Al Ansari profit falls 29% amid geopolitical pressure

Operating income held steady at Dh635m, but EBITDA fell 15% as margins came under pressure Dubai: Al Ansari Financial Services reported a 28.7 per cent drop in first-half net profit to Dh151 million, as geopolitical pressures, weaker activity across some remittance corridors and tougher competition squeezed profitability. The company’s operating in…