Kazakhstan's sovereign wealth fund said it will favor oil contractors that hire local businesses as international producers gear up to spend an estimated $75 billion on developing the country's oil and gas resources.
Kazakh-Israeli billionaire's involvement in orgy scandal which has Turkish media atwitter believed deeper than originally thought, as new information suggests he was arrested during raid, released on bail. Some in World Jewish Congress say he should be fired if allegations prove true
Kazakhmys plc Chairman Vladimir Kim's decision to sell shares comprising 11% of the company to the Kazakh government underlines the unanswered questions raised by Global Witness earlier this year about who influences key decisions relating to this FTSE 100 mining company.
The Kazakh government is planning a power grab for Kazakhmys and ENRC, raising corporate governance concerns over its influence on the FTSE 100 mining companies.
Two exiled opposition activists from Turkmenistan have been barred from a human rights conference in Warsaw because their country objected to their presence, prompting criticism Tuesday from the United States, the European Union and Canada.
(SRI) - Kazakhmys Chairman Vladimir Kim sold an 11% stake in the company, nearly a third of his stake, to the Kazakh state-owned holding and investment company Samruk-Kazyna for about $1.3 billion, Kazakhmys said in a statement.
Kazakhstan's long-serving leaderhas announced his intention to stay at the helm of CentralAsia's largest economy for a third decade, erasing concernsabout the possibility of a destabilising succession struggle.
