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reserves news National Bank Kazakhstan Kazakh gold currency Debt BTA Bank Court bank pension fund payment increase Government KazMunaiGas price Oil Minister fuel rating Moody's credit WTO GDP economy crisis Zhanaozen workers Samruk Kazyna wage release coin strike president Nazarbayev TeliaSonera Sweden Kcell Europe deal cellular

2011 gold and currency reserves announced Assets of the National Oil Fund as of the end of December totaled $43.693 billion, 41.04% up against the end of 2010.

09 January 2012

Planned restructuring of BTA Bank's debt will not affect its clients Chairman of the board of BTA Bank Anvar Saidenov commented on the planned restructuring of the bank's debt.

08 January 2012

Court liquidated 'golden' bank of Assaubayevs family Almaty economic court ruled a forced liquidation of Credit Altyn Bank.

06 January 2012

Pensions in Kazakhstan raised 9% starting from January 2012 Pensions have been increased by 9% starting from January 2012 in Kazakhstan.

03 January 2012

Employees of EP KazMunaiGas are called to follow corporate ethics Director General of EP KazMunaiGas Alik Aidarbayev called his employees to follow corporate ethics.

03 January 2012

Fuel prices will remain the same in January 2012 in Kazakhstan Fuel prices will not change in January 2012.

02 January 2012

Moody's set conditions Kazakhstan is to meet for rating Moody’s will upgrade the credit rating of Kazakhstan if it improves diversification of the economy and enhance its banking regulation.

30 December 2011

Minister of Economic Integration on Kazakhstan’s accession into the WTO According to her, as of today all the talks on access of goods and services are over, except those with Argentina and Saudi Arabia.

29 December 2011

Minister of Economic Development and Trade Kairat Kelimbetov announces economy performance indicators According to Kelimbetov, Kazakhstan is capable of overcoming a new wave of the global crisis.

28 December 2011

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Fuel prices will remain at the same level in 2012 The Ministry of Oil and Gas of Kazakhstan will keep 2012 fuel retail prices at the level of December 2011.

28 December 2011

EP KMG admitted its fault to workers EP KazMunaiGas admits its fault to the workers and is ready to make amends.

27 December 2011

Umirzak Shukeev appointed to head Samruk-Kazyna Sovereign Wealth Fund The Fund’s outgoing head Timur Kulibayev had voluntarily submitted his resignation letter in the wake of the public unrest in the oil producing city of Zhanaozen.

27 December 2011

Most of Kazakhstan residents didn’t get a rise of salary in 2011 Most of Kazakhstan residents haven’t got a rise of salary in 2011.

26 December 2011

PHOTO: National Bank of Kazakhstan issued New Year coins The National Bank of Kazakhstan has issued the Year of Dragon commemorative coins with a nominal value of 500 tenge.

26 December 2011

Oil workers fired in Zhanaozed and Aktau offered jobs in future drilling company Participants of a blog-tour met with the chairman of EP KazMunaiGas Alik Aidarbayev.

26 December 2011

New Director General is managing EP KazMunaiGas Alik Aidarbayev was elected chairman (Director General) of EP KazMunaiGas.

23 December 2011

Head of Samruk-Kazyna Sovereign Wealth Fund Timur Kulibayev to be dissolved My instructions to settle the labor disputes [following the industrial action in the Western oil-producing regions which started in May and partly suspended oil production] were not followed: President Nazarbayev.

23 December 2011

KazMunayGas has a new head Lyazzat Kiinov had already headed the Company back in 2002 which was a closed joint stock company at the time.

23 December 2011

Kazakhtelecom sold its Kcell share to the Swedish company TeliaSonera bought 49% of GSM Kazakhstan Ltd from Kazakhtelecom national communication company.

22 December 2011