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DMCC attracts 3,049 new businesses to Dubai in 2022

  Dubai / WAM DMCC – the world’s flagship free zone and government of Dubai Authority on commodities trade and enterprise – has announced that it achieved its best-ever year for new member company registrations, attracting 3,049 new businesses to Dubai in 2022. An increase of 23% year-on-year, breaks the previous record set in 2021 when DMCC registered 2,485 new ...

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Southwest crisis shines light on clubby world of airline leaders

Bloomberg The operational chaos that engulfed Southwest Airlines Co. over the busy holiday period was a crisis decades in the making. In the aftermath of a meltdown that led to 16,700 flight cancellations and may cost the airline more than $800 million, blame has fallen on an outmoded crew scheduling system and an unusual point-to-point route network. Southwest was overwhelmed ...

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Lidl sees busiest ever day in UK last month

Bloomberg Lidl had its busiest ever day in the UK in 28 years on December 23, 2022 as cash-strapped British consumers turned to the German discounter for cheaper groceries. The bumper sales day helped swell Lidl’s sales by 25% in the four weeks to Christmas with more than 1.3 million extra customers shopping at the supermarket chain. The discounter gained ...

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