Kaspi.kz is trying to keep its growth story on track by deepening its all-in-one app and pushing into new products and new countries, even as rules and tougher competition shake up some of its biggest lines of business. The big question is whether it can keep users spending and merchants onboard while higher rates, lower-margin categories, and overseas expansion risks test profitability.Read more

Turkcell is growing beyond mobile service into broadband, digital payments, and telecom infrastructure, giving it more ways to expand even in a tough economy. With new network upgrades coming and a stronger cash cushion after a major asset sale, the business could surprise investors—unless rollout delays, regulators, or rivals get in the way.Read more