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Conflict hits profit at remittance company Al Ansari

By CityCalc Newsroom · Thu May 14 2026 · Source: AGBI

UAE remittance and foreign exchange house Al Ansari Financial Services said net profit was hit in the first quarter of 2026 as the Iran conflict affected tourism across all the GCC markets. Net profit after tax dropped 29 percent year on year to AED77 million ($21 million) betwe…

UAE remittance and foreign exchange house Al Ansari Financial Services said net profit was hit in the first quarter of 2026 as the Iran conflict affected tourism across all the GCC markets. Net profit after tax dropped 29 percent year on year to AED77 million ($21 million) betwe…

Curated by CityCalc from AGBI. Read the full article at the source.

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