Middle East Economic Survey
VOL. LIV
No 10
7-Mar-2011
CASPIAN
Nazarbayev To Offer KMG EP Shares To Kazakh Nationals
In an attempt to secure his smooth re-election in the early presidential elections scheduled for 3 April, Kazakhstans President Nursultan Nazarbayev has announced an unprecedented initial public offering (IPO) of equity in the countrys state-owned companies. Mr Nazarbayev has said that the goal of the IPOs, which will start with KazMunaiGaz (KMG), is to give hundreds of...
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