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ESCAP forecast Kazakhstan’s economy growth at 6.2% in 2011 After the moderate 1.2% in 2009, the economy growth bounced back up to 7% in 2010 against the backdrop of favorable external economic conditions (…) The economy is set to grow by 6.2% in 2010: Noeleen Heyzer, ESCAP Executive Secretary.

05 May 2011

EBRD to invest to Kazakhstan $1 billion this year The Bank’s current obligations to invest into Kazakhstan in future to finance projects in various sectors make up $2.8 billion Euro: Finance Minister Bolat Zhamishev.

05 May 2011

Kazakhstan’s external trade statistics Kazakhstan’s external trade turnover in 2010 grew by ¼ as compared to 2009, reaching $89 billion.

05 May 2011

Land plots to be allocated for South Korea in Astana for diplomatic premises Respective agreement has been ratified by the Kazakhstan’s Senate today.

05 May 2011

Saudi Arabia interested in grain imports from Kazakhstan When the railway link Uzen – Turkmenistan border is completed, Kazakhstan will get an access to the Persian Gulf. This will cut down the transportation route to Saudi Arabia: Minister of Transport and Communications Berik Kamaliyev.

05 May 2011

Kazakhstan’s Senate ratifies Agreement on concerted principles of currency policies The sides undertake to pursue an economic policy to raise confidence in the national currencies of the Customs Union states.

05 May 2011

Another earthquake hit Almaty oblast Another 2-magnitude earthquake registered in Almaty oblast on May 4.

05 May 2011

Kazakhstan’s PM Massimov meets Sberbank CEO German Gref Kazakhstan-based subsidiary of Russia’s Sberbank has entered the top ten banks in Kazakhstan in terms of assets recently.

04 May 2011

Examination confirmed Valeriy Tolmachev mentally sick An Italian psychiatrist Marasco made a statement that Valeriy Tolmachev suffers from mental disorder.

04 May 2011

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Kazakhstan’s Agriculture Ministry has no plans to ban grain exports Kazakhstan can export 5.5. million tons of grain in the 2010-2011 marketing year: Agriculture Ministry.

04 May 2011

Multinationals account for half of investments into Kazakh O&G sector For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.

04 May 2011

Tasmagambetov deduced formula for investors in Astana Imangali Tasmagambetov delivered a speech at the 2nd Investment forum Astana Invest 2011.

04 May 2011

Kazakhstan and EU to work out a new program of strategic cooperation The Program seeks to deepen cooperation with regards to investments and trade with the EU: Zhanar Aitzhanova, Minister for Economic Integration.

04 May 2011

Two more quakes hit Almaty region Two more quakes hit Almaty region on May 3 and 4.

04 May 2011

Astana to implement projects worth $5 billion within 5 years II Investments Forum has opened today in Astana alongside the IV Economic Forum. When opening the Forum, Kazakhstan’s Prime Minister Karim Massimov told about further development of Astana.

04 May 2011

Kazakhstan developing a program to stabilize food prices However, given the openness of the economy, prices cannot be bridled forcibly: Assylzhan Mamytbekov, Agriculture Minister.

04 May 2011

Kazakhstan ratifies agreement on common oil and petroleum products market with Russia and Belarus The agreement seeks to define major principles to form the common markets of oil for the Customs Union member states, as well as to foster competition in these markets.

04 May 2011

Astana welcomes killing of Osama bin Laden Kazakhstan considers that the information on the successful killing of Osama bin Laden has dealt a serious blow to the international terrorism.

03 May 2011

KazMunaiGas to purchase Helios chain of gas stations According to a source at the Pavlodar oil refinery, almost everything is ready for the forthcoming deal.

03 May 2011