In spite of experts’ and officials’ opinion the situation at the bank market of Kazakhstan has not changed for the better by results of the years and even got worse judging by some parameters. At the same time the stagnation in credit activity of the major domestic second tier banks still does not infuse any hope for growth of real economy in 2013.  

In spite of experts’ and officials’ opinion the situation at the bank market of Kazakhstan has not changed for the better by results of the years and even got worse judging by some parameters. At the same time the stagnation in credit activity of the major domestic second tier banks still does not infuse any hope for growth of real economy in 2013.  

Using regulatory mechanisms the government of Kazakhstan plans to facilitate the promotion of national coal to external market and stimulation of scrap ferrous and non-ferrous metal supplies to domestic market. 

On the eve of the People’s IPO performance the Government of Kazakhstan assigned KazTransOil with the status of a national operator at the main oil pipelines. Moreover, the government approved new higher tariffs for the oil transportation services. Taking into account the company’s plans to bring the internal tariffs up to the export level it makes the company quite attractive for investors.  

In 2012 for the seventh Altyn Sapa (Golden Eagle) Awards was held in our country to award the best companies with a premium of the President of the Republic of Kazakhstan. For the time of its existence the Golden Eagle Awards became the national quality and reliability standard. All domestic companies can participate to get the award however only the best will win. 

In 2011, the total revenues of 100 major domestic companies increased for 30% and achieved KZT 19.98 billion, which makes 72% of the total gross domestic product of Kazakhstan. These figures were represented at the fourth annual research work of Expert-100-Kazakhstan, and the final results of it were declared at the economic forum with the same name conducted in Astana on the 7th November.  

The Seventh Eurasian Energy Forum KAZENERGY, which took place in early October in Astana, was dedicated to an important and polemical theme – building a sustainable energy future. In the framework of it, leading experts from 60 countries discussed the challenges the global energy community had faced, and assessed the contribution that Kazakhstan could provide in solving these issues. 

Kazakhstan Oil and Gas Exhibition and Conference, along with the Eurasian Energy Forum, became a key event of the autumn oil & gas week. It has been twenty years now since the time this dialogue platform began successfully operating with its mission – stirring up the interest of the global oil & gas market participants, international organizations, and financial institutions to the domestic petroleum industry. 

In 2012, Kazakhstan made an outstanding leap in the WEF global competitiveness rankings, coming close to the top 50 countries. However, the inclusion of Kazakhstan in the group of countries that are in transition to innovative development, as well as the continuing imbalance for some indexes of our competitiveness, makes moving up further a big challenge. 

Monitoring agency Media System regularly conducts investigations of information activities of oil companies operating in Kazakhstan. This review introduces for the attention of readers the ratings for three time periods – July 2010, July 2011 and July 2012. The data presented demonstrate the dynamics of information activity, as well as changes in the key topics and information events reflected on the pages of Kazakhstan’s mass media. 

On 9 January 2012, the President of Kazakhstan signed the Law “On Gas and Gas Supply”, which has no analogue in the legislation of the Republic of Kazakhstan, since earlier this sector was governed by the subsoil laws and a range of governmental resolutions.In this Article, we would like to inform on the important legal changes, which may affect activities of companies working in the gas industry. 

Erkebulan Iliyasov, Chairman of the Board of Alageum Electric JSC, answers questions from a Kazakhstan magazine.  

Ozgur Gunaydin, General Director of the Borusan Makina Kazakhstan LLP FE 

Chagala Group pleased to introduce “Saraishyk” residential complex – a new project of three-and four-room apartments, setting a new standard for residential accommodation on the Western Kazahstanreal estate market.  

Chairman of Kazakhtelecom JSC Kuanyshbek Yessekeyev answers our questions. 

Felix Vulis, ENRC CEO, updates us on how this fits into ENRC’s strategy. 

Iteca, the international exhibitions company, is the organiser of the Astana Mining and Metallurgy congress. Yuri Borodikhin, Iteca’s General Director, told us a little about the event. 

Murat Munbayev, Co-Ñhair, Olga Lonovenko, Deputy Co-Chair of the FIC Operations Working Group from the foreign side 

Zhanna Tamenova, Co-Chair of the FIC Taxation Working Group from the foreign side 

Erlan Dosymbekov, Co-Ñhair of the FIC Investment Image Enhancement Working Group from foreign side 

The Ust-Kamenogorsk titanium and magnesium plant (UKTMP) can be called by right the proud of the mining and metallurgy sector of independent Kazakhstan.