Moscow / Bloomberg Major oil-producing nations, seeking to curb a flood of supply that’s cut prices almost in half in the past year, agreed to wrap up talks on capping output by the start of March, according to Russia’s Energy Ministry. “We agreed that all consultations should be completed by March 1,” Energy Minister Alexander Novak told state TV on …

Dubai / Emirates Business As it prepares to participate in the Gulfood 2016, UNIKAI Foods, one of the largest FMCG companies in the UAE, has reported a net profit of AED 13.5 million for 2015. UNIKAI is now looking to expand its operations following the remarkable competiveness in areas like quality, packaging, distribution, customer service, corporate governance, risk mitigation, talent …

Ritika Sharma Emirates Business Considering ever-increasing rush of travellers between India’s commercial capital Mumbai and Dubai, Jet Airways, which works in alliance with UAE’s national carrier Etihad Airways, has announced increased frequency of flights between the two cities from March 1. Jet Airways is also starting one new flight from Indian capital New Delhi, making the Mumbai-Dubai and Delhi-Dubai sectors …