Dubai, UAE – Al Ansari Financial Services Company’s profits declined by 29%, to 151.3 million dirhams by the end of the first half of 2026. Compared to profits of AED 212.2 million achieved during the same period in 2025.
The reason for the decline in profits during the current period is due to the increase in salary and benefits expenses by 11% to reach 297.8 million dirhams. Compared to 268.7 million dirhams during the first half of 2025, in addition to an increase in both depreciation and amortization expenses. Administrative general expenses at rates of 20% and 15%, respectively, compared to the same period in 2025.
It is also due to the decline in total income to reach 647.5 million dirhams during the first half of 2026. Compared to 655.1 million dirhams during the same period of the previous year
