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Al Ansari profit falls 29% to Dh151m as UAE remittance margins tighten

Dubai: Al Ansari Financial Services reported a 28.7 per cent drop in first-half net profit to Dh151 million , as geopolitical pressures, weaker activity across some remittance corridors and tougher competition squeezed profitability. The company’s operating income remained broadly stable at Dh635 million, down just 0.5 per cent from…

Al Ansari profit falls 29% to Dh151m as UAE remittance margins tighten

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