UAE exchange house Al Ansari proposes Dh300 million interim dividend payment

[ad_1] Dubai: Al Ansari Financial Services has proposed an interim dividend payment of Dh300 million (4.0 fils per share). This proposal is pending approval from shareholders at the upcoming General Assembly…

In boon to expansion push Al Ansari secures approval for Oman acquisition

[ad_1] Al Ansari Financial Services, the UAE money and exchange company, received initial approval to acquire a majority stake in one of Oman’s major exchange companies as part of its…

Al Ansari IPO shows how equity capital markets can support future of family businesses

[ad_1] The strong performance of Al Ansari Financial Services, following its recent listing, highlights the fact that the time for family businesses to launch initial public offerings (IPOs) has never…

Will Al Ansari IPO get other family businesses to follow?

[ad_1] Dubai: A lot is changing for UAE and Gulf family businesses, with governments bringing in new initiatives, rules and pathways for these legacy enterprises to fit in with the…

UAE exchange house Al Ansari seeks up to $210 million in IPO

[ad_1] DUBAI, March 16 (Reuters) – UAE-based exchange house Al Ansari Financial Services is looking to raise up to 772.5 million dirhams ($210.4 million) from an initial public offering (IPO),…