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Kazakhstan hoping to complete talks on stake in Karachaganak Petroleum Operating We are in talks for KazMunaiGas National Oil Company to acquire 10% in the project and we hope to arrive at some agreement within reasonably shortest time: Timur Kulibayev, Chairman of the Board at Samruk-Kazyna Sovereign Wealth Fund.

28 April 2011

PM Karim Massimov instructs Oil and Gas Minister to control fuel supplies Kazakhstan, a major grain producer, is facing a sowing campaign which traditionally entails hikes of prices for lubricants and fuels.

28 April 2011

There is no immediate need to review inflation rate forecast: G. Marchenko There are no reasons for negative outlooks: Grigory Marchenko, Head of the National Bank.

28 April 2011

Kazakhstan ranks №9 in the world by incoming migrants flow A round table on migration was held in Almaty. 134 thousand of foreign citizens currently work in Almaty.

28 April 2011

WTO member states account for over ½ of Kazakhstan’s trade turnover Kazakhstan has completed bilateral talks with 24 WTO member states: Grigory Marchenko, Head of the National Bank.

28 April 2011

Kazakhstan to simplify visa procedures for German citizens Kazakhstan Foreign Affairs Ministry is planning to simplify the visa issue process for Germany citizens.

27 April 2011

President Nazarbayev and King Abdullah II of Jordan have phone talks The parties discussed the current state and prospects of the bilateral ties of the two nations: President’s Press Service.

27 April 2011

Prime Minister Karim Massimov holds sitting focused on e-government An ambitious task is to bring the data transmission rate to 100 Mbit per second: PM Karim Massimov.

27 April 2011

Kazakhstan imports Euro-4 gasoline from Russia Plans are there to shift to locally-produced Euro-4 gasoline by 2015.

27 April 2011

TENGRI LIFE

TENGRI TRAVEL

PM Massimov fine-tunes dialogue with business community Kazakhstan’s Prime Minister Karim Massimov has held a sitting of the Coordination Council for Entrepreneurship.

27 April 2011

Kazakh diplomat Tolmachev charged with hijacking The first pretrial investigation hearing on Valeriy Tolmachev took place on April 26 in Civitavecchia, Italy. The hearing presided by Italian pretrial judge was also attended by prosecutor and Tolmachev’s attorney Ivana Manni.

27 April 2011

Italy’s UniCredit does not plan to sell its Kazakhstan-based ATF Bank This was announced by ATF Managing Director Alexander von Gleich today in Almaty at the 5th annual conference focused on Kazakhstan-related Fitch ratings.

26 April 2011

Massimov launched Internet-voting Kazakhstan Prime-Minister Karim Massimov launched an Internet voting that would determine the Internet platform where his online-conference is going to be held.

26 April 2011

Capital punishment in Central Asia discussed in Astana International conference on capital punishment in Central Asia held in Astana to discuss abolishment and transition challenges.

26 April 2011

Russia’s Sberbank subsidiary enteres top ten in Kazakhstan The bank’s assets in Kazakhstan are set to grow by 40% in 2011: Oleg Smirnov, Chairman of the Board.

26 April 2011

$3.6 billion to maintain housing and utilities infrastructure in 2011-2020 $1.13 billion will go to modernize utility distribution systems, wheareas $2.45 billion will be injected into repairs of apartment blocks: Serik Nokin, Head of the Agency for Housing and Utilities Infrastructure.

26 April 2011

Unarmed Kazakh shot dead by US police officer A young cook from Kazakhstan identified by friends as Kirill Suchin was shot dead in Portsmouth, Virginia, for banging on the door. The officer is being investigated.

26 April 2011

Islamic financial products to be accessible to individuals by late 2011 The only Islamic bank in Kazkahstan focused on corporate clients plans to launch retail programs: Prasad Abraham, chairman of the board of Al Hilal in Kazakhstan.

26 April 2011

Ministry of Industry and Ministry of Foreign Affairs to jointly attract investors Kazkahstan’s Ministry of Industry and New Technology and Ministry of Foreign Affairs should work on a joint plan to attract investments to Kazkahstan, Foreign Minister Erzhan Kazykhanov believes.

26 April 2011