Exit stage left for Nazarbayev
Kazakhstan's president departs after decades of tight control. Could it kickstart a privatisation push?
Nursultan Nazarbayev, Kazakhstan's first and only leader since independence, agreed in mid-March to relinquish the presidency after almost 30 years at the helm of Central Asia's largest economy, while retaining a title of "leader of the nation". In a move than surprised regional analysts, the Kazakh strongman resigned saying he wanted to "support the coming to power of a new generation of leaders, who will continue the transformations taking place in the country". The powers that Nazarbayev will retain, however, has led to scepticism he will fully step back from politics. In 2017, he was awarded lifelong chairmanship of the Security Council, which allows him to dismiss government functionari
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.






