Alatau: National Bank of Kuwait considers investment in new city

Investment & companiesOfficial: Alatau City Authority2 Sources

Published 8 Nov 2026 · last updated 8 Nov 2026 · 6 May 2026

National Bank of Kuwait CEO Isam Al-Sager discussed the Alatau City project with Kazakh Ambassador Yerzhan Yelekeev. The bank, with assets exceeding $140 billion, expressed interest in cooperation opportunities. A detailed presentation of investment prospects is scheduled for autumn 2026.

Key facts

• Talks between Ambassador Yerzhan Yelekeev and Isam Al-Sager, CEO of National Bank of Kuwait.
• National Bank of Kuwait has assets exceeding $140 billion.
• Alatau City is being developed as a digital city with accelerated growth.
• A detailed presentation for Kuwaiti investors is planned for autumn 2026.
• Kazakh Deputy Prime Minister Kanat Bozumbayev plans a trip to Kuwait in autumn 2026.

All sources (2)

1. Kazakhstan and Kuwait to strengthen economic ties through infrastructure projectsQazinform · 6 May 2026 · EN
2. Official: Alatau City AuthorityAlatau City Presented to Kuwait’s Largest BankAlatau City Authority · 6 May 2026 · EN