Archive for July 22nd, 2008

Kazakhstan News Roundup - July 22, 2008

energy:

Kazakhstan, UAE to launch a $1 billion energy fund
(SRI) - Abu Dhabi government-owned International Petroleum Investment Company (IPIC) and Kazakhstan have agreed to launch a $1 billion fund to invest in energy and other sectors.

Middle East logistics major GAC finding success early in Kazakhstan (American Shipper)

mineral resources:

ShalkiyaZinc names Yelena Svoik finance director of sole operating unit
(Thomson Financial) - Kazakhstan-based zinc and lead mining company ShalkiyaZinc N.V. said it has named Yelena Svoik as finance director of LLP ShalkiyaZinc Ltd., its sole operating unit.

business and economy:

Kazakh bank Alliance seeks ally for future growth
(bne) - Twelve months after the credit crisis hit Kazakhstan, Alliance Bank’s management team believe the worst is over.

Kazakhstan: Macroeconomic situation
(The FINANCIAL) - In the first half of 2008, Kazakhstan’s economy was still on course for moderate growth. Consumer demand was supported by accommodative fiscal and monetary policies.

ATF Bank sold its stake in Tajik Sokhibkorbank (SRI)

BTA Bank assets up 11 percent in H1 (SRI)

Kazakhstan government took measures on formation of stabilization grain funds and provision of agricultural producers with diesel oil (Kazakhstan Today)

Fund of disstressed assets to be created in Kazakhstan (Kazakhstan Today)

Registration and transportation of cargoes procedure through Kazakhstan border to be simplified (Kazakhstan Today)

Kazakhstan President met chairmen of largest construction companies (Kazakhstan Today)

National Bank of Kazakhstan: Exchange rates July 22, 2008 (Kazinform)

Indicators - July 21, 2008 (Reuters)

politics:

Moratorium on SCO expansion unlikely to be lifted in near future (Interfax)

UAE ties with Kazakhstan deepen (The National)

society:

Kazakhstan: Astana anniversary (Global Voices)

Researchers say Caspian seals are at risk of extinction (Interfax)

regional news:

Georgia sees potential for new pipelines
(New Europe) - Georgian Energy Minister Alexander Khetaguri said that Tbilisi is looking not only at the Baku-Tbilisi, Baku-Tbilisi-Erzurum, and Baku-Supsa pipelines, but also new projects to transit much-need hydrocarbons to western markets.

Kazakhstan Regional News Roundup - July 22, 2008

Georgia sees potential for new pipelines
(New Europe) - Georgian Energy Minister Alexander Khetaguri said that Tbilisi is looking not only at the Baku-Tbilisi, Baku-Tbilisi-Erzurum, and Baku-Supsa pipelines, but also new projects to transit much-need hydrocarbons to western markets.

Kazakhstan Society Roundup - July 22, 2008

Kazakhstan: Astana anniversary (Global Voices)

Researchers say Caspian seals are at risk of extinction (Interfax)

Kazakhstan Politics Roundup - July 22, 2008

Moratorium on SCO expansion unlikely to be lifted in near future (Interfax)

UAE ties with Kazakhstan deepen (The National)

Kazakhstan Mineral Resources Roundup - July 22, 2008

ShalkiyaZinc names Yelena Svoik finance director of sole operating unit
(Thomson Financial) - Kazakhstan-based zinc and lead mining company ShalkiyaZinc N.V. said it has named Yelena Svoik as finance director of LLP ShalkiyaZinc Ltd., its sole operating unit.

Kazakhstan Energy Roundup - July 22, 2008

Kazakhstan, UAE to launch a $1 billion energy fund (SRI)

Middle East logistics major GAC finding success early in Kazakhstan (American Shipper)

Kazakh bank Alliance seeks ally for future growth

(bne) - Twelve months after the credit crisis hit Kazakhstan, Alliance Bank’s management team believe the worst is over. The bank has already met two-thirds of its repayment obligations for 2008, and is now looking for a strategic investor to give it a competitive edge going forward.

(more…)

Kazakhstan Business and Economy Roundup - July 22, 2008

Kazakhstan: Macroeconomic situation
(The FINANCIAL) - In the first half of 2008, Kazakhstan’s economy was still on course for moderate growth. Consumer demand was supported by accommodative fiscal and monetary policies.

Kazakh bank Alliance seeks ally for future growth (bne)

ATF Bank sold its stake in Tajik Sokhibkorbank (SRI)

BTA Bank assets up 11 percent in H1 (SRI)

Kazakhstan government took measures on formation of stabilization grain funds and provision of agricultural producers with diesel oil (Kazakhstan Today)

Fund of disstressed assets to be created in Kazakhstan (Kazakhstan Today)

Registration and transportation of cargoes procedure through Kazakhstan border to be simplified (Kazakhstan Today)

Kazakhstan President met chairmen of largest construction companies (Kazakhstan Today)

National Bank of Kazakhstan: Exchange rates July 22, 2008 (Kazinform)

Indicators - July 21, 2008 (Reuters)

Kazakhstan, UAE to launch a $1 billion energy fund

(SRI) - Abu Dhabi government-owned International Petroleum Investment Company (IPIC) and Kazakhstan have agreed to launch a $1 billion fund to invest in energy and other sectors, the company said on Monday.

(more…)

ATF Bank sold its stake in Tajik Sokhibkorbank

ATF Bank, Kazakhstan’s fifth largest bank, has sold its stake in Tajikistan’s Sokhibkorbank, the bank announced on Saturday.

ATF Bank held a 75.1% in Tajik Sokhibkorbank.


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