Finance News
Al Ansari Financial Services’ Fourth Quarter and Full Year 2024 Financial Results
Financial and Operational Highlights Q4’24 vs. Q4’23 • Operating Income grew 9% year-on-year (YoY) to AED 294 million. • EBITDA dropped 2% YoY to AED 122 million with an EBITDA margin of 41% att...Read More
Etihad Credit Insurance joins the KYC Blockchain Platform
Dubai, UAE - 03 February 2025: Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for the insurance sector. Led by the Dubai Depa...Read More
Etihad Credit Insurance receives AA- rating with stable outlook from Fitch Ratings for seventh consecutive year
January 30, 2025 - Etihad Credit Insurance (ECI), the UAE’s Federal Export Credit company, has secured an Insurer Financial Strength (IFS) Rating of 'AA-' (Very Strong) and Long-Term Issuer De...Read More
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 ex...Read More
Etihad Credit Insurance announces the joining of Reem Finance to “Xport Xponential” Program partners
23 January 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has announced the joining of Reem Finance, a leading company in the UAE’s financial services industry, to the s...Read More
Etihad Credit Insurance selects winning companies from ‘Xport Xponential’ initiative submissions
• 42 companies applied to join the initiative • A training workshop will be organised to highlight crucial aspects and determine mechanisms for selected applicants 15 January 2025: Etihad Credit ...Read More
Al Ansari Financial Services Expands Consumer Choice with Innovative Abhi Partnership
Dubai, UAE - January 13, 2025: In a move set to reshape the financial landscape, Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE a...Read More
HyperPay Obtains License from the Saudi Central Bank to Expand Digital Payment Services in the Kingdom
09 January 2025- In a move that strengthens the diversification and development of the financial sector in the Kingdom of Saudi Arabia, the Saudi Central Bank (SAMA) has announced the granting of a li...Read More
ECI and Al Maryah Community Bank sign MoU to elevate ‘Xport Xponential’ initiative and drive economic growth
09 January 2025 - Etihad Credit Insurance (ECI), the UAE's Federal Export Credit Company, signed a Memorandum of Understanding (MoU) with Al Maryah Community Bank, the country's first local di...Read More
Al Ansari Financial Services and Halan Partner to Pioneer Multiple Financing Services in the UAE
Dubai, UAE – December 30, 2024 – Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange L.L.C., a...">Read More
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