Samruk Kazyna site.news_by_theme

Photo courtesy of Astana Football Club.
Pipe dreams: Kazakhstan's hopes of sports empire hit by oil crash

A quartet of state-of-the art, government-built stadia rise out of former marshland in energy-rich Kazakhstan's futuristic capital Astana, but the Central Asian state's soaring sporting ambitions have been shot down by the global oil slump.

Pipe dreams: Kazakhstan's hopes of sports empire hit by oil crash
Photo © Turar Kazangapov
Kazakhstan's national companies face major restructuring

Kazakhstani national companies will soon be facing a major restructuring.

Kazakhstan's national companies face major restructuring
©Tengrinews
What are Samruk Kazyna board members paid?

Samruk Kazyna just released its financial statement for year 2014 along with wages and bonuses of its top managers.

What are Samruk Kazyna board members paid?
New Vice Minister of Investments and Development Rakhim Oshakbayev. Photo courtesy of strategy2050.kz
Rakhim Oshakbayev appointed new Vice Minister of Investments and Development

Rakhim Oshakbayev has been appointed Vice Minister of Investments and Development of Kazakhstan.

Rakhim Oshakbayev appointed new Vice Minister of Investments and Development
©Tengrinews
Samruk Kazyna transfers 10% of KazMunaiGas stock to National Bank

Samruk Kazyna has transfered 10% of KazMunaiGas stock to the National Bank of Kazakhstan.

Samruk Kazyna transfers 10% of KazMunaiGas stock to National Bank
New Kazakhstani low-cost airline presented

A new low-cost airline Qazaq Air has been presented in Kazakhstan's Astana.

New Kazakhstani low-cost airline presented
Photo © REUTERS
KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna

KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.

KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna
Renowned economist Nouriel Roubini speaks about Samruk Kazyna's transformation program

A world-renowned economist Nouriel Roubini has spoken about the transformation program of Kazakhstan’s Samruk Kazyna National Wealth Fund during the VIII Astana Economic Forum.

Renowned economist Nouriel Roubini speaks about Samruk Kazyna's transformation program
©Tengrinews
Samruk Kazyna may waive services of foreign experts

Chief Human Resources Officer at Sovereign Wealth Fund of Kazakhstan Samruk Kazyna says that the fund may reduce the number of its foreign experts in the near future.

Samruk Kazyna may waive services of foreign experts
Photo courtesy of siliconrus.com
Samruk-Kazyna mulls opening subsidiary in Silicon Valley

National Wealth Fund Samruk-Kazyna is planning to expand into the Silicon Valley and open a subsidiary company Samruk Innovation

Samruk-Kazyna mulls opening subsidiary in Silicon Valley
Umirzak Shukeyev. ©Turar Kazangapov
We do not pay foreigners for nothing: Samruk Kazyna CEO

CEO of Samruk Kazyna National Wealth Fund Umirzak Shukeyev has spoken about the wages of the foreigners employed at the Fund.

We do not pay foreigners for nothing: Samruk Kazyna CEO
©Tengrinews illustration
Samruk-Kazyna limits forex transactions of its subsidiaries

Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.

Samruk-Kazyna limits forex transactions of its subsidiaries
©Tengrinews illustration
Nazarbayev urges state companies to support tenge

President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.

Nazarbayev urges state companies to support tenge
Photo courtesy of wikipedia.org.
New airline Air Kazakhstan renamed to Kazakh Air

A new Kazakh airline Air Kazakhstan that is due to start making domestic flights in Kazakhstan this year has been renamed to Kazakh Air.

New airline Air Kazakhstan renamed to Kazakh Air
©Turar Kazangapov
Samruk-Kazyna cuts spendings by $1.83 bln in 2015

Samruk-Kazyna is cutting spendings and investments in 2015 amid the deteriorating economic situation.

Samruk-Kazyna cuts spendings by $1.83 bln in 2015
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
New 1000 tenge bill. Photo © the Central Bank
Central Bank of Kazakhstan issues new 1000 bill

The Central Bank of Kazakhstan has issued a new 1000 tenge bill.

Central Bank of Kazakhstan issues new 1000 bill
©Tengrinews
Businesses in Kazakhstan reluctant to enter long-term contracts amid falling oil prices

CEO of Samruk Kazyna Contract Serikbek Yelshibekov said that Kazakh businessmen were becoming reluctant to enter long-term contracts with Samruk Kazyna subsidiaries due to the unstable situation at the oil market.

Businesses in Kazakhstan reluctant to enter long-term contracts amid falling oil prices
Sk.kz
Kazakhstan suspends power supplies to Russia over rouble depreciation

Kazakhstan is looking for alternative markets for its coal as Russia is seeking to replace Kazakhstan’s coal with coal mined at Russia’s Kuzbass.

Kazakhstan suspends power supplies to Russia over rouble depreciation
©Turar Kazangapov
Samruk Kazyna total assets should reach $200bln: Nazarbayev

President Nursultan Nazarbayev said that tranformation of Samruk Kazyna National Welfare Fund had to involve doubling of its total assets.

Samruk Kazyna total assets should reach $200bln: Nazarbayev