Kazakhstan-based airlines banned from flying to Europe
According to the EC, Air Astana is eligible to perform flights to Europe only when using certain types of aircraft. The statement didn’t specify the types of the aircraft.
Russia charms Uzbekistan with massive debt writeoff
Russia's President agreed to write off most of the debt owed by Uzbekistan in an apparent bid to steer the Central Asian country towards joining the Eurasian Economic Union.
French ALSTOM to help modernize Kazakh power sector
French multinational ALSTOM and Kazakhstan's largest private power generating company CAEPCO have signed a memorandum of cooperation and understanding to modernize the power sector of Kazakhstan.
Transtelecom Chairman meets President of HP
Transtelecom Chairman meets President of HP Nurali Aliyev met with the President of Hewlettt-Packard Corporation Meg Whitman to discuss cooperation ahead of the EXPO-2017 to take place in Astana, Kazakhstan.
Ablyazov's company loses $1.5 billion arbitrage case against Kazakhstan
The Ad hoc Committee of the International Centre for Settlement of Investment Disputes (ICSID) has denied the appeal of Netherlands-based company KT Asia Investment Group BV that demanded $1.5 billion in compensation from Kazakhstan for allegedly nationalising the company's minority share in BTA Bank.
Kazakhstan to meet domestic demand for cement shortly
According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.
Microsoft buys email mobile app Accompli
Microsoft said it was buying the mobile email management application Accompli, in a deal reported to be worth more than $200 million.