Tengrinews.kz wins Namys Doda Internet-award
The results of the new professional Kaznet award called Namys Doda were announced.
Kazakhstan will speed up shipment of Chinese cargoes
Kazakhstan will be shipping freights originating in China faster.
BTA is our bank and we will support it: Shukeyev
Chairman of Samruk-Kazyna National Welfare Fund commented the statements of bankers about the future of BTA Bank.
$202.7 million out of the National Oil Fund to finance the integrated gas treatment and chemicals production complex in Atyrau
In his latest State of the Nation Address, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
Samruk-Kazyna will cut over 4,000 jobs in 2 years
Samruk-Kazyna National Welfare Fund will cut over 4,000 jobs in two years.
Halyk Bank Board Chairperson under fire over her comments on BTA’s viability
At a press-conference in Almaty April 3, Halyk Bank Chairperson of the Board Ms. Umyt Shaykhmetova criticized the BTA’s plans of the second debt restructuring.
Karachaganak Petroleum Operating fined $50 million
Karachaganak Petroleum Operating was fined $50 million for emissions.
KazAtomProm to purchase a stake in the largest uranium processing company in the world by the year end
Relying on the infrastructure of the Uralsk Electrochemical Works, Russia and Kazakhstan have been working together to launch a joint uranium enrichment facility.
KazMunaiGas National Oil and Gas Company to join the top 30 global oil majors by 2022
As of now the Company is among the top 50 global oil and gas companies.
Air Astana raising domestic flights prices
Air Astana air company is raising cost of its domestic flights tickets 16%.
KazMunaiGas halved its top management
KazMunaiGas National Oil company has completed optimization of its central headquarters' structure.
EBRD buys a stake in a Kazakhstan grain production company
Established in 1999, KazExportAstyk operates primarily in the North Kazakhstan and Akmolinsk areas to produce and export grain, oil seeds, and flour.
KazMunaiGas will open hotel in Georgia in October 2012
Medical and health-improvement hotel Borzhomi-Likani owned by KazMunaiGas-Service will open in October 2012.
Oil-producing companies will pay 400 million tenge in fines: Kazakhstan Oil and Gas Ministry
The list of penalized companies will be published on the website of the Oil and Gas Ministry in the beginning of April.
KazMunaiGas fined 500 million tenge in Pavlodar
KazMunaiGas was mulct by 470 million tenge ($3.2 million) in Pavlodar.
Second biggest cigarette producer in Kazakhstan closing down one of its two production facilities
The tobacco facility in Shymkent was launched in 1995.
Two stages to launch integrated gas treatment and chemicals production complex in Atyrau
The facility will be converting domestic hydrocarbons, producing 500 000 tons of propylene and 800 000 tons of polyethylene.
KazMunaiGas cut a quarter of managerial jobs
Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.
Hyundai Marubeni of Japan to finance modernization of the Pavlodar-based oil refinery
The actual construction is to start in 2013 and complete by the Q4 2015.
BTA Bank to cut 25 percent of jobs
BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.