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Finance

Saudi Arabia loan Market Middle East & Africa money news Oil price finance
Saudi to take $10 billion foreign loan Saudi to take $10 billion foreign loan Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.
20 April 2016
Argentina returns to credit markets after 15 years Argentina returns to credit markets after 15 years Argentina returned to international financial markets , receiving offers for its sovereign bonds ahead of its first debt sale in 15 years.
19 April 2016
Kazakhstan’s National Bank invests heavily into gold Kazakhstan’s National Bank invests heavily into gold Kazakhstan’s National Bank has been steadily increasing its gold reserves over the past few years.
13 April 2016
Rich nations probe Panama Papers tax revelations Rich nations probe Panama Papers tax revelations Tax authorities from the world's richest nations on Wednesday probed a mass of murky offshore dealings revealed in the huge Panama Papers data leak, just hours after police raided the law firm at the centre of the scandal.
13 April 2016
Saxo Bank makes Kazakh tenge and oil forecasts Saxo Bank makes Kazakh tenge and oil forecasts Merely a relatively stable exchange rate is highly rewarding for holders of KZT because of the very high interest rate in Kazakhstan relative to the US dollar: John Hardy.
05 April 2016
Brazil debates economic cost of corruption investigation Brazil debates economic cost of corruption investigation Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.
28 March 2016
Weakest return for Norway sovereign wealth fund since 2011 Weakest return for Norway sovereign wealth fund since 2011 The world's biggest sovereign wealth fund, Norway's public pension fund, posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery.
09 March 2016
India pledges billions for farmers in 'populist' budget India pledges billions for farmers in 'populist' budget India’s government pledged billions of dollars to help struggling farmers and boost the rural economy as it unveiled its annual budget.
29 February 2016
'Bad bank' deal could be option for several countries: EU banking resolution chief 'Bad bank' deal could be option for several countries: EU banking resolution chief A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
17 February 2016
TENGRI LIFE
TENGRI TRAVEL
Tenge slides 100% in 5 months; what next for Kazakhstan? Tenge slides 100% in 5 months; what next for Kazakhstan? Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.
22 January 2016
Interest rates on deposits in tenge raised in Kazakhstan Interest rates on deposits in tenge raised in Kazakhstan In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.
21 January 2016
Inflation in Kazakhstan makes 13.6% in 2015 Inflation in Kazakhstan makes 13.6% in 2015 Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.
05 January 2016
Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
28 December 2015
Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
28 December 2015
Oil price slump forces Azerbaijan to stop propping up currency Oil price slump forces Azerbaijan to stop propping up currency Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
22 December 2015
EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk The European Union and Turkey agreed on a deal to stem the migrant crisis, including a three-billion-euro ($3.2-billion) aid package for Syrian refugees in Turkey.
30 November 2015
American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.
27 November 2015
Obama vows better trade ties with new Argentine leader Obama vows better trade ties with new Argentine leader US President Barack Obama sought to capitalize on Mauricio Macri's election to open a new, less contentious chapter in relations with Argentina.
26 November 2015
Russia sanctions could be lifted if it meets Ukraine commitments: French PM Russia sanctions could be lifted if it meets Ukraine commitments: French PM Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.
26 November 2015
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