Ikea ruffles a few feathers with first Korean store
Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
Kazakhstan-based airlines banned from flying to Europe
According to the EC, Air Astana is eligible to perform flights to Europe only when using certain types of aircraft. The statement didn’t specify the types of the aircraft.
What's with the gasoline prices in Kazakhstan?
Kazakh government is lowering gasoline prices. But for how long? And does it address the fuel deficit in the country?
Turkey wants share of Mediterranean energy wealth: PM
Turkish Prime Minister said his country wanted a share of the energy deposits off the shores of Cyprus, an issue that has strained ties with both Nicosia and Athens.
France and Kazakhstan to sign agreements worth $530.3 million
For the first 9 months of 2014 the bilateral trade turnover figure made up $4.7 billion, with major Kazakhstan’s exports being oil, metals and chemicals.
First Vice Energy Minister refutes anticipated substantial petrol prices hikes
Earlier a Senator said that Western oil majors operating in Kazakhstan were willing to supply crude to be processed for domestic consumption at global prices.
Kazakhstan's 2014 oil production figure expected to be lower than 2013 figure: Energy Vice-Minister
Back in 2013 Kazakhstan produced 81.731 million tons of oil, including condensed gas, 3.2% up against 2012.
Railway link from Kazakhstan to Iran across Turkmenistan to be inaugurated today
The agreement on construction of the Kazakhstan-Turkmenistan-Iran railway link was signed by the three leaders back in 2007, the actual construction works commenced in 2009.
Kazakhstan to meet domestic demand for cement shortly
According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.