History:
The late Sheikh Redha Al Ansari landed in the emirate of Sharjah in early years of the 20th century. He owned one of the leading trading houses in the emirate. His major line of trade was food and textile. Later he expanded his trade to include pearl and precious stones.
By 1930, His son the late Sheikh Rahmah Al Ansari moved the business from Sharjah to Dubai. He became the major owner of the establishment once his father passed away. The establishment was called Shaikh Rahmah Al Ansari & Brothers Trading Co.
1n 1942 His son the late Mohamad Rahmah Al Ansari established Al Ansari Exchange Co in Kuwait. It was considered to be the first money exchange house in the region. It was highly trusted by locals and foreign workers who used the firm’s services to transfer their wages to their countries and to establish saving accounts. Late Mohamad Rahma Al Ansari established a new area for investment in 1981 in the fields of Oil and Gas Exploration and Production which is now highlighted in Quest Energy Group.
The money exchange network expanded regionally thereafter and today it operates through more than 180 of its branches.
Quest Energy is an international Investment/Development group of companies which concentrates in Oil & Gas Exploration-Production and Power Generation.
The group invests in the projects directly through equity participation.
Projects developed by Quest Energy Group of Companies are mainly on the basis of Buy-Back , BOT and BOO schemes.
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