Al Ansari Financial Services (ALANSARI) – Introduction and background |
![]() |
Al Ansari Financial Services PJSC is the UAE’s largest remittance and retail foreign exchange company, operating a nationwide network providing transfer and payment services.
Founded in Dubai in 1966 as an FX exchange, Al Ansari Financial Services is the largest provider of personal remittance and retail foreign currency exchange in the UAE, serving the country’s large expatriate population and a broad base of corporate clients. The group operates over 250 physical branches across all seven emirates, digital and mobile platforms, and offers a suite of financial services including international money transfers aimed at the expat and guest worker market. In 2025 the group completed the acquisition of BFC Group, a Bahrain-headquartered exchange and remittance operator, establishing Al Ansari as the largest non-banking financial services provider across the GCC.
Al Ansari Financial Services listed on the Dubai Financial Market (DFM) under the ticker ALANSARI in 2023, raising AED 773 million through an IPO that only floated 10% of the total shares. The company benefits from structural demand for remittance services from the UAE’s large non-national workforce.
Avoid extra charges, more of your capital invested
Invest locally in the UAE or expand into global equities.
Monitor your portfolio, track performance and invest with ease