TCA
ASTANA (TCA) — Kazakhstan’s Halyk Bank on June 7 said it has entered into an agreement with China CITIC Bank Corporation Limited and China Shuangwei Investment Co., Ltd. for the sale of 60% of the share capital in JSC Altyn Bank, a wholly owned subsidiary of Halyk Bank.
TCA
ASHGABAT (TCA) — Turkmenistan President Gurbanguly Berdymukhammedov has ordered the government to outline ways to abolish utilities benefits that have provided households with free electricity, natural gas, and water for a quarter-century, RFE/RL’s Turkmen Service reported.
TCA
ALMATY (TCA) — A court in Kazakhstan has sentenced fugitive tycoon and opposition figure Mukhtar Ablyazov to 20 years in prison after an in-absentia trial Ablyazov called “a farce”, RFE/RL’s Kazakh Service reported.
TCA
TASHKENT (TCA) — The Central Bank of Uzbekistan has received a delegation of the European Investment Bank (EIB) to discuss prospects and investment potential of Uzbekistan’s cooperation with the EU bank, including the allocation of credit lines to Uzbek commercial banks for financing projects of small business and entrepreneurship, the Jahon information agency reported.
TCA
ASTANA (TCA) — Chinese President Xi Jinping and Kazakhstan President Nursultan Nazarbayev hope cooperation between the two countries will help rejuvenate the ancient Silk Road. They expressed so in inscriptions in a picture album on the two countries’ scenery and cooperation under China-proposed Silk Road Economic Belt and Kazakhstan’s Bright Road new economic plan, Xinhua reports.
TCA
ASTANA (TCA) — For the effective development of Kazakhstan’s special economic zones, professional management companies will be attracted, Deputy Minister of Investment and Development Yerlan Khairov told a briefing on June 6, the official website of the Prime Minister of Kazakhstan reported.
