Dubai: Al Ansari Exchange, a UAE-based foreign exchange and money transfer company, opened 15 new branches in the UAE, according to a statement on Tuesday.

The company currently has more than 140 branches across the country. The new branches are located in Dubai, Abu Dhabi, Al Ain, Sharjah, Ajman and Fujairah. In Dubai, the branches are in the Ansar Gallery in Karama and Deira, Marina Walk, Dubai Marina Mall and Al Fahidi Souq, while in Abu Dhabi they are located in Capital Mall, Paragon Mall, Souq Madinat Zayed, Central Market and Galleria Mall, the company said in a statement.

“The opening of these new branches in the UAE are in alignment with Al Ansari Exchange’s expansion strategy, which is aimed at building a network of branches at easily accessible locations for customer convenience,” stated Rashed Ali Al Ansari, general manager at Al Ansari Exchange.

According to him, the new branches fill a gap in the neighbourhoods.

“We are confident that these branches will contribute in increasing our market share and add to the volume of transactions by serving more customers,” Al Ansari said. He added that the company plans to add 10 more branches within the coming year focusing on new communities and remote areas.