United Fidelity reported a financial turnaround with a net profit of AED 5.77 million for the year ended December 31, 2025, compared to a net loss of AED 64.4 million in 2024.
A capital increase of AED 30 million was completed through a rights issue of 30 million shares, with the final allotment concluded on January 15, 2026.
Insurance revenue for the 2025 fiscal year stood at AED 562.7 million, with earnings per share improving to AED 0.036 from a loss of AED 0.403 the previous year.
The independent auditor highlighted a material uncertainty regarding the company's ability to meet the Minimum Capital Requirement (MCR) and Solvency Capital Requirement (SCR), noting an ongoing solvency recovery plan submitted to the Central Bank of UAE.