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Central Asia

UAE Investment fund deals with Kazakhstan

The International Petroleum Investment Company (IPIC) signed an agreement with Kazakhstan to set up a $1 billion investment fund.

Leonid Kashirsky: Boeing 737 not wrecked during flight

According to the preliminary data the deadly Boeing 737, which crashed near Bishkek on August 24 was not wrecked during the flight, Leonid Kashirsky, head of the plane crash investigation commission of the International Air Service Committee said at the news conference.

Big energy buyers court Turkmenistan

When Turkmenistan's president took power at the death of the authoritarian ruler Saparmurat Niyazov nearly two years ago, he vowed to liberalize the economy and encourage outsiders to invest in the country's vast natural gas potential.

EBRD supports expansion of pharmaceuticals producer Jurabek

The EBRD is supporting the expansion of the leading privately-owned Uzbek pharmaceutical company Jurabek Laboratories with a US$3.65 million financing package.

Uzbekistan will probably sell gas to Kyrgyzstan at the European price – US$305

Uzbekistan will probably sell gas to Kyrgyzstan at the European price.

US$ 259.110 billion of budget revenues expected in 2009: Kazakh Economy Minister

Kazakh Economy and Budget Planning Minister Bakhyt Sultanov told about the main parameters of the republican budget during the presentation of the draft law “O republican budget for 2009-2011” in the Majilis of the Kazakh Parliament on September 11.

Uzbekistan to participate in International Canton trade fair in China

Uzbekistan will participate in International Canton trade fair in Guangzhou city.

Sevkabel plans to enter Turkmenistan’s market

ZAO Sevkabel will make every effort to ensure that new houses of Turkmenistan have got cable produced by Sevkabel Holding, the Russian company said in a press release.

USA supports Turkmen energy policy

Turkmen President has received Boyden Gray, US Special Envoy on Eurasian Energy Policy, and Stephen Mann, US State Department Coordinator on Eurasian Energy Diplomacy, who arrived in Ashgabat, September 8.

Kazakh tax policy oriented to economic modernization- Kazakh PM

“Kazakhstan creates competitive, export oriented branches and productions. It develops favorable business environment and at the same time effectively uses state investments.

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