site.news_by_theme Samruk Kazyna

A quartet of state-of-the art, government-built stadia rise out of former marshland in energy-rich Kazakhstan's futuristic capital Astana, but the Central Asian state's soaring sporting ambitions have been shot down by the global oil slump.

Kazakhstani national companies will soon be facing a major restructuring.

Samruk Kazyna just released its financial statement for year 2014 along with wages and bonuses of its top managers.

Rakhim Oshakbayev has been appointed Vice Minister of Investments and Development of Kazakhstan.

Samruk Kazyna has transfered 10% of KazMunaiGas stock to the National Bank of Kazakhstan.

A new low-cost airline Qazaq Air has been presented in Kazakhstan's Astana.

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.

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.

Chief Human Resources Officer at Sovereign Wealth Fund of Kazakhstan Samruk Kazyna says that the fund may reduce the number of its foreign experts in the near future.

National Wealth Fund Samruk-Kazyna is planning to expand into the Silicon Valley and open a subsidiary company Samruk Innovation

CEO of Samruk Kazyna National Wealth Fund Umirzak Shukeyev has spoken about the wages of the foreigners employed at the Fund.

Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.

President of Kazakhstan Nursultan Nazarbayev has urged Kazakhstan's state companies to sell dollars and buy the tenge.

A new Kazakh airline Air Kazakhstan that is due to start making domestic flights in Kazakhstan this year has been renamed to Kazakh Air.

Samruk-Kazyna is cutting spendings and investments in 2015 amid the deteriorating economic situation.

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

The Central Bank of Kazakhstan has issued a new 1000 tenge bill.

CEO of Samruk Kazyna Contract Serikbek Yelshibekov said that Kazakh businessmen were becoming reluctant to enter long-term contracts with Samruk Kazyna subsidiaries due to the unstable situation at the oil market.

Kazakhstan is looking for alternative markets for its coal as Russia is seeking to replace Kazakhstan’s coal with coal mined at Russia’s Kuzbass.

President Nursultan Nazarbayev said that tranformation of Samruk Kazyna National Welfare Fund had to involve doubling of its total assets.
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