Press releases, Reports & Disclosures for 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.