ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.
ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.
ALMATY Kazakhstan's second-biggest lender by assets, Tsesnabank , has received additional short-term funding from the central bank and plans to raise longer-term financing by selling over 250 billion tenge ($686 million) in domestic bonds next month, its chief executive told Reuters.
LONDON/MOSCOW/ALMATY, Sept 17 The government of Kazakhstan has invited international investment banks to pitch for roles in listing the state oil company KazMunayGaz (KMG) in London, five sources familiar with the matter said.
ALMATY, Aug 29 Two Kazakh banks, including the central Asian nation's No.2 lender by assets, have posted sharp drops in liquid assets in the second quarter, an analysis of official data showed, though the central bank said they were meeting regulatory requirements.
ALMATY Thousands of mourners packed into a sports hall to remember Kazakh figure skater Denis Ten on Saturday, two days after he was stabbed to death in the street in Almaty.
BEIJING/ALMATY The deal by Kazakh state energy firm KazMunayGaz to sell 51 percent of its Romanian business to Chinese energy giant CEFC has fallen apart, three sources familiar with the talks told Reuters.
ASTANA Kazakhstan's new foreign investment hub the Astana International Financial Centre (AIFC) has asked the government for exclusive rights to public offerings of some of the country's most prized assets due to be sold later this year.
AKSU, Kazakhstan On the surface, the Kazakh town of Aksu looks like a Communist stereotype. Its metals factory is the biggest in the world and for generations it has provided residents with employment, healthcare, education and leisure.
ASTANA Kazakhstan's sovereign wealth fund has offered Royal Dutch Shell the chance to buy a significant minority stake in national oil company KazMunayGaz (KMG) to make its planned flotation more attractive to foreign investors, two sources familiar with the talks told Reuters.
Amid international uproar over the killing of journalist Jamal Khashoggi, some members of Saudi Arabia's ruling family are agitating to prevent Crown Prince Mohammed bin Salman from becoming king, three sources close to the royal court said.