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Finance

State-run Development Bank of Kazakhstan to issue first ever Sharia-compliant sukuk bonds State-run Development Bank of Kazakhstan to issue first ever Sharia-compliant sukuk bonds The planned overall sukuk program is worth $500 million.
30 March 2012
Astana budget grew 23 billion tenge this year Astana budget grew 23 billion tenge this year Head of Astana department of economy and budget planning told about the budget of Astana in 2012.
29 March 2012
Kazakhstan Central Bank slashes its key rate Kazakhstan Central Bank slashes its key rate Previously the key rate had been slashed February 14, 2012 from 7.5% to 7%.
29 March 2012
Islamic mortgage suggested to Massimov Islamic mortgage suggested to Massimov Kazakhstan citizen Timur Davletov has applied to Prime-Minister Karim Massimov with a suggestion to make Islamic mortgage available Kazakhstan.
28 March 2012
Fuel prices decreased 12 percent for sowing campaign Fuel prices decreased 12 percent for sowing campaign Kazakhstan Minister of Agriculture reported on preparation for the sowing season at the selector meeting in the government.
26 March 2012
Alimony payers in Almaty are $1 million in debt to their children for 2011 Alimony payers in Almaty are $1 million in debt to their children for 2011 The total amount of alimony debt made up more than 124 million tenge (about one million dollars) in Almaty in 2011.
19 March 2012
Central Bank Governor on Islamic financial industry in Kazakhstan Central Bank Governor on Islamic financial industry in Kazakhstan The Government is developing an Islamic Finance Development Roadmap before 2020.
19 March 2012
It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor First of all, the member states would have to concert major macroeconomic parameters just like European nations did when formulating Maastricht criteria.
16 March 2012
National Bank preparing for e-tenge National Bank preparing for e-tenge Kazakhstan National Bank is working on implementation of e-tenge electronic money system.
16 March 2012
TENGRI LIFE
TENGRI TRAVEL
Kaztransoil to be No. 1 in People's IPO Kaztransoil to be No. 1 in People's IPO Kaztransoil will be the first company to implement the People's IPO program.
13 March 2012
EBRD announces its 2012 plans for Kazakhstan EBRD announces its 2012 plans for Kazakhstan In 2011 the Bank financed a total of 14 projects worth Euro 289 million.
13 March 2012
EXPO-2017 will cost Kazakhstan $1.5 billion EXPO-2017 will cost Kazakhstan $1.5 billion Hosting EXPO-2017 will cost Kazakhstan $1.5 billion.
13 March 2012
Ablyazov's case comes in too costly for British taxpayers Ablyazov's case comes in too costly for British taxpayers British taxpayers spend millions of pounds on legal costs related to high-profile trials against rich foreign businessmen in London.
12 March 2012
Global crisis may be good for Kazakhstan economy Global crisis may be good for Kazakhstan economy Expert opinions about the benefits of the global crisis for Kazakhstan's economy.
08 March 2012
Central Bank Governor on the Tenge strengthening Central Bank Governor on the Tenge strengthening The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
07 March 2012
Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037 Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037 Kazakhstan's 10-percent stake in KPO will generate an additional profit of $3.3-5 billion: Oil and Gas Minister.
05 March 2012
Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days I believe the efforts to raise general public’s awareness of the IPO have been inadequate: PM Massimov.
29 February 2012
Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies In a statement January 27, 2012 President Nazarbayev instructed Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices”.
28 February 2012
$3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 $3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 In his State of the Nation Address January 27, 2012, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
27 February 2012
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