Dubai / Emirates Business Gulfood 2016 is gearing up to provide some Italian tastes too. Eyeing the growing appetite for the UAE’s F&B market share — an estimated AED43 billion (US$11.7 million) industry — an organization from the country — Associazione Formaggi Italiani DOP e IGP — has grabbed a pavilion at the event. The Association of Italian PDO Cheeses, ...

Bloomberg The search for a grand bargain among oil producers shifted to the Iranian capital on Wednesday as Venezuela and Qatar energy ministers initiated talks with Iran and Iraq to try to expand an agreement to freeze crude production to shore up prices. The spotlight that fixed on Tuesday on Doha, Qatar — where Saudi Arabia and Russia tentatively promised ...

Bloomberg A unit of China Petrochemical Corp., the country’s second biggest oil and gas producer known as Sinopec Group, will shut four oil fields in the eastern province of Shandong for the first time in its more than half a century history. Sinopec Shengli Oilfield Co. will shut the Xiaoying, Yihezhuang, Taoerhe and Qiaozhuang fields to save as much as ...