ABU DHABI / WAM The UAE Ministry of Economy has said that the value of the country’s non-oil foreign trade reached AED1.75 trillion (US$476.4 billion) in 2015, a growth of up to 10 percent from 2014, according to its report. The figures in the first half of 2015 are positive indicators for the UAE’s foreign trade, including direct trade. In …

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 …