Al Ansari Financial Services PJSC

Logotype for 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 Exchange, the Ras Al Khaimah Government, and the Emirates Foundation have formed a strategic alliance to launch a business development center in Ras Al Khaimah, UAE. This initiative is part of the Emirates Foundation's 'Dawamee' program and aims to empower local talent, expand career opportunities, and promote economic and social development. The project aligns with the directives of Sheikh Mohamed bin Zayed Al Nahyan, designating 2025 as the 'Year of the Community.' The initiative includes educational workshops, job creation, and training programs, particularly targeting housewives, people of determination, and residents in remote areas. The collaboration seeks to create 250 jobs at Al Ansari Exchange over three years and aims to strengthen Emiratization efforts through public-private sector cooperation, promoting social responsibility and comprehensive national development.
Al Ansari Financial Services has announced its financial results for the full year 2023, as well as its earnings release for the fourth quarter of the fiscal year 2024.
Al Ansari Financial Services P.J.S.C. has released its consolidated financial statements for the fiscal year ending on December 31, 2024.
Al Ansari Financial Services PJSC has announced a strategic partnership with Abhi Middle East Limited to expand financial service options for consumers in the UAE. This collaboration aims to introduce Earned Wage Access (EWA) and Send Now, Pay Later (SNPL) services by the second quarter of 2025, pending regulatory approvals. These services are designed to support unbanked and underbanked communities by providing early access to earned wages and enabling immediate international remittances with deferred payment. The partnership builds on Al Ansari's previous collaborations with fintech platforms to enhance service efficiency and scalability. Both companies emphasize their commitment to improving financial accessibility and offering flexible solutions to meet diverse customer needs.
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.
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.
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.
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.

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Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release

Al Ansari Exchange, the Ras Al Khaimah Government, and the Emirates Foundation have formed a strategic alliance to launch a business development center in Ras Al Khaimah, UAE. This initiative is part of the Emirates Foundation's 'Dawamee' program and aims to empower local talent, expand career opportunities, and promote economic and social development. The project aligns with the directives of Sheikh Mohamed bin Zayed Al Nahyan, designating 2025 as the 'Year of the Community.' The initiative includes educational workshops, job creation, and training programs, particularly targeting housewives, people of determination, and residents in remote areas. The collaboration seeks to create 250 jobs at Al Ansari Exchange over three years and aims to strengthen Emiratization efforts through public-private sector cooperation, promoting social responsibility and comprehensive national development.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Result of Earnings Call

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release regarding financial results for the 4th QTR of 2024 and Full Year 2024

Al Ansari Financial Services has announced its financial results for the full year 2023, as well as its earnings release for the fourth quarter of the fiscal year 2024.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Financial statements for the year of 2024

Al Ansari Financial Services P.J.S.C. has released its consolidated financial statements for the fiscal year ending on December 31, 2024.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release

Al Ansari Financial Services PJSC has announced a strategic partnership with Abhi Middle East Limited to expand financial service options for consumers in the UAE. This collaboration aims to introduce Earned Wage Access (EWA) and Send Now, Pay Later (SNPL) services by the second quarter of 2025, pending regulatory approvals. These services are designed to support unbanked and underbanked communities by providing early access to earned wages and enabling immediate international remittances with deferred payment. The partnership builds on Al Ansari's previous collaborations with fintech platforms to enhance service efficiency and scalability. Both companies emphasize their commitment to improving financial accessibility and offering flexible solutions to meet diverse customer needs.

1. Attached Document

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