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©Turar Kazangapov
Nazarbayev says Kazakhstani companies should compete globally

The President of Kazakhstan said some Kazakhstani companies achieved high regional standards and needed to aim higher.

Nazarbayev says Kazakhstani companies should compete globally
©Tengrinews
Nazarbayev speaks of Samruk Kazyna transformation

President of Kazakhstan stressed the importance of transforming the country's welfare fund.

Nazarbayev speaks of Samruk Kazyna transformation
Turar Kazangapov ©
Nursultan Nazarbayev on People’s IPO

There should be clear rules set to make sure common people buy the shares, rather than large investors that have already made quite a fortune since Kazakhstan gained independence: President Nazarbayev.

Nursultan Nazarbayev on People’s IPO
Photo courtesy of kakprosto.ru
Kazakhstan to tramp on quasi-public sector

Vice-Minister of National Economy of Kazakhstan said the government was intending to reduce state involvement in the business sector.

Kazakhstan to tramp on quasi-public sector
© Yaroslav Radlovsky
Alliance Bank debt restructuring talks break stalemate

Alliance Bank of Kazakhstan has agreed the basic terms of restructuring of its $1.2 billion debt.

Alliance Bank debt restructuring talks break stalemate
©airastana.com
No People's IPO for Air Astana in near future: Samruk Kazyna

Air Astana has no immediate plans to float its shares in the People’s IPO in Kazakhstan.

No People's IPO for Air Astana in near future: Samruk Kazyna
© iStockPhoto
4 Kazakh companies to float in People's IPO

Four big Kazakhstani companies will offer their shares during the People's IPO.

4 Kazakh companies to float in People's IPO
Photo courtesy of Assemgul Khassenova
New Air Kazakhstan airplanes presented in Astana

Bombardier Aerospace has presented a Q400 NextGen airplane in Astana. Kazakhstan is planning to purchase several of those for its new airlines.

New Air Kazakhstan airplanes presented in Astana
Photo ©temirbank.kz
Samruk-Kazyna withdraws from Temirbank

Samruk-Kazyna Sovereign Wealth Fund has completely withdrawn from Temirbank.

Samruk-Kazyna withdraws from Temirbank
©Yaroslav Radlovsky
BTA files motion to dismiss fraud lawsuit in US

Kazakhstan’s BTA Bank filed a motion to dismiss the lawsuit filed by its creditors in the United States.

BTA files motion to dismiss fraud lawsuit in US
7 Kazakh companies' credit rating outlook downgraded by S&P

Standard & Poor’s has revised outlook of 7 Kazakhstan national companies from Stable to Negative.

7 Kazakh companies' credit rating outlook downgraded by S&P
© Turar Kazangapov
Samruk Kazyna to launch $26 bln worth of projects within 3 years

Kazakhstan's Samruk-Kazyna Wealth Fund is planning to commission dozens of projects totally worth $26 billion within the next 3 years.

Samruk Kazyna to launch $26 bln worth of projects within 3 years
The Chairman of the Board of JSC Samruk-Kazyna Umirzak Shukeyev © flickr.com
Remove state officials from Samruk-Kazyna Directors Board: Shukeyev

The Chairman of the Board of Samruk-Kazyna National Wealth Fund Umirzak Shukeyev called "to remove all the state officials from the Board of Directors" of Samruk Kazyna.

Remove state officials from Samruk-Kazyna Directors Board: Shukeyev
Businessman billionaire Bulat Utemuratov.©kursiv.kz
Bulat Utemuratov finalizes Temirbank and Alliance Bank purchase and talks about their future

Samruk-Kazyna National Wealth Fund finalized sale of its shares in two Kazakhstan banks, Temirbank and Alliance Bank, to Bulat Utemuratov.

Bulat Utemuratov finalizes Temirbank and Alliance Bank purchase and talks about their future
Businessman Kenes Rakishev ©wikipedia.org
Kenes Rakishev buys into Magnum Cash & Carry

Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.

Kenes Rakishev buys into Magnum Cash & Carry
Elena Bakhmutova. Photo ©Yaroslav Radlovskiy
KEGOC might float stock this December

KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.

KEGOC might float stock this December
©Danial Okasov
Karim Massimov appointed chairman of Samruk-Kazyna

Kazakhstan Prime-Minister Karim Massimov has become Chairman of the Board of Samruk-Kazyna Sovereign Wealth Fund.

Karim Massimov appointed chairman of Samruk-Kazyna
Samruk-Kazyna Head on forthcoming IPOs and privatization plans

According to him, plans are there to offer shares in 103 companies belonging to Samruk-Kazyna in 2014-2016.

Samruk-Kazyna Head on forthcoming IPOs and privatization plans
Bulat Utemuratov. Photo ©kursiv.kz
Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank

Kazakhstan businessman Bulat Utemuratov has received a permission from the Central bank to finalize his purchase of Alliance Bank and Temirbank.

Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank
Photo courtesy of vesti.kz
Kazakhmys sells 50% in Ekibastuz GRES-1 to Samruk-Energo

Kazakhmys PLC has finalized the sale of 50% in Ekibastuz GRES-1 to Samruk-Energo JSC for $1.25 billion.

Kazakhmys sells 50% in Ekibastuz GRES-1 to Samruk-Energo