RIYADH: Pre-arrival clearance accounted for 33 percent of all customs transactions in Abu Dhabi for the first quarter of the year – up from 23 percent in the same period of 2022. The General Administration of Abu Dhabi Customs announced the figures, which also showed that at airports 45 percent of the clearances were pre-arrival, with 31 percent at land ports and 9 percent at
<p><i>IPO Saw Strong Investor Demand With The Offering 22 Times Oversubscribed<sup>1</sup>, Demonstrating The Attractiveness Of The Group’s Offering.</i></p>
<p> </p>
<ul>
<li><i>The listing marks DFM’s first public offering of 2023, following five IPOs from leading government-related and private companies in 2022.</i></li>
<li><i>This IPO attracted a high demand from both qualified institutional investors and UAE retail investors with total gross demand surpassing AED 12.7 billion.</i></li>
<li><i>750 million shares were sold and final share price is set at AED1.03, implying market capitalization of AED7.7 billion at listing.</i></li>
<li><i>The UAE Retail Offer was 44 times oversubscribed even after increasing the number of shares on offer in this