Economy

rompetrolKMGI Deputy Director General Azamat Zhangulov talks to New Europe in an interview about his company’s investment in the Balkans region

sorosMove over George Soros, Kazakhstan is claiming the title as the most prescient speculator in the pound.

david cameron nursultan nazarbayevHaving prioritised economics over politics, Kazakhstan is well placed to weather the financial difficulties currently afflicting the Eurasia region

azerbaijanoilThe “biggest leak of confidential files in the history of the oil industry” exposed Unaoil’s slippery backroom machinations.

karachaganakKazakhstan and global oil majors developing the Karachaganak gas condensate field aim to "peacefully resolve" their dispute over a production sharing agreement, Kazakhstan's Energy Ministry said on Thursday.

oilindThe American engineering and construction firm KBR hired Unaoil -- an obscure Monaco-based company now involved in a massive international bribery scandal -- to help it win oil and gas contracts in Kazakhstan. KBR, which until 2007 was part of the oilfield services giant Halliburton, paid Unaoil millions of dollars from 2004 until at least 2009, according to thousands of internal documents obtained by The Huffington Post.

yellowcakesShort but ominous note from the world’s largest uranium-producing nation this week. Suggesting that some unpleasant surprises could be coming for the mining sector here.

ribbonIn the city of Kostanay in northern Kazakhstan, the ribbon of St George, a black-and-orange symbol of resurgent Russian patriotism that was adopted by separatists in Ukraine, hangs from every second car's rear-view mirror.

Khorgos GatewayIn the far east of Kazakhstan, right on the Chinese border, in a place that is ringed by mountains and flanked by deserts, a massive new epicenter of trade is rising up from an empty expanse of parched dunes.

astanavKazakhstan is at a political and economic crossroads. The country saw impressive growth from 2000 to 2015 due to high oil prices, but it failed to diversify the economy away from extracting and exporting raw materials. The country’s post-Soviet trajectory has been dominated by one political figure, President Nursultan Nazarbayev, but the government is only now trying to put into place institutional building blocks that could help safeguard stability for the post-Nazarbayev era.


 

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