Trading of United Fidelity Insurance Company (FIDELITYUNITED) shares resumed on the exchange on March 18, 2026.
The company reported a return to profitability for the year ended December 31, 2025, with a net profit of AED 5.77 million compared to a net loss of AED 64.40 million in 2024.
Auditors issued an emphasis of matter regarding material uncertainty over the company's ability to continue as a going concern, noting a failure to meet minimum capital and solvency requirements as of year-end 2025.
To address solvency issues and accumulated losses exceeding 50% of capital, the company finalized a rights issue raising AED 30 million on January 15, 2026.
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