Daily reviews

Vale to explore for Kazakhstan copper; Steppe Cement reports a US$3.9m net loss for 1H2010; Kazakhstan to raise flour exports in 2010; President visits metallurgical site of Kazzinc's new copper plant; Volume of trade of Kazakhstan and UAE to grow in 2010 up to $300 million

Uzbekistan Temir Yollari to increase charter capital by 169.853bn soums; Alliance-leasing to raise charter capital by 609.065m soums; Universal sug’urta to increase charter capital to 3.73bn soums; Credit Standard Bank to issue shares for 12.672bn soums; Union Cement Group launches cement plant in Yangiyul; ICT Summit to be held in Tashkent in late September; Gold Nears $1,250

PNB to acquire 64% stake in JSC Dana Bank, Kazakhstan; Tethys Petroleum up 3.5% on Kazakhstan operations update; Tau Capital buys stake in Kazakh pharma distributor; Pavlodar refinery net income rises in H1; Kazakh Ministry of Industry terminated 43 subsoil use contracts since January 2010; Kazakhstan to tighten banking controls; Medvedev to discuss customs union, nuclear issues in Kazakhstan

Russian company to modernize carbamide production in Uzbekistan; Ferghanaazot launches lines for production of baking soda; Central Bank of Uzbekistan recalls licenses of two credit unions; Uzbekistan adopts programme on development of poultry industry; Oil slips to near $74 as US jobless rate rises; Tashkent to host cooperation exchange on granite and natural stones; Syrdarya region records highest GRP growth in 1H; Navoi region leads on growth of retail trade turnover in 1H 2010

Vale to Explore for Kazakh Copper, Gold, According to Country's Ministry; Kazakhstan officially approves Uranium One swap deal with ARMZ; Halyk quadruples first-half net income; Kazkommertsbank net income up 3% in first half; Kazakhstan and UAE to cooperate in nuclear energy; President called upon banks to finance business; Economy of Kazakhstan grows

VimpelCom’s net operating revenue in Uzbekistan makes up US$51.4m in 2Q; China Southern Airlines opens flight from Beijing to Tashkent; Osiyo Trust’s assets exceed 21bn soums; Crude Oil Heads for Weekly Decline on Forecast for U.S. Jobless Increase; Uzbekistan’s banking sector develops rapidly

KazMunaiGas EP, BG To Jointly Explore White Bear Prospect; Uranium One sees ARMZ deal by yr-end after shareholder thumbs-up; Kazakhstan to double oil duty, metals may escape; CPC Revises Up September Crude Shipments 5% To 2.7 Million Tons; Kazakhstan Expects Economic Growth to Slow to 3.1% Next Year; Living wage in August - 14 581 KZT; President assigned Parliament to consider and pass Law on Migration

Asaka Bank’s leasing portfolio makes up 99bn soums; UNISTREAM and Agrobank completes integration project in Uzbekistan; NMZ to launch capacities on repairing BelAZ trucks; Uzbekistan starts to produce fluorescent lighting bulbs; Uzbekistan launches new textile capacities; Moody's changes outlook for Uzbekistan’s banking system to stable; Crude Oil Falls After U.S. Stockpiles Gain More Than Forecast

Plant on production of digital TV tuners opens in Navoi; ICAO group holds audit of aviation security; A series of industrial exhibitions in the autumn season; Strong future predicted for Uzbekistan’s credit unions

Net income of MTS Uzbekistan grows by 70.4% in 2Q 2010; Trustbank stockholders re-distributed 2009 net income; Forage crops as an instrument of effective land management; Uzbekistan, China to reconstruct regional pump stations; Volume of money transfers between Uzbekistan and Russia makes up US$689m in 2Q; Crude Oil May Rise After Failing to Drop Below Support Level, Survey Shows