Sep 07, 2026
A skyscraper in the new city, a partnership between Freedom and Chocofamily, and another Islamic bank within the centre’s jurisdiction
New arrivals in August
1. Yuriy Tskhay / Caspian Group — Alatau City Iconic Holding Limited
TIN/date of registration: 260840900117, 4 August 2026 (FCTA register, status: Active)
Type of activity: holding company — Activities of holding companies
Shareholder: Alatau City Properties partnership — sole shareholder of the entity
CEO/Director/Authorised signatory: Sanat Dyusembayev
Authorised capital: $50 million (50,000 ordinary shares at $1,000 each) — the largest capital among August registrations, several times greater than that of any of the July cases
Link to existing business: the entity’s name matches that of Iconic Building — the ‘anchor property’ of the Gate District business area in the new city of Alatau near Almaty, designed by the architects behind the Burj Khalifa. The complex features on the list of Alatau City’s key investment projects, valued at over $1 billion. The sole shareholder of the new АIFC structure is the partnership Alatau City Properties; its co-owners are businessman and former senator Yuriy Tskhay (via Caspian Group JSC) and Alexander Kim, who heads Caspian Group as CEO. Caspian Group itself is already implementing projects in Alatau City.
Why the AIFC: a major property development project is being given a management structure governed by English law – the same logic as that applied to the banking and commodities holding companies featured in the July review, but for the first time in relation to urban property on this scale.
Alatau City Iconic Holding has been granted an authorised capital of $50 million – the highest figure among all August registrations with the AIFC.
Read more: https://nationalbusiness.kz/news/tshay-turlov-i-muhoryapov-chto-krupniy-biznes-stroit-v-mftsa/