BAE Systems may sell part of its stake in Air Astana within People’s IPO No final decision has been taken yet. However, it is clear that Samruk-Kazyna Sovereign Wealth Fund will retain its majority stake: Peter Foster, Air Astana President.
22 September 2011
KazAtomProm, BRGM and CEIS sign agreement on strategic partnership Among other things, the three entities will be working on rare and rare earth metals extraction technology development.
22 September 2011
Kazakhstan capable of maintaining stability of the national currency: Central Bank Head According to him, Kazakhstan’s exporters are in a better position than their Russian counterparts.
22 September 2011
Mussabayev of KazKosmos Space Agency against declaring October 2 the Day of Cosmonautics in Kazakhstan The whole world celebrates the Cosmonautics day [renamed by the UN to the International Day of Human Space Flight] April 12 to commemorate the first flight of Yuri Gagrin to space in 1961: Mussabayev.
22 September 2011
Kazakhstan’s 2010 GDP exceeded combined GDP of 4 Central Asia states twofold In 2010 the national GDP figure exceeded $148 billion.
22 September 2011
Nazarbayev calls for international legal framework for the global information space Information space is a realm equal to natural resources, water or air, or outer space in terms of its importance to the humankind: President Nazarbayev.
22 September 2011
Unprecedented grain harvest since 1950 According to Agriculture Minister, 75% of grain has been already harvested.
21 September 2011
Kazakhstan to introduce annual re-registration for foreign religious missionaries According to Lama Sharif, as of today there are over 300 foreign missionaries registered in Kazakhstan.
21 September 2011
External debt of the Kazakhstan’s banking sector shrank by $30 billion In December 2007 the figure stood at $46 billion.
21 September 2011
Would-be entrepreneurs to apply for state registration on-line from 2013 150 000 new entrepreneurs were registered in 2010.
20 September 2011
Kazakhstan to designate insurance companies for KazSat-2 late October Before the satellite is fully transferred to Kazakhstan, the Russian side is fully responsible for insurance-related issues: Talgat Mussabayev, Head of KazKosmos National Space Agency.
19 September 2011
Kazakhstan’s Government raises export duty on petroleum products The new export duty rate comes into effect September 27.
19 September 2011
Kazakhstan seeks greater role in freights operations from and to China Kazakhstan’s Minister of Industry and New Technology Asset Issekeshev: with the new railway to Turkmenistan, an extended sea port and the West China – West Europe motor corridor in place, Mangistau oblast will be a notable transport hub.
17 September 2011
President Nazarbayev visits D island at Kashagan giant oilfield The field was discovered in 2000 and was one of the larger discoveries in that decade, it is estimated that the Kashagan Field has commercial reserves from 10 billion barrels.
17 September 2011
Nazarbayev and Medvedev to discuss emergency situations Presidents of Kazakhstan and Russian Nursultan Nazarbayev and Dmitry Medvedev will discuss joint emergency situations response.
15 September 2011
E-commerce to reach $1.2 billion a year by 2014: Minister of Communications and Information According to him, as of today, annual e-commerce turnover makes up $300 million.
15 September 2011
KazaSat-2 orbital tests to be over October 19 The space vehicle will be operating managed from the Kazakhstan’s space communications center starting from the end of autumn: KazKosmos [Kazakhstan Space Agency] Head Talgat Mussabayev.
15 September 2011
KazSat-2 to enable Kazakhstan to save $30 million a year Kazakhstan’s communications satellite KazSat-2 will be operable starting from late October 2011.
14 September 2011
January – August coal production figure announced Kazakhstan is ranked 8th in terms of coal production, holding 4% of the global coal reserves. Coal accounts for 80% of power generated in Kazakhstan.
14 September 2011
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