Markets - страница 14

Almaty avenue among world's most expensive streets Al-Farabi Avenue in Almaty is in the 40th place among the most expensive streets in the world according to Cushman & Wakefield.

24 April 2014

Kazakhstan’s revenues for grain exports in 2013 exceed $1 billion For the recent 4 years the revenues have grown almost 2.5 times. The overall 2013 revenues made up $1.2 billion, whereas back in 2009 the figure only stood at $600 million.

23 April 2014

Balkhash lake named best place for nuclear power plant in Kazakhstan Earlier the country’s President Nursultan Nazarbayev commissioned the Government to decide before the end of the Q1 2014 on the location, sources of investments and timing of constructing a nuclear power plant in Kazakhstan.

23 April 2014

Full-scaled resumption of crude production at Kashagan expected at the end of 2015 Given the risks of further postponement of commercial production at the giant Kashagan oilfield, talks will be held with other oil companies to boost crude production figures, Tengrinews.kz reported earlier.

22 April 2014

Kazakhstan and Turkey agree on 16 additional flights The Kazakhstan Transport Ministry has arranged for 16 additional flights a week to Turkey for the summer season.

21 April 2014

Iran oil exports rise to 1.2 mn barrels per day Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said.

18 April 2014

US orange production hit by disease, juice prices soar A citrus disease spread by a tiny insect has devastated Florida's orange crop, which is expected to be the worst in nearly 30 years, and sent juice prices soaring on New York markets.

18 April 2014

Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan Talks will be held with other oil producers to boost crude production and exports by at least 1.5 million tons at other oilfields: Minister of Economic Affairs.

14 April 2014

People in Astana don't like new apartments? Astana folks abstain from buying apartments in new buildings.

11 April 2014

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Marks & Spencer reports rising Q4 sales British high street retailer Marks & Spencer posted rising fourth-quarter sales on Thursday, boosted by strong performances for clothing and food, and also at its international division.

11 April 2014

Oil Minister on Kazakhstan’s export capabilities amidst possible sanctions against neighboring Russia According to him, Kazakhstan’s Caspian sea port in Aktau now exports about 12 million tons of crude; the route to China also remains important.

07 April 2014

Project to ensure gas supplies to Astana postponed for cost considerations The construction would require investments of over $1 billion. According to the Ministry of Economic Affairs and Budget Planning, the draft project was deemed as excessively expensive: Oil Minister Uzakbai Karabalin.

07 April 2014

In 2013 Kazakhstan sent biggest volume of crude to Italy In 2013, Italy accounted for 27% of Kazakhstan’s crude exports, followed by China (17%), the Netherlands (13%), France (9%), Austria (7%): Oil Minister Uzakbai Karabalin.

07 April 2014

Stop importing food, support local producers: Kazakh Senator Kazakhstani lawmaker Kozhakhmet Baimakhanov believes Kazakhstan can meet the demand for rice and flour without importing the goods.

05 April 2014

Kyrgyzstan cuts electricity supply to Kazakhstan Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.

04 April 2014

Japan shoppers see first sales tax rise in 17 years Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.

01 April 2014

About 20 000 jobs to be created to cater to EXPO-2017 We are having a feasibility study completed. Within two weeks we will get the findings, including cost estimates: Head of Astana Expo-2017 National Company.

01 April 2014

Fuel prices to remain unchanged in Kazakhstan until mid year: Oil Minister According to him, even if they have to work incurring certain losses, the KMG National Oil Company will be maintaining the prices at the declared level regardless of the marketing economy rules.

28 March 2014

Alcohol ads ban: nearly 100 websites closed in Kazakhstan 92 websites have been banned by Kazakhstan courts for violating the law prohibiting advertisement of alcohol.

27 March 2014