Samruk-Kazyna to sell KazKom stake for $433million
The National Welfare Fund Samruk-Kazyna plans to raise $433 million by selling its stake in Kazkommertsbank.
80 Samruk-Kazyna companies may be privatized in 2014
Around 80 companies that are part of Kazakhstan's Samruk-Kazyna Sovereign Wealth Fund might be privatized in 2014.
New CEO for BTA Bank appointed
Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.
Kenes Rakishev, new chairman of BTA Bank Board of Directors
Kazakhstan businessman Kenes Rakishev has become the new chairman of Kazakhstan-based BTA Bank's Board of Directors.
Kazakhstan to announce bidding contests for geological exploration at 8-9 oil blocks this year
Last year after a moratorium on geological exploration was lifted Kazakhstan held bidding contests for geological exploration at 3 oil blocks.
New Samruk Kazyna Directors Board approved
The Kazakhstan government has approved the new Board of Directors of the National Welfare Fund Samruk-Kazyna.
$800 million to be invested into second-tier banks by Baiterek Holding
Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.
KazMunaiGas to complete feasibility study to construct 4th oil refinery
Given the overhaul of the current 3 oil refineries, a new oil refinery may be needed only after 2025: Samruk-Kazyna Sovereign Wealth Fund Managing Director.
KazKom bank and billionaire Kenes Rakishev eyeing BTA Bank
Kazakhstan-based Kazkommertsbank and businessman Kenes Rakishev might purchase BTA Bank.
Temirbank appoints new CEO
The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.
Billionaire Utemuratov buys two Kazakhstan banks
Kazakh billionaire Bulat Utemuratov has finalized the deal to purchase Alliance Bank and Temirbank from Samruk-Kazyna Sovereign Wealth Fund.
Temirbank and Alliance Bank sales: decision to be reached this year
The decision on sale of Temirbank and Alliance Bank will be finalized by the end of the year.
Halyk Bank renounces buying government’s stake in BTA
Samruk-Kazyna made Halyk Bank an offer to purchase its stake in BTA March 27, 2013.
Samruk-Kazyna plans to lay-off thousands of administrative personnel
Samruk-Kazyna keeps on its effort to optimize the structure of its administrative pool of employees.
New Kazakh-Korean Balkhash TPP to burn Ekibastuz coal
Kazakhstan is getting year another coal fueled power plant, a South Korean-owned one this time.
Kazakhstan negotiating gas supplies with Russia
Kazakhstan is negotiating gas supplies to Astana with Russia.
Samruk-Kazyna halves capacity of Kartaly-Astana gas pipeline
The number of users along the pipeline and regional networks are not large enough to consume this gas. That's why we had to slash the project from 6 to 3 billion cubic meters of gas: Bishimbayev.
Yelena Bakhmutova elected chairman of KazPochta
Deputy chairman of Samruk-Kazyna National Welfare Fund Yelena Bakhmutova was elected chairman of the board of KazPochta.
Samruk-Kazyna mulls cooperating with British companies
Samruk-Kazyna National Welfare Fund’s group of companies has signed memorandums of cooperation with British businessmen.