Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – July 26, 2011

Posted on July 25, 2011 by KazCham

HEADLINES:

Kulibayev would succeed Nazarbayev if needed – presidential advisor
(SRI) – Timur Kulibayev, the powerful son-in-law of Kazakhstan’s President Nursultan Nazarbayev, could succeed the aging leader, Nazarbayev’s confidant Yermukhamet Yertysbayev told a Russian newspaper.

Fast food on the steppe
(bne) – Americana Group has brought several fast food franchises – KFC, Pizza Hut and most recently Hardee’s – to the Kazakh market. But unlike Russia and the western part of the Commonwealth of Independent States, Kazakhstan has yet to see the arrival of McDonald’s and its big rival Burger King.

ENERGY:

Tethys shares start trading on LSE (SRI)

Fitch affirms Tengizchevroil notes, changes Outlook to Positive (SRI)

Kazakhstan’s Pavlodar refinery restarts after 30 days of repairs (Oil and Gas Eurasia)

BUSINESS AND ECONOMY:

Nurbank first-half income up 17-fold (SRI)

Kazakhstan’s grain harvest to reach 16-17 million tonnes in 2011 (SRI)

Kazakh Foreign Ministry denies notification of Ablyazov’s political shelter in the UK (Interfax)

Etihad Crystal Cargo announces new freighter operation to Almaty (LogisticsWeek)

Indicators – July 25, 2011 (Reuters)

METALS AND MINING:

Court hears ENRC bid to strike out $2-billion lawsuit (Reuters)

POLITICS AND SECURITY:

Kazakhstan objects to inclusion on “terror” list, but U.S. stands behind it (EurasiaNet)

SOURCE: http://silkroadintelligencer.com/2011/07/26/kazakhstan-daily-news-roundup-july-26-2011/

 

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