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.
Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country's oil majors to freeze production.
Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.
Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.
Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
Turkish Internet servers are suffering a powerful cyber attack from abroad, slowing banking services and fanning fears.
Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates face regional divisions, but will struggle to find common ground.
Kazakhstani national companies will soon be facing a major restructuring.
Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
The project is likely to be regarded as ad addition to the current economic growth model that has been recently shaped: S&P’s Associate Director Karen Vartapetov.
Kazakhstan is to construct its fourth oil refinery in cooperation with Iran and China.
OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.
Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.
10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.
Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production
After declining for months to announce her position on a major Canada-to-US oil pipeline, Democratic presidential hopeful Hillary Clinton said Tuesday that she is opposed to the controversial project.
General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.
- Saudi Arabia
- Middle East & Africa
- Eurasian union
- United States
- National Bank
- Central Bank
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- Islamic State
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- Middle East
- Kazakhstan Temir Zholy
- Samruk Kazyna
- Standard & Poor's
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- Nursultan Nazarbayev