Al Ansari Expands Footprint with BFC Acquisition
Al Ansari Financial Services PJSC (AAFS) has significantly expanded its market dominance by acquiring BFC Group Holdings WLL (BFCGH) in a $200 million deal. This acquisition marks a pivotal moment for AAFS, positioning it as the GCC region’s largest remittance and foreign exchange provider by branch network. Protiviti, a Member Firm for the Middle East