Samruk-Kazyna National Wealth Fund finalized sale of its shares in two Kazakhstan banks, Temirbank and Alliance Bank, to Bulat Utemuratov.
The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.
President of Kazakhstan tennis Federation Bulat Utemiratov stated that he had no plans for any sports except tennis.
Billionaire Bulat Utemuratov is one of the potential investors of Inter football club.
The cost of Alliance Bank and Temirbank may range from $500 million to $1 billion.
Ritz-Carlton hotel close to the Red Square and the Kremlin was bought by Kazakhstan businessman Bulat Utemuratov.