Kazakhstan's Kazmunaigas and Uzbekistan's Uzbekneftegas appear in the Top 50 for the first time.
Economy
The European Bank for Reconstruction and Development (EBRD) encouraged Kazakhstan to continue its efforts to diversify its economy and stop relying on commodity prices as an engine for economic growth, visiting EBRD executive said.
For the moment, at least, global investors seem to be taking Dubai's sinking fortunes in their stride
Kazakhstan still did not launch grain terminal at the border with the People's Republic of China, and Kazakhstan faces some problems with grain shipment to China.
Kazakhstan's banking sector has been shored up by government cash, but this isn't sustainable in the long run. Until new sources of funding can be tapped, the sector is in for a period of stagnation, a new report from Renaissance Capital says.
Russia and Kazakhstan have concluded agreements on oil transit and the parallel operation of the two countries' power grids, according to media reports. The deals were signed November 20 by Russian Energy Minister Sergei Shmatko and his Kazakh counterpart Sauat Mynbayev.
Temirbank, Kazakhstan's tenth largest bank, has defaulted on its debt and became the fourth Kazakh lender to seek restructuring this year, the bank said in a statement on Monday.
- Kazakh Bank Risk Waning, Economy Troughed, UBS Says
- U.S. firms want to invest in Turkmen gas fields
- Kazakh banking sector reaches bottom; BTA and Alliance restructuring to impact further growth
- Kazakh tenge ready to appreciate - Marchenko
- Russia torpedoes Kazakhstan's uranium sector, Kazatomprom ex-head

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