News and analysis from Kazakhstan - Mar 18th 2010
Archive for September 27th, 2008
ANALYSIS: Turbulence ahead for Kazakh carrier Air Astana
(bne) - The jet-set lifestyles of Kazakhstan’s newly rich helped Air Astana achieve record growth in 2007. Since then, rising fuel costs and global economic uncertainty have caused the Kazakh carrier to cut its profit forecast for this year and forced it to adopt a more cautious expansion strategy.
KazTransOil not leaving Georgia, according to Interfax
(SRI) - KazTransOil, Kazakhstan’s national pipeline operator, has not abandoned its plans to invest in the Batumi port and oil terminal, the company claims.
Farah Growth Fund officially established
(SRI) - Kazakhstan has established a closed-end investment fund that will focus on investments in companies active in sectors such as energy, oil and gas, finances and insurance, field development, commercial real estate, and others in Kazakhstan and other CIS states.
© 2008 Silk Road Intelligencer. 
