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Ablyazov versus BTA; how crumbs fly, how banks die

27 Jan 2012

Ablyazov versus BTA; how crumbs fly, how banks dieWhile shadows for the embattled bank BTA back in Kazakhstan seem to keep growing longer, its former major shareholder and president Mukhtar Ablyazov remains entrenched in London’s plush ambiance and with a pretty good change to have to exchange it for a brick ambiance soon if the UK court of law stops dragging its feet on a verdict which is already a fortnight overdue.

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Japan highly appreciates Kazakhstan’s efforts as a leader in the world dialogue on implementation of Nuclear-Free World initiative, Foreign Minister

27 Jan 2012

Japan highly appreciates Kazakhstan's efforts as a leader in the world dialogue on implementation of Nuclear-Free World initiative, Foreign MinisterThe Japanese-Kazakh relations in the economic sphere are rapidly developing in recent years. Kazakhstan ranks first among the countries of Central Asia in the volume of trade and the amount of the Japanese investments, that gives reason to confirm Kazakhstan is a very important partner of Japan in this region, Minister of Foreign Affairs of Japan Kōichirō Gemba has told in an interview with Kazinform.

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Workdays of Kazakh President - in the country’s annals

27 Jan 2012

Workdays of Kazakh President - in the country's annalsA multivolume edition “The First President of the Republic of Kazakhstan Nursultan Nazarbayev. Chronicle of the activity” has been published, prepared by a creative group headed by head of the President’s Chancellery, Doctor of Political Science, Professor Makhmud Kassymbekov.

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New Eurasian Development Bank managing director appointed

27 Jan 2012

New Eurasian Development Bank managing director appointedSergey Kostrikov was appointed managing director of the Eurasian Development Bank (EDB) for business-planning, the EDB press-service said on Wednesday.

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Kazakhstan determined to conclude a new partnership agreement with European Union - foreign ministry

27 Jan 2012

Kazakhstan determined to conclude a new partnership agreement with European Union - foreign ministryMinister of Foreign Affairs of Kazakhstan Yerzhan Kazykhanov met with EU Special Representative for Central Asia Pierre Morel in Astana on Wednesday.

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Jupiter Energy confident after oil find, eyes capital raise

27 Jan 2012

Jupiter Energy confident after oil find, eyes capital raiseKazakhstan-focused oil explorer Jupiter Energy said its latest exploration well struck oil, raising hopes that the company’s oil field is substantial enough to enable it to soon start exporting oil from the Central Asian country.

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Copper miner Kazakhmys enjoying strong demand

27 Jan 2012

Copper miner Kazakhmys enjoying strong demandKazakhstan-based copper miner Kazakhmys met all of its major production targets in 2011, and expects to maintain similar levels of copper output in 2012.

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BTA pursues debt restructuring after vote defeat

27 Jan 2012

BTA pursues debt restructuring after vote defeatKazakh bank BTA will try to persuade creditors to accept a second debt restructuring even after shareholders voted against the proposal at a meeting on Thursday, the bank said.

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Kazakhstanis gave preference to the party that performs a crucial mobilization function - Kairat Mami

26 Jan 2012

Kazakhstanis gave preference to the party that performs a crucial mobilization function - Kairat MamiFollowing the results of the elections to the Majilis, a multi-party Parliament was formed in Kazakhstan. As President Nursultan Nazarbayev outlined in his speeches, it became an important step toward modernization of the political system of Kazakhstan.

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