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The stake in N block cost KazMunaiGas $32 million, Tengrinews.kz reports citing Kazakhstan Oil and Gas Minister Sauat Mynbayev as saying at the briefing in Kazakhstan President’s Central Communications Service.

Samsung Electronics chairman Lee Kun-Hee won a court ruling Friday against demands from his siblings to hand over billions of dollars in shares in various Samsung Group companies, AFP reports.

Ministry of Health Iraq reaffirms country’s commitment to development of pharmaceutical sector. More than 26 percent of healthcare budget allocated for pharma.

China’s Sinopec Engineering has promised to provide jobs to a 1000 Kazakh workmen laid off at the North Caspian project, Kazakhstan’s Megapolis newspaper reports. The workmen will be hired to modernize the Atyrau-based oil refinery.