Economy

More housing deals in Kazakhstan The number of residential real estate deals made 29,663 in Q1 in Kazakhstan: a 6.6% increase.
11 April 2011
Kazakhstan and India to sign nuclear energy agreement Kazakhstan and India are going to sign a nuclear energy cooperation agreement.
11 April 2011
Mettalurgists of ArcelorMittal Temirtau ask for pay rise Zhaktau metallurgists trade union insists on a salary increase for ArcelorMittal Temirtau employees.
11 April 2011
Kazakhstan Q1 2011 GDP growth stands at 6.5% PM Karim Massimov announced GDP growth of 6.5% in Q1 2011 on his Twitter account today.
11 April 2011
KazMunaiGaz EP to explore new oil blocks KazMunaigaz EP is to purchase 4 oil blocks – Temir, Teresken, Karaton-Sarkamys and territories adjacent to Uzen and Karamandybys oil fields – from its parent company, KazMunaiGaz.
11 April 2011
Kazakh business to face no illegal inspections A software tracking all inspections of small and medium businesses will be introduced on July 1, 2011.
09 April 2011
Debtors will no longer be allowed to travel abroad Kazakhstani Ministry of Justice plans to prohibit the exit from the country for those Kazakhstan citizens, who have tax or alimony arrears.
08 April 2011
Fuel in Kazakhstan to be 13% cheaper than in Russia Kazakhstan will restrain fuel prices after opening the Unified Economic Space and keep them 10-13 percent lower than in Russia.
08 April 2011
Jewish Al-Jazeera to be created Aleksandr Mashkevich promised to to create a pro-Jewish TV-channel to carry out explanatory work against delegitimation of Israel in the world.
08 April 2011
KazAtomProm and Purolite to produce chemicals KazAtomProm and Purolite International AG signed a memorandum of understanding and cooperation in technologies and innovations.
07 April 2011
Clean up of Kazakh banks may start July 1 Introduction of a new mechanism to clean up banks of bad loans needs some amendments into the applicable legislation: Gregory Marchenko, Chairman of the National Bank.
07 April 2011
Gold production output to grow 2.3 times by 2014 The task is to bring gold production output to over 70 tons per year by 2014: Asset Issekeshev, Vice Minister of Industry and Trade.
07 April 2011
New business support program to be launched April 15 Productivity-2020 business support program will be launched in Kazakhstan on April 15.
06 April 2011
Kazakh imports grew 10.3% in 2010 In 2010 imports figure stood at $ 30.4 billion, against $ 28.4 billion in 2009.
06 April 2011
Kazakh National Bank issued Olympics-2012 silver coin Kazakhstan National Bank issued an Olympics-2012 silver coin.
06 April 2011
Gold and currency reserves 17% up since start of year Kazakhstan’s gold and currency reserves, including those of the National Bank and the National Fund, make up $ 69 billion as of the end of March.
06 April 2011
World Bank announces grant competition World Bank Country Office has announced launch of a grant competition under the Civil Society Social Development Program worth $ 45,000 for nonprofit, nongovernmental, nonacademic organizations of Kazakhstan.
06 April 2011
Kashagan oilfield might face another 3-year delay Kazakhstan is planning to delay the works on the main phase of Kashagan development for three more years.
06 April 2011
Government to sell its stakes in Kazakh banks Samruk Kazyna Sovereign Fund is expected to sell its stakes in BTA, Temir Bank and Alliance Bank before 2014. According to the Fund’s Chairman Kairat Kelimbetov, the banks’ value is set to grow.
06 April 2011
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