Kazakhstan's domestic debt up $2.5 billion in one day
Kazakhstan's debt on government securities has grown by $2.5 billion in just one day.
Summit of Islamic Financial Services Council to be held in Kazakhstan next year
Governor of the National Bank of Kazakhstan has declared that the summit of the Council for Islamic Financial Services will be held in Almaty in 2015. He also spoke about the future of Islamic finance in Kazakhstan.
Shymkent Oil Refinery to receive additional $400 million for modernization
Additional money will be allocated to modernize the Shymkent Oil Refinery on southern Kazakhstan. This will help increase the production capacity of the refinery and make it more environmentally friendly.
Dropping oil prices cast a shadow of unprofitability over Kashagan
The falling oil prices put the entire Kashagan project in question. Kashagan is a huge oil field located in Kazakhstan's sector of the Caspian Sea.
Oil production may steadily decline in Kazakhstan over the next decade: KazMunaiGas Vice Chairman
KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.
Communists in Kazakhstan slam decision to abandon construction of oil refinery
The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.
Nazarbayev addresses Council of Leaders of CIS Security and Special Services
President Nursultan Nazarbayev has met with the participants of the 37th meeting of the Council of Leaders of CIS Security and Special Services.
Democracy cannot be imposed: Kazakh Senate Speaker Tokayev
Senate Speaker Kassym-Jomart Tokayev has expressed his view that democratization is a dynamic process, and therefore democracy cannot be artificially accelerated or imposed.
Promising Kazakh startups to be presented in Singapore
Five Kazakh startups have been chosen to participate in an ICT startup accelerator program in Singapore.
Progress seen in Kazakhstan-EU extradition settlements: Deputy Prosecutor General of Kazakhstan
First Deputy Prosecutor General of Kazakhstan Iogan Merkel has declared that Kazakhstan was moving forward in the realm of extradition to and from Europe.
Kazakhstan introduces arrest for misdemeanors with no detention homes in place
Kazakhstan has changed its legislature to huminize the justice system by differentiating between crimincal misdemeanor and criminal offence. The first is supposed to be punished by arrest but there are no detention homes in Kazakhstan. Even more, the courts will gain the right to order arrest for misdemeanors only starting January 1, 2017. That is, two years from now.
Kazakhstan's Zhambyl Oblast to double agricultural production by 2020
Zhambyl Oblast in southern Kazakhstan plans a massive increase in its agricultural production, the Governor of the Oblast said.
Kashechkin needs €15 million for second Kazakh cycling team
Andrey Kashechkin wants to create one more cycling team to race for Kazakhstan. He needs sponsors though.
Russia cannot limit food transit from EU to Kazakhstan: Vice Minister of National Economy
Russia may try to impose limitations on food transit from the European Union to Kazakhstan to prevent re-export of goods to Russia.
Tire processing plant opens in Uralsk
A plant processing discarded tires has opened in Kazakhstan's Uralsk.
Sliding Ruble hurts Kazakhstan's exports to Russia
The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.
Kazakhstan welcomes elections in Ukraine
The Ministry of Foreign Affairs of Kazakhstan has declared that Kazakhstan respects the choice of the people of Ukraine.
Deloitte, PwC, KPMG have captured Kazakh market: MP
Kazakh MP Vladislav Kosarev has declared that something needs to be done about the foreign audit companies that have captured the Kazakh market.
OECD recommends confiscation for all corruption offences in Kazakhstan
The OECD has issued several new recommendations to Kazakhstan in its fight against corruption.
Government debt in Kazakhstan exceeds pre-devaluation mark
Latest data provided by Kazakhstan Stock Exchange suggests that the government debt in Kazakhstan now exceeds its pre-devaluation level.