Al Ansari delivers record H1 2025 with 13% income growth

Image: Al Ansari Financial Services

Al Ansari Financial Services, GCC’s non-banking financial services provider, reported a record first-half performance for 2025, achieving a 13 per cent year-on-year (YoY) rise in operating income to Dhs638m. The growth was driven by the consolidation of BFC Group’s results from Q2 2025 following its acquisition, alongside robust performance across most business lines.

The results underscore the Group’s resilience and market leadership, achieved despite ongoing geopolitical headwinds, and reflect the effectiveness of its long-term strategy to leverage strong economic momentum in the UAE and wider GCC.

H1 2025 highlights:

• Operating income up 13 per cent YoY to Dhs638m.

• EBITDA increased 11 per cent YoY to Dhs287m, maintaining a 45 per cent EBITDA margin.

• Net profit after tax grew 3 per cent YoY to Dhs212m, as higher operating income from BFC consolidation was partially offset by increased finance costs from the acquisition-related shareholder loan.

• Total transactions rose 10 per cent YoY to 28 million.

• Outward remittance transaction value up 12 per cent YoY.

• Banknotes transaction value surged 105 per cent YoY.

• Wage Protection System (WPS) salary disbursals up 25 per cent YoY.

• Digital channels saw a 30 per cent YoY increase in transactions, representing 23 per cent of total outward remittances.

Read: Al Ansari confirms technical glitch at exchange unit, most funds recovered

The Group’s continued expansion in digital adoption, strong remittance growth, and diversification of services are positioning it for sustained long-term growth.