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  1. Main
  2. Economy

Economy

news Kazakhstan Kazakh growth GDP economy EBRD World Bank virus Middle East & Africa
EBRD on Kazakhstan’s 2015 economic prospects EBRD on Kazakhstan’s 2015 economic prospects Back in September 2014 the Bank had estimated the country’s 2015 growth rate at 5.1%.
21 January 2015
World Bank trims estimate of Ebola economic cost World Bank trims estimate of Ebola economic cost The World Bank trimmed its estimates of the economic damage of the Ebola epidemic.
21 January 2015
KazKommertsBank welcomes new members to its Board of Directors KazKommertsBank welcomes new members to its Board of Directors Two new members to the Board of Directors of KazKommertsBank has been elected as the process of integrating the bank with BTA continues.
20 January 2015
KazAtomProm signs credit agreement worth $450 million KazAtomProm signs credit agreement worth $450 million The borrowed funds will be channeled to refinance the Company’s Eurobonds maturing in May 2015. Back in 2010 the Company issued 5-year Eurobonds worth $500 million, with the money raised being directed to finance uranium mining projects.
20 January 2015
IMF chief warns Greece: 'A debt is a debt' IMF chief warns Greece: 'A debt is a debt' IMF chief Christine Lagard warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections.
20 January 2015
Kazakh budget revised amidst dropping oil prices Kazakh budget revised amidst dropping oil prices Kazakhstan is revising its budget because of the falling global oil prices.
19 January 2015
Russian government takes flak as it fails to stem economic crisis Russian government takes flak as it fails to stem economic crisis Russian authorities are coming in for growing criticism from economic insiders concerned over a lack of clear policies to deal with the crisis.
19 January 2015
Moody's cuts Russia debt rating one notch Moody's cuts Russia debt rating one notch Moody's cut Russia's credit rating to one step above junk level Friday and warned the country was under review for a further downgrade.
17 January 2015
Barclays loses tens of millions over Swiss franc move Barclays loses tens of millions over Swiss franc move British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro.
17 January 2015
TENGRI LIFE
TENGRI TRAVEL
Shymbulak should revise its pricing policy: foreign experts Icon Shymbulak should revise its pricing policy: foreign experts Foreign experts believe Kazakhstan’s Shymbulak mountain skiing resort located in Almaty oblast should revise its pricing policy.
15 January 2015
Sanctions-hit Russia in risky bet on Ukraine talks Sanctions-hit Russia in risky bet on Ukraine talks It seems to have played out exactly as Western powers hoped: sanctions and falling oil prices have hit Russia hard.
15 January 2015
Blackberry, Samsung deny takeover report Blackberry, Samsung deny takeover report Canadian smartphone maker BlackBerry's shares jumped then fell back amid rumors of takeover talks with South Korea's Samsung.
15 January 2015
US, Iran hold 'substantive' talks on nuclear deal US, Iran hold 'substantive' talks on nuclear deal Iran and the US held more than six hours of talks seeking to nail down a complex nuclear deal, but negotiators remained tight-lipped on what progress had been made.
15 January 2015
Ikea recalls 169,000 baby mattresses in US Ikea recalls 169,000 baby mattresses in US The Swedish furniture company Ikea has recalled 169,000 crib mattresses after reports that two children became trapped.
15 January 2015
Board of Directors of KazMunaiGas EP changes Board of Directors of KazMunaiGas EP changes The Board of Directors of KazMunaiGas Exploration and Production (KMG EP) has changed following the extraordinary general meeting of its shareholders.
15 January 2015
Google turns smartphones into real-time translators Google turns smartphones into real-time translators Google on Wednesday began turning smartphones into real-time language translators -- of both written and spoken content.
14 January 2015
Russian central bank restricts transactions with Kazakhstani suppliers Russian central bank restricts transactions with Kazakhstani suppliers Central Bank of Russia has restricted transactions involving Kazakhstani suppliers to prevent money laundering and tax evasion.
14 January 2015
$758 million for construction of Universiade 2017 venues Icon $758 million for construction of Universiade 2017 venues Almaty’s Board of Construction has announced the budget for the construction of the Universiade venues.
13 January 2015
Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.
10 January 2015
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