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.