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8/12/24, 10:40 AM UAE's Al Ansari Financial Services feels impact of corporate tax in H1-2024 profit drop | Banking – Gulf News
UAE's Al Ansari Financial Services

feels impact of corporate tax in H1-

2024 profit drop

DFM-listed company sees sharp rise in digital transactions after April fee hike

Published: August 09, 2024 09:19
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Manoj Nair, Business Editor

Al Ansari Financial Services saw a marginal decline in remittance numbers on a year-on-year basis. But there
were gains made on the digital side.
Image Credit: Gulf News Archive

Dubai: The DFM-listed Al Ansari Financial Services saw its H1-2024 net profit drop by

22 per cent to Dh205.4 million, which it attributed to the corporate tax effect. If the tax

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