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05 Aug 2025

Al Ansari Exchange Addresses Indian Rupee Drop to Near Record Lows and Its Implications for UAE Remittance Market

Al Ansari Exchange, a leading remittance and foreign currency exchange service provider in the UAE, has highlighted the recent sharp decline of the Indian rupee against the UAE dirham, which is pegged to the U.S. dollar. The rupee has approached record lows, trading around ₹23.91 per AED, with intra-week fluctuations between ₹23.63 and ₹23.95. This […]

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21 Jul 2025

Al Ansari Exchange Introduces Cash Payout Service for ILOE Claims in Collaboration with the Insurance Pool

Al Ansari Exchange, the UAE’s leading remittance and foreign exchange company, has introduced a new cash payout service for Involuntary Loss of Employment (ILOE) insurance claims in partnership with the ILOE’s Insurance Pool PSC. The service is now available across more than 270 Al Ansari Exchange branches nationwide. This initiative aligns with Al Ansari Exchange’s […]

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30 Jun 2025

Al Ansari Exchange Launches Digital Issuance for Prepaid Cards, Promoting Financial Inclusion in the UAE

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 the digital issuance of its popular prepaid cards, the TravelCard and FlexiblePay cards. This initiative promotes financial inclusion and supports the UAE’s vision of fostering a cashless economy. Customers can now […]

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16 Jun 2025

Al Ansari Exchange Announces Winner of AED 1 Million Grand Prize in 2025 Al Ansari Millionaire Promotion

Al Ansari Exchange, the UAE’s leading remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, has announced the grand prize winner of its highly anticipated 2025 Al Ansari Millionaire Promotion. Albert Rioflorido, a Filipino customer living in the UAE for the past 12 years, was named this year’s winner of […]

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20 May 2025

Al Ansari Exchange and UnionPay International Launch Real-Time Remittance Service to China via MoneyExpress

Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE, and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE.  This partnership marks a significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire GCC region […]

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22 Apr 2025

Al Ansari Exchange and Visa Extend Strategic Partnership, Accelerating the Future of Digital Payments

Al Ansari Exchange, the leading remittance and foreign exchange service provider in the UAE and a subsidiary of Al Ansari Financial Services, today announced the extension of its strategic partnership with Visa, a global leader in digital payments. This agreement represents the continuation of a robust and enduring collaboration, focused on driving innovation, facilitating expansion, […]

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