Via Arabian Business, an interesting look at the wave of Middle Eastern investment targeting Kazakhstan. Up for grabs is the vast and untapped commodity wealth of a country the size of Western Europe, with all the wheat, copper and uranium that Gulf states need. As the article notes: “…The head of investment banking at Renaissance […]
Read more »As reported by The Silk Road Intelligencer, Gazprom Neft – a subsidiary of Russian natural gas monopoly Gazprom – had initiated talks to acquire a 49 percent stake in Mangistaumunaigas (MMG), a Kazakh oil company, according to Russian media. As the article notes: “…The deal is a part of Gazprom Neft’s strategy to expand overseas […]
Read more »Â As we have discussed many times previously, the existing pipeline architecture of Central Asia represents the regional imperialism of Cold War Russia, despite Turkmen and Kazakh flirtations with new Trans-Caspian pipeline projects to Azerbaijan to circumvent the Russian control over exports to Western Europe. A recent article by Robert M. Cutler of Carleton University in […]
Read more »As reported by New Eurasia.net, a new Silk Road seems to be in the offing. The article notes: “…[World Bank President] Bob Zoellick used his three-day trip to Kazakhstan to announce a $2.5 billion infrastructure project together with Prime Minister Massimov. A trade corridor linking China and Europe by road has long been in the […]
Read more »A recent report by Business News Europe examines the growth of the Kazakhstan Stock Exchange (KASE) – the most developed in Central Asia – and the uphill struggle it now faces over Kazakhstan’s highly attractive pipeline of IPOs due to intense competition from foreign exchanges. As the article notes: “…Kazakhstan’s largest companies typically choose to […]
Read more »An interesting article in Smart Money (subscription required for online version), discussing The Next Frontier. As the article notes: “…finding investing opportunities sheltered from the fits and starts of the global economy requires going off the grid. Way off, in fact. Countries like Nigeria, Kazakhstan and Qatar are developing tradable markets, prompting adventurous investors to […]
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