Reasons for postponement of the People’s IPO ProgramAccording to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
Halyk Bank top manager on purchase of BTAPurchase of BTA by Halyk Bank and sales of Halyk Bank’s pension fund [to the Government] should be separate deals: Halyk Bank Chairman of the Board Alexander Pavlov.
Minister supports Kok-Zhailyau ski resortEcosystem and Kazakhstan economy in general will benefit from Kok-Zhailyau ski resort in Almaty if it is approached correctly: Minister.
Uzbekistan, Kazakhstan call for UN review of disputed dams The presidents of Uzbekistan and Kazakhstan called for the United Nations to review the potential impact of two disputed hydroelectric dams proposed by their regional rivals Tajikistan and Kyrgyzstan.