Al Ansari Financial Services PJSC

Ticker/ISIN
ALANSARI
AEE01198A238
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
1.02 AED
2024-07-12

Year to date

-0.04 %

3 months

-0.04 %

6 months

-0.06 %

1 year

-0.15 %

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
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 PJSC
**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 PJSC
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
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.
Al Ansari Financial Services PJSC
Al Ansari Exchange, the UAE's largest remittance and foreign exchange company, has successfully achieved Payment Card Industry Data Security Standard (PCI DSS) validation for 2024. This certification highlights the company's dedication to maintaining high data security standards. The PCI DSS is a rigorous set of standards ensuring companies that process, store, or transmit debit and credit card information maintain a secure environment. Al Ansari Exchange's compliance with these standards reaffirms its position as a trusted financial services provider. The company also remains committed to investing in technology, infrastructure, and employee training to enhance its security measures and adapt to potential threats.
Al Ansari Financial Services PJSC
Al Ansari Exchange, UAE's largest remittance and foreign exchange company, has announced a partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE). The collaboration will integrate Aani, an instant payment platform developed by AEP, into Al Ansari Exchange's services. The partnership will allow Al Ansari Exchange's customers to make instant digital payments, including money transfers, bill settlements and peer-to-peer payments through mobile numbers, email or QR codes. Aani also offers advanced payment technologies such as Proxy Payments, QR-code-based payments, Request to Pay and Split Bills. The initiative aims to drive financial inclusivity and innovation in the region.
Al Ansari Financial Services PJSC
Al Ansari Exchange, the leading remittance and foreign exchange company in the UAE, has continued its 9th annual tradition of delivering 10,000 Iftar meals across all seven Emirates during Ramadan. The company prioritizes eco-friendly packaging for this initiative, reflecting its commitment to both community service and environmental sustainability. The meals are distributed in collaboration with various government entities across 18 locations, targeting those in need. This initiative is part of Al Ansari Exchange's corporate social responsibility efforts to make a lasting positive impact on the communities it operates within.
Al Ansari Financial Services PJSC
Al Ansari Financial Services has approved a cash dividend of AED 300 million for H2 2023 at its Annual General Assembly Meeting in Dubai. This brings the total dividend distributions for the fiscal year 2023 to AED 600 million. The company's financial statements for the year ended 31 December 2023 were also approved, along with various policies related to the remuneration of the Board of Directors and senior Executive management, the company's Dividends Policy, and the company's corporate social responsibility. The Chairman of Al Ansari Financial Services highlighted the company's strong financial and operational performance in 2023, attributing it to the company's strategic growth initiatives, innovation, and the support of stakeholders.

Threads

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CashwariyaRai

CashwariyaRai

Commented on AkSharesKumars Transaction regarding Al Ansari Financial Services PJSC

Great move! Diversifying into Financials with Al Ansari Financial Services is a smart play. Industrials and Financials can create a strong, balanced portfolio. Keep shining! 🌟
Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press Release

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.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Notification from the company

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Notification from the company

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Notification from the company

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 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.

1. Attached Document

AkSharesKumar

AkSharesKumar

Commented on FinanceBroAEDs Transaction regarding Al Ansari Financial Services PJSC

Impressive buy with Al Ansari Financial, mate! Financials are looking strong. Keep an eye on that 1-month yield; it'll bounce back. Stay disciplined and Jai Hind! 💪📈
RealEstateKing

RealEstateKing

Commented on FinanceBroAEDs Transaction regarding Al Ansari Financial Services PJSC

Nice move on Al Ansari Financial Services! Diversifying with financials can balance out sector risks. With my 1.68% yield this month, I'm also thinking of broadening my portfolio. Keep up the good work!
Dubai Financial Market News

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

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

Al Ansari Financial Services has released its financial results for the full year of 2023 and the first quarter 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 1st QTR 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.

1. Attached Document

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