A private equity fund from Kazakhstan has acquired a Ukrainian construction company to participate in reconstruction efforts. The Brickstone Private Equity Fund CEIC Ltd. (Kazakhstan) has purchased 100% of Watzenrode, a Ukrainian construction company founded in 2013 that has shown steady growth even during wartime. The new o... #ConstructionUkraine #investments #Kazakhstan #UkraineReconstruction #Watzenrode
Under sanctions pressure, the decline in Russian business activity is quickening, and the aggressor could lose one of its biggest oil buyers. In July, the business activity of Russian industrial companies dropped at the fastest rate in over two years – the PMI index from S&P Global fell to 47 from 47.5 in June. Despite significant milit... #DonaldTrump #India #Kazakhstan #RussianEconomy #RussianOil #SanctionsAgainstRussia #Turkey
Saudi Arabia threatens to collapse oil prices to $50, which will hit Russia’s profits. Saudi Arabia will collapse oil prices to $50 per barrel if OPEC+ member countries continue to violate production limits, the country’s oil minister, Abdelaziz bin Salman, warned during a confere... #Iraq #Kazakhstan #Oilmining #OilPrices #OPEC #RussianOil #SaudiArabia
Oil prices are not static due to disruptions in supply from Kazakhstan and Libya. Oil prices rose slightly on Monday (January 10th) amidst supply disruptions from Kazakhstan and Libya, as well as fears of a rapid global increase in Covid-Omicron infections. Oil prices rose by 5% la... #GrudeOilPrices #Kazakhstan #OilfromKazakhstan
Ukrainians urged to refrain from traveling to Kazakhstan. Citizens of Ukraine were urged to refrain from traveling to Kazakhstan due to the protests that engulfed the country. “In connection with the introduction of the state of emergency in Almaty cit... #BanonTraveling #Kazakhstan