The Ad hoc Committee of the International Centre for Settlement of Investment Disputes (ICSID) has denied the appeal of Netherlands-based company KT Asia Investment Group BV that demanded $1.5 billion in compensation from Kazakhstan for allegedly nationalising the company's minority share in BTA Bank.
Earlier a Senator said that Western oil majors operating in Kazakhstan were willing to supply crude to be processed for domestic consumption at global prices.
The WMMAA Pro Asia Division Battle of Nomads-2 has been victorious for Kazahstani MMA fighters. On November 30, the International MMA Tournament kicked off in Almaty.
Kazakh officials have responded to the remakrs of the chairman of the board of directors of Russia’s National Payment Council, who said that the EEU could see a ban on interstate transactions in dollars and euros.
The agreement on construction of the Kazakhstan-Turkmenistan-Iran railway link was signed by the three leaders back in 2007, the actual construction works commenced in 2009.
Owing to the railway link towards the Persian Gulf, the trade turnover this year has grown by 38%. It is an unprecedented growth: President Nazarbayev.
According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.
Kazakhstani figure skater Denis Ten has taken the third place at the 2014 Trophée Éric Bompard, the fifth event of the 2014–15 ISU Grand Prix of Figure Skating.
1st December is the Day of the First President in Kazakhstan. Today, President of Kazakhstan Nursultan Nazarbayev spoke about the larger meaning of this day for the entire nation.