Archive for October 2nd, 2008
BP set to leave Kazakhstan
(SRI) - BP is in the progress of leaving Kazakhstan and and looks to sell its stakes in the country’s oil industry, according to Energy Intelligence.
Kazakhstan Daily News Roundup - October 2, 2008
ENERGY:
Victoria Oil & Gas wins Kazakhstan battle
(Reuters) - Victoria Oil & Gas Plc shares rose 12 percent on Wednesday after it said it had won court decisions in Britain and Canada relating to a rival claim to its Kemerkol licence in Kazakhstan.
MINERAL RESOURCES:
ArcelorMittal Kazakh unit sees lower 2008 output
(Reuters) - The Kazakh unit of steel giant ArcelorMittal expects its 2008 output to fall by more than 30 percent due to shrinking global demand.
BUSINESS AND ECONOMY:
Kazyna fund carves out greater role in Kazakh, CIS economies
(bne) - The Kazyna Sustainable Development Fund, which announced September 9 it’s planning to turn into an independent investment fund by 2012, is at the heart of the government’s strategy for diversifying Kazakhstan’s economy.
Eurasian Bank repaid syndicated loan
(SRI) - Eurasian Bank, Kazakhstan’s 10th largest bank, announced the repayment of a USD 51.5 million syndicated loan.
Czech investment group acquires small Kazakh bank
(SRI) - The co-owner of the Czech PPF Group Jiri Smejc acquired a 90.01 percent stake in Kazakhstan’s Almaty International Bank (MBA), the bank said in a statement on Tuesday.
September inflation at 0.6 percent (SRI)
Kazakh Transport and Communications Minister meets his Iranian colleague (Kazinform)
Majilis approved ratification of Kazakhstan-IBRD loan agreement (Kazinform)
National Bank of Kazakhstan: Exchange rates October 2, 2008 (Kazinform)
Indicators - October 1, 2008 (Reuters)
POLITICS:
Lobbyists and Fred Starr team up to promote Kazakhstan (Harper’s)
Rice says Kazakhstan reliable U.S.partner in Central Asia (Kazinform)
Kazakhstan Politics Roundup - October 2, 2008
Lobbyists and Fred Starr team up to promote Kazakhstan (Harper’s)
Rice says Kazakhstan reliable U.S.partner in Central Asia (Kazinform)
Kazakhstan Politics Roundup - October 2, 2008
Kazyna fund carves out greater role in Kazakh, CIS economies
(bne) - The Kazyna Sustainable Development Fund, which announced September 9 it’s planning to turn into an independent investment fund by 2012, is at the heart of the government’s strategy for diversifying Kazakhstan’s economy.
Eurasian Bank repaid syndicated loan
(SRI) - Eurasian Bank, Kazakhstan’s 10th largest bank, announced the repayment of a USD 51.5 million syndicated loan.
Czech investment group acquires small Kazakh bank
(SRI) - The co-owner of the Czech PPF Group Jiri Smejc acquired a 90.01 percent stake in Kazakhstan’s Almaty International Bank (MBA), the bank said in a statement on Tuesday.
September inflation at 0.6 percent (SRI)
Kazakh Transport and Communications Minister meets his Iranian colleague (Kazinform)
Majilis approved ratification of Kazakhstan-IBRD loan agreement (Kazinform)
National Bank of Kazakhstan: Exchange rates October 2, 2008 (Kazinform)
Indicators - October 1, 2008 (Reuters)
Kazakhstan Mineral Resources Roundup - October 2, 2008
ArcelorMittal Kazakh unit sees lower 2008 output
(Reuters) - The Kazakh unit of steel giant ArcelorMittal expects its 2008 output to fall by more than 30 percent due to shrinking global demand.
Kazakhstan Energy Roundup - October 2, 2008
Victoria Oil & Gas wins Kazakhstan battle
(Reuters) - Victoria Oil & Gas Plc shares rose 12 percent on Wednesday after it said it had won court decisions in Britain and Canada relating to a rival claim to its Kemerkol licence in Kazakhstan.
ANALYSIS: Kazyna fund carves out greater role in Kazakh, CIS economies
(bne) - The Kazyna Sustainable Development Fund, which announced September 9 it’s planning to turn into an independent investment fund by 2012, is at the heart of the government’s strategy for diversifying Kazakhstan’s economy.
Eurasian Bank repaid syndicated loan
(SRI) - Eurasian Bank, Kazakhstan’s 10th largest bank, announced the repayment of a USD 51.5 million syndicated loan, Interfax reported.
Czech investment group acquires small Kazakh bank
(SRI) - The co-owner of the Czech PPF Group Jiri Smejc acquired a 90.01 percent stake in Kazakhstan’s Almaty International Bank (MBA), the bank said in a statement on Tuesday.
September inflation at 0.6 percent
(SRI) - The inflation in September 2008 was 0.6 percent and 8.1 percent since January, the Kazakh statistics agency reported on Wednesday.
