Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

AD ports’ digital customs transactions increase by 37% in H1

Abu Dhabi Customs also recorded a growth of 6% in customs declaration during the first six months of 2023. (WAM)
  • AD Customs reported a 20 percent growth in customs clearance request in free zones areas.
  • It also recorded a growth of 6 percent in customs declaration during the first six months of 2023.

Abu Dhabi, UAE — The General Administration of Abu Dhabi Customs recorded a year-on-year growth of 37 percent in digital customs transactions through the border crossings of Abu Dhabi during the first half of 2023.

It achieved a growth rate of 35.8 percent in clearance of goods transactions, and 20 percent growth in customs clearance request in free zones areas.

Abu Dhabi Customs also recorded a growth of 6 percent in customs declaration during the first six months of the current year, while pre-arrival clearance transactions accounted for 38 percent of total customs clearance transactions at all customs centers across the emirate.

Pre-arrival customs clearance, which accounted for 57 percent of exit declarations and 22 percent of entry declarations during the first half of the current year, represented a qualitative addition, especially with the launch of a digital clearance feature for non-residents and unregistered companies from outside the UAE within the framework of the “Abu Dhabi Programme for Effortless Customer Experience”.

The General Administration of Abu Dhabi Customs emphasized that the growth rates during the first half of 2023 reflect the country’s overall economic growth, especially in Abu Dhabi, across all sectors.