Page 91 - AAE PR REPORT - FEBRUARY 2025

2/21/25, 4:40 PM UAE's Al Ansari in profit drop as remittance scene gets more competitive

The company now has a fairly established presence in some of the other Gulf markets. It will look
to build these to drive top-line numbers.
Gulf News Archive

Dubai: The operator of the currency exchange house, Al Ansari Financial Services has seen net

profits drop to Dh405.8 million from Dh495.18 million as the remittance business turns extra
competitive.

Income for the DFM-listed company came to Dh1.18 billion from Dh1.16 billion, with Al Ansari

looking to develop its presence outside of the UAE too.

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