News about Kazakhstan
New Vice-Minister of Industry and New Technologies appointed in Kazakhstan
Yerlan Sagadiyev has been appointed the new Vice-Minister of Industry and New Technologies of Kazakhstan.
12 February 2014
Kazakhstani sentenced to life imprisonment in US facing retrial
Kazakhstan national Asel Abdygapparova convicted for life in prison in the US is awaiting retrial and possible reduction of jail sentence.
12 February 2014
Kazakhstan’s Central Bank Governor calls commoners to count their blessings
I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.
12 February 2014
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20%
Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.
12 February 2014
Fugitive banker Ablyazov eyeing political asylum in France
Fugitive ex-chairman of Kazakhstan-based BTA Bank Mukhtar Ablyazov intends to request a political asylum in France.
12 February 2014
Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother
Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.
12 February 2014
Pipe blowout, hot water gushing in Almaty, five injured
A pipe burst in Almaty and a huge amount of hot water was gushing out into the pavement releasing clouds of steam.
12 February 2014
Tenge meltdown disrupts e-Gov and online shopping in Kazakhstan
Today's devaluation of tenge in Kazakhstan has affected the work of the e-government website eGov.kz.
11 February 2014
Mayor of Almaty orders to keep prices down
The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.
11 February 2014
Dollar explodes in Kazakhstan: 200 tenge per dollar
Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.
11 February 2014
Labor Minister of Kazakhstan comments on Abu Dhabi Plaza strike
Kazakhstan Labor Minister Tamara Duisenova has commented on yesterday's strike of the workers constructing Abu Dhabi Plaza skyscraper in Astana.
11 February 2014
Ex Secretary of State Marat Tazhin appointed Ambassador to Russia
The outgoing Ambassador Galym Orazbekov has been appointed Head of the State Agency for Fair Competition.
11 February 2014
Golovkin named Best Boxer of January by WBA
The WBA middleweight champion Gennady “GGG” Golovkin has been named the Best Boxer of January by the Rating Committee of the World Boxing Association.
11 February 2014
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
11 February 2014
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor
The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
11 February 2014
I only learned about tenge devaluation last night: Central Bank Governor
There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.
11 February 2014
Preliminary cause of fire at Almaty flea market unveiled
The Emergency Situations Ministry of Kazakhstan has named the preliminary cause of the massive fire at the Almaty flea market.
11 February 2014
9 years for corruption of minors: Uralsk case
British national Peter Baruch, 38, charged with production of child pornography was detained for three days after the Prosecutors lodged an appeal.
11 February 2014
Currency devaluation in Kazakhstan
The new exchange rate is expected at 185 tenge for 1USD (up from 155 tenge for 1 USD).
11 February 2014
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