to the Kazakh Ministry of Energy. The pipeline returned to op…
Global Tech Weekend 2027 to Launch in Tbilisi With Startup Pitches
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Global Tech Weekend (GTW) will hold the official launch event of its 2027 program on Dec. 5 at Mtatsminda Hall in Tbilisi. The event will feature an unconventional pitch session, with startup founders presenting their ideas t…