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  1. Main
  2. Economy

Economy

KazAtomProm announces its 2012 capital expenditures figure KazAtomProm announces its 2012 capital expenditures figure In 2011 the Company produced a total of 19 450 tons of uranium, 9% up against 2010.
24 February 2012
Kazakhstan’s National Bank becomes a member of the Islamic Financial Services Board (IFSB) Kazakhstan’s National Bank becomes a member of the Islamic Financial Services Board (IFSB) The membership will enable the National Bank to rely on effective support of the Organization to introduce and regulate Islamic financial services in Kazakhstan.
23 February 2012
Almaty budget reached 415 billion tenge in 2011 Almaty budget reached 415 billion tenge in 2011 Investments into the main capital of Almaty made 414.8 billion tenge ($2.8 billion) in 2011, which is 0.5 percent more than in 2010.
22 February 2012
Timur Kulibayev on using National Oil Fund to support small and middle-sized business Timur Kulibayev on using National Oil Fund to support small and middle-sized business As of February 1, 2012, assets of the National Oil Fund made up $45.5 billion.
22 February 2012
Gazprom Neft buys Kazakhstan fuel stations firm Gazprom Neft buys Kazakhstan fuel stations firm Management of Gazprom Neft made a decision to approve the purchase of 100-percent stake in Kazakhstan’s Sanol Invest.
22 February 2012
Atameken major business lobbying group suggests National Oil Fund assets be used to finance SMBs Atameken major business lobbying group suggests National Oil Fund assets be used to finance SMBs In his latest State of the Nation Address [January 27], 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.
22 February 2012
Kazakhstan to be a partner in a major power plant project in Kyrgyzstan alongside Russia Kazakhstan to be a partner in a major power plant project in Kyrgyzstan alongside Russia Once the power plant is launched, Kyrgyzstan will be able to generate extra 40% of the currently generated power.
22 February 2012
European investments into Kazakhstan will shrink European investments into Kazakhstan will shrink Professor of the Pennsylvania State University attended Asia 2020 workshop organized by the International Academy of Business.
22 February 2012
Kazakhstan and South Korea to sign a package of agreements on Balkhash thermal plant Kazakhstan and South Korea to sign a package of agreements on Balkhash thermal plant Kazakhstan’s President Nursultan Nazarbayev is to visit South Korea in March 2012.
22 February 2012
TENGRI LIFE
TENGRI TRAVEL
Import of Russian oil products will be same as in 2011: Mynbayev Import of Russian oil products will be same as in 2011: Mynbayev Import of oil products from Russia to Kazakhstan will remain at the level of 2011.
21 February 2012
Almaty to see a new resort with skiing pistes of up to 500 km Almaty to see a new resort with skiing pistes of up to 500 km Investments into the infrastructure are estimated at $756 million: Minister of Industry and Trade.
21 February 2012
Prices for real estate in Almaty are not set to drop: Central Bank Governor Prices for real estate in Almaty are not set to drop: Central Bank Governor In a separate statement he didn’t rule out a possibility of a single currency within the Common Economic Space within 8-10 years’ time.
21 February 2012
Almaty airport bested CIS airports Almaty airport bested CIS airports Almaty International airport named the best airport in the territory of the CIS countries.
21 February 2012
KMG failed to produce over 1 million tons of oil in Zhanaozen strikes KMG failed to produce over 1 million tons of oil in Zhanaozen strikes KazMunaiGas failed to produce over 1 million tons of oil because of Zhanaozen strikes.
20 February 2012
Rating of housing cost in Kazakhstan cities Rating of housing cost in Kazakhstan cities The most expensive accommodation in Kazakhstan in January 2012 was registered in Almaty.
20 February 2012
Kazakhstan ranked 16th among oil producing nations Kazakhstan ranked 16th among oil producing nations The list comprising a total of 44 nations experts with RIA Analitika think tank, based on OPEC data on average daily production.
16 February 2012
Life improved in Kazakhstan: Statistics Agency Life improved in Kazakhstan: Statistics Agency Economic indexes are signaling an improvement in the people’s lives.
16 February 2012
KazMunaiGas reshuffled KazMunaiGas reshuffled KazMunaiGas National Oil Company has been reshuffled.
16 February 2012
KazMunaiGas may merge with KazMunaiGas Exploration and Production KazMunaiGas may merge with KazMunaiGas Exploration and Production In the nearest future we will consider all possible optimization options within Samruk-Kazyna: Umirzak Shukeev, Head of the Samruk-Kazyna Sovereign Wealth Fund.
16 February 2012
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