15 commercial agreements worth $530.3 million are to be signed at the Kazakh-French business forum to be held in Astana, Kazakhstan’s capital city, December 5, 2014, Newskaz.ru reports, citing the country’s Ministry for Investments and...
“For the past 17 years of its activities in Kazakhstan CNPC has invested above USD 34 bln in the country. We gave employment to 34,000 of Kazakhstanis, trained 130,000 of Kazakh workers, including those 327 students sent abroad,” Lu...
Sir Tony Baldry, the Banbury MP busy backing plans to turn Bicester into a £100m garden city, also finds himself at the centre of a more sinister plot. Shareholders at Kazakhstan Kagazy, the Central Asian paper manufacturer chaired by Sir Tony,...
Kazakhstan’s Halyk Bank , the Central Asian nation’s second-largest lender by assets, posted a 63.8 percent rise in net income on a sharp reduction in bad debt. Halyk, the country’s most profitable bank, reported net profit of 92...
HSBC Bank Kazakhstan (Kazakh Subsidiary bank of HSBC international banking and financial group) was renamed to Altyn Bank, the bank said. Earlier HSBC Bank and Kazakh Halyk Bank entered into an agreement to sell 100 percent of the shares in the...
Governor of North Kazakhstan region Yerik Sultanov has met with representatives of the Australian company “ILUKA RESOURCES LTD”, which is engaged in the production of zirconium and titanium. The parties intend to develop cooperation in...
International Rating Agency Fitch Ratings has affirmed Kazakhstan Electricity Grid Operating Company’s (KEGOC) Long-term Issuer Default Rating (IDR) at ‘BBB+’, the agency reported on Nov. 25. The Outlook is Stable. Long-term local...