Al Ansari Financial Services PJSC

Ticker/ISIN

ALANSARI

AEE01198A238

Market/Country

Dubai Financial Market

United Arab Emirates

About Al Ansari Financial Services PJSC

Al Ansari Financial Services PJSC (the “Group”) is one of the leading integrated financial services groups in the United Arab Emirates with a history dating back to its establishment as a family business in 1966. On 31 March 2023, the Company was established in its current form, as a public joint stock company.

The Group's global platform provides cross-border payments, foreign exchange solutions, access to the Wage Protection System in the United Arab Emirates and other services such as bill collection and pre-paid cards as well as payment technology solutions to consumers and businesses in the large and growing payments and foreign exchange and remittance market in the United Arab Emirates. The Group delivers its products and services through a comprehensive global network underpinned by its proprietary technology.

Company's Activities are detailed in AOA and Listing Prospectus.

Latest Pressrelease Summaries from Al Ansari Financial Services PJSC

Al Ansari Financial Services and Halan have formed a strategic partnership to offer innovative financial services in the UAE, targeting underbanked and unbanked populations. The collaboration introduces Salary Advance and Send Now, Pay Later (SNPL) services, aimed at providing Al Ansari's customers with enhanced financial flexibility and convenience. Salary Advance allows individuals to access a portion of their wages before payday, reducing reliance on high-interest credit. The partnership leverages Al Ansari's financial expertise and Halan's fintech platform to deliver secure and accessible solutions tailored to the needs of the UAE workforce. The SNPL service enables customers to send money instantly and repay in installments, further supporting financial inclusion and empowerment.

Disclosure: Press release

för 11 dagar sedan

Al Ansari Financial Services has announced its financial results for the full year 2023, as well as its earnings for the nine months and third quarter of 2024.

Disclosure: Press release regarding financial results for the third QTR of 2024

för 2 månader sedan

Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the nine-month period ending on September 30, 2024. This report covers the financial performance and activities of the company during the third quarter of 2024.

Disclosure: Financial statements for the 3rd QTR of 2024

för 2 månader sedan

Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE, has partnered with MEX Global Financial Services LLC, part of the MultiBank Group, to streamline customer payments. This partnership allows customers to make deposits and withdrawals from their trading accounts at any Al Ansari Exchange branch in the UAE. The collaboration aims to enhance customer experience by providing a convenient and efficient way to manage financial transactions, complying with local regulations. With over 260 branches, Al Ansari Exchange offers MultiBank Group clients near-instant deposit and withdrawal services. The partnership emphasizes both companies' commitment to customer-centric innovation and secure financial solutions. MultiBank Group, established in 2005 and serving over 1 million clients globally, is known for its advanced trading solutions and strong regulatory compliance. For more information, visit Al Ansari Exchange's website.

Disclosure: Press release

för 2 månader sedan

Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE, has partnered with the Embassy of the Islamic Republic of Pakistan in Abu Dhabi to open a new Consular Hall. This facility features a modern queue management system and aims to improve the visitor experience. The collaboration highlights Al Ansari Exchange's commitment to supporting the Pakistani community in the UAE and fostering strong ties between the UAE and Pakistan. The initiative is part of the company's corporate social responsibility efforts to promote safe remittance practices. CEO Rashed A. Al Ansari expressed gratitude for the collaboration and emphasized the company's dedication to contributing positively to the communities it serves.

Disclosure: Press release

för 2 månader sedan

Al Ansari Financial Services PJSC has announced an interim cash dividend for the first half of 2024, amounting to AED 157,500,000 or 2.10 Fils per share. The important dates for this dividend are as follows: the last date of entitlement is September 26, 2024, the ex-dividend date is September 27, 2024, the registry close date is September 30, 2024, and the dividend distribution date is October 16, 2024. This decision aligns with the company's dividend policy and was authorized by shareholders at the General Assembly Meeting on March 19, 2024. Chairman Mohammad Ali Al Ansari stated that the dividend reflects the company's strong financial performance and commitment to shareholder value.

Disclosure: Press release

för 4 månader sedan

Al Ansari Financial Services has announced its financial results for the full year 2023 and released its earnings for the first half of 2024.

Disclosure: Press release

för 5 månader sedan

Al Ansari Financial Services PJSC and its subsidiaries have released their review report and condensed interim consolidated financial statements for the six-month period ending on June 30, 2024, covering the second quarter of 2024.

Disclosure: Financial statements for the 2n QTR of 2024

för 5 månader sedan

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DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Earnings Call

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: BOD Meeting

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Results of BOD meeting

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Postponing BOD meeting date

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: BOD meeting

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Press Release

Al Ansari Digital Pay, a subsidiary of Al Ansari Financial Services, has gained initial approval from the Central Bank of the UAE to launch a digital wallet. The wallet, which is part of the government's 'cashless society' initiative, is set to be introduced in Q2 2024. It aims to provide a secure and user-friendly platform for digital transactions. The wallet will allow peer-to-peer transfers, salary reception, domestic and international money remittance, bill settlement, and access to other digital services. The Group CEO of Al Ansari Financial Services, Rashed A. Al Ansari, stated that the digital wallet will greatly benefit their consumer base of over 4 million customers.

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Press release regarding financial results for the 3rd QTR of 2023

The press release announces the financial results for Q3 2023, which covers the period of nine months ending in November 2023.

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Financial statements for the 3rd QTR of 2023

The document provided is a third quarter review report and condensed interim consolidated financial statements for Al Ansari Financial Services PJSC and its subsidiaries. The report covers the nine-month period ending on 30th September 2023.

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Result of BOD Meeting

1. Attached Document

DFM News

News Update From Al Ansari Financial Services PJSC för ett år sedan

Disclosure: Press Release

Al Ansari Financial Services has announced the opening of its 250th branch in Dubai through its subsidiary, Al Ansari Exchange, which is the largest outward personal remittance and foreign exchange company in the UAE. The opening of these new branches in 2023 is part of the group's expansion strategy to increase its presence throughout the UAE and improve client access to its services. The group aims to expand its network to 300 locations within the next two years, pending regulatory approvals. The new branches cover six of the seven emirates in the UAE, demonstrating the group's commitment to serving customers on a wider scale.

1. Attached Document

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