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Al Ansari

Al Ansari to acquire Bahrain remittance group BFC for $200m

Dubai-based Al Ansari Financial Services has signed an agreement to purchase 100% of BFC Group Holdings, a prominent foreign exchange and remittance group incorporated in Bahrain, for $200 million. AAFS move comes as part of its regional expan

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Al Ansari to acquire Bahrain remittance group BFC for $200m

Dubai-based Al Ansari Financial Services has signed an agreement to purchase 100% of BFC Group Holdings, a prominent foreign exchange and remittance group incorporated in Bahrain, for $200 million. AAFS move comes as part of its regional expan

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Al Ansari approves $82m interim cash dividend

Al Ansari Financial Services, a leading integrated financial services group in the UAE, has announced the approval of its first proposed interim dividend payment of AED300 million ($82 million) at 4 fils per share.   

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Al Ansari’s CashTrans launches Cash Management Centre

CashTrans, a subsidiary of Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, has opened a state-of-the-art Cash Management Centre in Dubai to provide access to a range of cash vault servi

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Al Ansari plans to acquire exchange house in Oman

The UAE-based Al Ansari Financial Services has presented a formal proposal to acquire a majority stake in one of Oman’s prominent exchange companies.    The group has received an initial approval subje

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Al Ansari logs over 30pc growth in digital transaction volumes

Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, has said its digital channels recorded more than 30% growth in transactions in Q1 2023 compared to the same period last year.  

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Al Ansari completes IPO, oversubscribed 22 times

Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE, has completed the book building and subscription process of its initial public offering (IPO) raising AED7.73 billion ($2.1 billion).&nbs

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Al Ansari Financial Services aims to raise $210m in IPO

Al Ansari Financial Services a leading integrated financial services groups in the UAE, has announced the offer price range per share and the start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (D

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Al Ansari Exchange, Visa and Network International tie up

Al Ansari Exchange, the UAE-based money transfer company, has partnered with Visa and Network International to enable funding of global money transfers on the Al Ansari Exchange Mobile app for holders of Visa debit cards.  &n

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Al Ansari Exchange secures issuance licence from Visa

Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has obtained an issuance licence from Visa, the world’s leader in digital payments, making it the first exchange company in the UAE to secure such a

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