The President of the Republic of Kazakhstan

02/25/2026 | Press release | Distributed by Public on 02/25/2026 02:06

The Head of State Holds Meeting with the Leadership of Power International Holding

Events

Akorda

The Head of State Holds Meeting with the Leadership of Power International Holding

February 25, 2026

President Kassym-Jomart Tokayev received Moutaz Al-Khayyat, Board Chairman of Power International Holding (PIH), and Ramez Al-Khayyat, Board Vice-Chairman & President, at the Akorda.

During the meeting, the parties discussed prospects for implementing joint investment projects in the energy and telecommunications sectors.

The Head of State emphasized that large-scale gas projects in processing, transportation and energy production constitute a key pillar of Kazakh-Qatari investment cooperation and make a significant contribution to strengthening Kazakhstan's energy security.

The President was informed about PIH's plans to expand its presence in the telecommunications market as part of the transaction to acquire Mobile Telecom Service (Tele2). Kassym-Jomart Tokayev expressed confidence that the company's participation would contribute to the modernization of telecommunications infrastructure, improvement of service quality and greater accessibility for citizens.

At the conclusion of the meeting, the interlocutors reaffirmed their commitment to further expanding cooperation and implementing promising investment projects.

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