Al Ansari Exchange Records More Than 151% Increase in WPS Employer Volumes Following New UAE Salary Payment Requirements

Dubai, UAE 02June 2026: Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services, recorded more than 151 per cent increase in the number of companies processing salaries through its Wage Protection System (WPS) platform on 1 June 2026, as UAE private sector employers adjusted payroll processes to comply with new salary payment requirements that came into effect nationwide.

The surge coincided with the implementation of Ministerial Resolution No. 340 of 2026, under which all private sector establishments registered with the Ministry of Human Resources and Emiratisation (MoHRE) are required to pay employee wages through the Wage Protection System by the first day of each month.

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Financial Transfers to Egypt Experience Notable Surge

United Arab Emirates – March 12, 2024: Al Ansari Exchange, the largest remittance and foreign exchange company in the United Arab Emirates, and a subsidiary of Al Ansari Financial Services Group (DFM: ALANSARI, announced today witnessing a remarkable increase in the volume of money transfers sent from the UAE to Egypt following recent developments related to the Egyptian Pound exchange rate.