THE MIDDLE EAST’S

90. Rashed A. Al Ansari

Designation: Group CEO
Company: Al Ansari Financial Services
Residence: UAE
Nationality: Emirati
Sector: Financial Services

Al Ansari assumed his current position in 2023. In April 2025, Al Ansari Financial Services acquired the BFC Group for $200 million, making the company one of largest non-banking financial institutions in the GCC, with a network of 444 branches. The company also reported an operating income of $87 million in Q1 2026, while digital transactions conducted rose to 29% of total, up from 24% in Q1 2025. In June 2026, the company agreed to acquire a stake in Mustafa Sultan Exchange valued at $6.3 million, marking its entry into Oman. Al Ansari is a board member of BFC Group Holdings and chairman of Bahrain Financing Company, among others.