Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – November 16, 2010

Posted on November 16, 2010 by KazCham

HEADLINES:

KazakhGold may sell production assets to former shareholders
(SRI) – KazakhGold Group, a Kazakhstan-focused mining company controlled by Russian gold producer Polyus Gold, said Friday it may sell its operating arm to the company’s former shareholders, the Assaubayev family.

US, Kazakhstan sign deal to ease flights to Afghanistan
(AFP) – “The agreement enhances a United States-Kazakhstan arrangement, under which the United States began transit flights to Afghanistan across Kazakhstan’s airspace in 2001,” it said in a statement.

Kazakhstan Kagazy restructures Alliance Bank loan
(SRI) – Kazakhstan Kagazy, a Central Asia-focused paper producer listed on the London Stock Exchange (LSE), has reached an agreement with Alliance Bank to restructure a $29.3-million loan, the company said on Monday.

ENERGY:

Trans-Caspian KCTS project depends on Kashagan development – Azerbaijan (New Europe)

BMB Munai rallies 10% on production increase at Karimen-1 well in Kazakhstan (Proactive Investors)

Uranium One posts narrower Q3 loss (Reuters)

Kazakhstan and China to build hydropower dam on the Horos river before 2014 (Interfax)

BUSINESS AND ECONOMY:

Kazakh central bank seeks fixed-income manager for $100 million of assets (Bloomberg)

Kazakhstan Jan-Sept trade surplus surges to $24.9 billion (Reuters)

National Bank of Kazakhstan: Exchange rates Novembver 16-17, 2010 (Kazakhstan Today)

Indicators – November 15, 2010 (Reuters)

POLITICS:

Over 60 countries to take part in OSCE summit in Astana (Interfax)

How to vote in Kazakhstan 101 (EurasiaNet)

SOCIETY:

Jailed Kazakh activist files complaint with UN (AP)

Eyes on Kazakhstan’s art (TheNational)

OPINION:

How can the EU respond to Kazakhstan’s starry ambition? (EurActiv)

REGIONAL:

Azerbaijan wrestles with Islam in rough region (Reuters)

Newly empowered Kyrgyz parliament in first session (AP)

SOURCE: http://silkroadintelligencer.com/2010/11/16/kazakhstan-daily-news-roundup-november-16-2010/

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