Al Ansari Financial Services PJSC

Logotype for Al Ansari Financial Services PJSC
Ticker/ISIN
ALANSARI
AEE01198A238
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
1.00 AED
2024-09-27

Year to date

-0.06 %

3 months

-0.02 %

6 months

-0.05 %

1 year

-0.16 %

3 years

0.00 %

5 years

0.00 %

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

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.
Al Ansari Financial Services has announced its financial results for the full year 2023 and released its earnings for the first half of 2024.
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.
Al Ansari Financial Services PJSC (AAFS) has signed an agreement to acquire BFC Group Holdings W.L.L. (BFCGH) for USD 200 million. This acquisition aims to expand AAFS's geographic presence and service portfolio, making it the leading provider of foreign exchange and remittance services in the Gulf Region. The combined entity will have over 410 branches across the UAE, Bahrain, Kuwait, and India, with a workforce of approximately 6,000 employees. The consolidated revenues for FY23 are projected to be around USD 385 million, a 22% increase from AAFS's reported revenue. The transaction is expected to close by Q1 2025, pending regulatory approvals and other conditions.
Al Ansari Financial Services PJSC, a leading financial services group in the UAE, has been awarded the Best Financial Institution IPO in the EMEA region for 2023 by EMEA Finance. The award recognizes the successful execution and high investor demand for the Group's IPO, which raised AED 773 million and saw demand exceed AED 12.7 billion. The award ceremony took place in London and highlighted notable deals and dealmakers in the region. Group CEO Rashed A. Al Ansari expressed his gratitude for the recognition and emphasized the company's commitment to delivering value to shareholders and stakeholders. The Group's subsidiaries, including Al Ansari Exchange, have established a specialized ecosystem for efficient money mobility. The recognition underscores the Group's strategic direction and its strong position in the financial services sector.
**Al Ansari Financial Services Warns Public of Impersonation Scam** **Dubai, UAE – 30 May 2024:** Al Ansari Financial Services PJSC (DFM: ALANSARI) has alerted the public about unlicensed firms impersonating the Group or its subsidiary, Al Ansari Exchange, to promote fraudulent "high-return" investment schemes. These scams, often found on social media, misuse the Group's name and logo to gain trust. Al Ansari Financial Services emphasizes that its shares are traded only on the Dubai Financial Market (DFM) through licensed brokers and does not solicit investments via social media or unauthorized channels. **Protective Measures:** - **Invest with licensed firms:** Verify licenses with the Securities and Commodities Authority (SCA) or DFM. - **Beware of high-return promises:** High returns with no risk are typically scams. - **Conduct independent research:** Investigate firms thoroughly before investing. - **Verify identity:** Contact Al Ansari Financial Services directly if uncertain about a firm's legitimacy. - **Report suspicious activity:** Notify authorities of any suspected impersonation. Al Ansari Financial Services is dedicated to promoting financial literacy and educating the public about investment scams. For more information, visit their website or contact them directly.
Al Ansari Financial Services has released its financial results for the full year of 2023 and the first quarter of 2024.
Al Ansari Financial Services PJSC and its subsidiaries have released their review report and condensed interim consolidated financial statements for the first quarter of 2024, ending on 31st March.

Threads

Page 1
Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release

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.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Result of Earnings Call

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release

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

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Financial statements for the 2n QTR of 2024

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.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Notification from the company-regarding the latest acquisition

1. Attached Document

Page 1