Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – August 26, 2010

Posted on August 26, 2010 by KazCham

HEADLINES:

Karachaganak stake sale talks to conclude in weeks – Eni
(SRI) – Karachaganak Petroleum Operating (KPO), the Eni- and BG-led consortium of oil companies developing the Karachaganak field, is currently in talks with Kazakhstan to finalize the sale of a stake in the project, Eni CEO Paolo Scaroni said on Wednesday.

Samruk-Kazyna files claim against BTA over loans
(SRI) – Samruk-Kazyna, Kazakhstan’s state-owned holding and investment company, filed a claim in a Kazakh court against BTA Bank and “some of its creditors” over $300 million in transactions, BTA said on Wednesday.

U.S. judge rejects BTA Bank’s bid to stop lawsuit (SRI)

BUSINESS AND ECONOMY:

Samruk-Kazyna files claim against BTA over loans (SRI)

STX Group to build two icebreakers for Kazakh company (SRI)

Moody’s affirms Halyk Bank’s Ba2/D- ratings (Moody’s)

Former Ministry of Trade official named new head of Kazakhstan Investment Fund (SRI)

Living in fear in London: the exiled Kazakh banker accused of $2 billion fraud (Evening Standard)

Kazakhstan’s GDP to grow 5% in 2010 – Economic Development Ministry (Interfax)

Kazakhstan to supply feed grains to Tatarstan (Interfax)

Air Astana reports strong performance during first half 2010 (eTravel Blackboard)

SOCIETY:

Kazakh circus owner leaves lion in van overnight (SRI)

SOURCE: http://silkroadintelligencer.com/2010/08/26/kazakhstan-daily-news-roundup-august-26-2010/

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