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Almaty

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

  • 24 firms join Dubai International Chamber’s Kazakh mission

    Dubai, UAE -- A total of 24 companies headquartered in Dubai, representing 16 economic sectors, have attended a business forum in Astana, Kazakhstan, under the Dubai International Chambers' New Horizons Mission to Central Asia.Kazakhstan is the second destination in the Mission to Central Asia. The event brought Dubai-based companies to...

  • Kazakhstan threatens to ban ArcelorMittal after worker death

    ALMATY, KAZAKHSTAN - Kazakhstan threatened Thursday to ban global steel giant ArcelorMittal from operating in the Central Asian country after another fatal accident at a factory belonging to the Luxemburg-based company. Kazakhstan's infrastructure and industry minister Kairbek Uskenbayev said "tough decisions" were being made against the company, after a worker...

  • Kazakhstan eyes energy takeovers after blackouts, ‘mismanagement’

    ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the latest blackout there left thousands without electricity in freezing temperatures. The vast ex-Soviet country is a net exporter of energy, but high gas prices this year fueled historic and bloody...

  • Kazakhstan impounds jewels worth US$230m from ex-leader’s nephew

    Almaty, Kazakhstan—Kazakhstan's anti-corruption agency said Wednesday it had seized jewels worth more than $230 million, in a case involving the nephew of ex-leader Nursultan Nazarbayev. "As a result of operational-search activities, exclusive gems and precious stones worth 230 million US dollars" were seized, the agency said in a statement. The agency...