Page 18 - AAE PR REPORT - OCTOBER 2025

Press Release

Rashed A. Al Ansari, Group CEO of Al Ansari Financial Services, stated: “We are proud to
partner with DOF to advance Dubai cashless strategy. The collaboration comes as testament to our
joint commitment to promoting financial inclusion, enhancing payment innovation, and supporting
the nation’s vision of a cashless economy. More importantly, the move demonstrates the Emirate
of Dubai’s commitment to strengthening ties with the private sector to translate high-level strategy
into action and achieve a cashless society by 2026 through proactive public-private collaboration.”

This development exemplifies the Dubai Cashless Strategy's broad appeal and inclusivity. With a
diverse clientele and new digital initiatives, including a digital wallet, Al Ansari Financial Services
is well-positioned to support the Emirate’s pursuit of a cashless economy.

This landmark partnership was signed during GITEX Global 2025, which is being held from
October 13 to 17, 2025. The event, one of the world's largest technology exhibitions, brings
together Dubai's government entities and private-sector innovators. Through its participation at
GITEX, Dubai exhibits its commitment to fostering public-private collaboration, exchanging
expertise, and forming strategic partnerships with industry leaders to accelerate digital
transformation.

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