Page 12 - AAE PR REPORT - January 2025

Press Release

Al Ansari Exchange Expands Services with GPSSA Pension

Payment Collection

Dubai, UAE – 23 January 2025: Al Ansari Exchange, the UAE’s largest remittance and foreign
exchange company and a subsidiary of Al Ansari Financial Services PJSC, is proud to announce a

significant expansion of its services by becoming authorised to collect pension contributions from
corporates on behalf of The General Pension and Social Security Authority (GPSSA) and Ma’ashi.

This service, in compliance with the Central Bank of the UAE (CBUAE) guidelines, supports

employers in fulfilling their obligations under the Federal Law regarding pensions and social
security.

Employers can easily pay their pension contributions, ensuring timely compliance with
regulations. The collection service will be available at all Al Ansari Exchange branches across the

UAE, as well as through their user-friendly website www.eexchange.com. Contributors can trust

that their payments are handled securely and efficiently.

The service offers an easy and secure way for employers to manage and pay their pension

contributions. The collection will be available at all Al Ansari Exchange branches across the
country and through digital channels, bringing unparalleled convenience to contributors.

Ali Al Najjar, Chief Operations Officer of Al Ansari Exchange, said: “We are proud to support
the UAE’s Emiratisation initiative and the Emirati pension system by offering this service in line

with CBUAE regulations. This new offering underscores our dedication to streamlining financial

services, making critical and timely payments easier and more accessible for businesses small and
large alike.”

-Ends-

For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com