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Weakest return for Norway sovereign wealth fund since 2011

The world's biggest sovereign wealth fund, Norway's public pension fund, posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery.

Weakest return for Norway sovereign wealth fund since 2011
Photo © Akorda press office
Nazarbayev instructs government to cut back expenses

Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.

Nazarbayev instructs government to cut back expenses
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
 Minister of Economic Integration of Kazakhstan Zhanar Aitzhanova. Photo © primeministr.kz
Kazakhstan allocates additional €1 million for Chernobyl Shelter Fund

Kazakhstan will allocate €1 million for the construction of the New Safe Confinement (NSC) intended to contain the nuclear reactor at Chernobyl, Ukraine.

Kazakhstan allocates additional €1 million for Chernobyl Shelter Fund
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
Prosecutor General's Office. Photo courtesy of bnews.kz
Victims relief fund to be created in Kazakhstan

A specialized relief fund for victims will be opened in Kazakhstan.

Victims relief fund to be created in Kazakhstan
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
©Tengrinews
Nazarbayev speaks of Samruk Kazyna transformation

President of Kazakhstan stressed the importance of transforming the country's welfare fund.

Nazarbayev speaks of Samruk Kazyna transformation
Malaysian airlines Boeing-777. Tengrinews.kz file photo
State fund to take over crisis-hit Malaysia Airlines

Malaysia Airlines will be taken over by a state investment fund under plans.

State fund to take over crisis-hit Malaysia Airlines
Tengrinews.kz file photo
Russia may stop financing Baikonur in 2016

Russian Finance Ministry might stop financing Baikonur cosmodrome in 2016.

Russia may stop financing Baikonur in 2016
© Turar Kazangapov
Kazakhstan and South Korea to establish 'technology for resources' cooperation

Nursultan Nazarbayev declared that Kazakhstan and South Korea agreed to create a joint investment fund and transfer Korean technologies to Kazakhstan.

Kazakhstan and South Korea to establish 'technology for resources' cooperation
©REUTERS
Kazakh banks misusing National Fund money to be fined

Chairman of Damu Fund Lyazzat Ibragimova said that banks would face penalties in case they misuse the National Fund's resources.

Kazakh banks misusing National Fund money to be fined
$800 million to be invested into second-tier banks by Baiterek Holding
$800 million to be invested into second-tier banks by Baiterek Holding

Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.

$800 million to be invested into second-tier banks by Baiterek Holding
©Dmitry Khegai
Kazakhstan to establish green economy investment fund

An investment fund for development of the green economy will be established in Kazakhstan.

Kazakhstan to establish green economy investment fund
New HQ but little cash for UN climate fund
New HQ but little cash for UN climate fund

The UN's new Green Climate Fund (GCF)opened its headquarters in South Korea on Wednesday, facing the key challenge of funding its mission to support low carbon projects around the world.

New HQ but little cash for UN climate fund
©Reuters/Pascal Rossignol
Aqua-Spark fund dives into fish farming future

Investment fund Aqua-Spark is setting course to make money while promoting healthier oceans and feeding the world.

Aqua-Spark fund dives into fish farming future
Canada threatens to pull Commonwealth funding
Canada threatens to pull Commonwealth funding

Canada's Prime Minister Stephen Harper has threatened to withdraw funding for the Commonwealth in an escalating row over rights abuses by Sri Lanka ahead of a summit next month.

Canada threatens to pull Commonwealth funding
Emir Baigazin (L) at the Locarno Film Festival
Berlinale funds new project of Kazakhstan director Emir Baigazin

The Wounded Angel, a new project of Kazakhstan's film director Emir Baigazin has been selected for production and distribution funding by the international Berlinale Residency fellowship program.

Berlinale funds new project of Kazakhstan director Emir Baigazin
Kazakhstan Finance Minister Bolat Zhamishev. ©pm.kz
Kazakhstan National Fund to publish expenses

Reports on expenditures of the National Fund of Kazakhstan are to be published on the Internet to ensure transparency of the money use.

Kazakhstan National Fund to publish expenses

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