18/05/2017 06:00 AST

United Insurance Company said it has received the approval from the Securities and Commodities Authority to extend the subscription period for shares to increase the company's capital.

The rights issue is scheduled to end on June 6, instead of the previously set date of May 18, the insurance firm said in a bourse statement.

The company had previously invited investors to subscribe in shares for increasing the company's capital. It said that subscription invitation was published in papers on March 27, 2017. The company had also previously extended the pre-emption rights trading period and has altered the subscription timeline as per the announcement published in papers on May 5.


Gulfnews

Union Insurance gross premiums rise 12 per cent in first half

17/08/2015

Union Insurance Company said on Sunday it reported a 12 per cent rise in gross insurance premium in the first half to June.

The company reported a gross insurance of Dh331 million in the f

Gulfnews

United Insurance Company trims loss, but survival still in question

13/05/2015

United Insurance Company remains mired in uncertainty over its survival as an ongoing financial concern, despite trimming losses for the first quarter of the year.

The Ras Al Khaimah-based

The National

Union Insurance reports 12 per cent increase in H1 2014 net profit

13/08/2014

Union Insurance Company announced its results for the first six months of 2014, demonstrating robust financial performance.

Net profit has increased 12 per cent to AED 23.6 million compare

CPI Financial

Ticker Price Volume
FIDELITYUNITED Sector Market
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 400.10 0.10 (0.02%)
FAB 16.40 0.10 (0.61%)
EMIRATESNBD 27.35 0.00 (0.00%)
ADCB 15.18 0.34 (2.29%)
ADIB 22.18 0.06 (0.27%)
UAE investment group MAIR seals Al Reem Island property deal

31/10/2025

MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, has signed a sale and purchase agreement for a land plot located in Abu Dhabi's Al Reem Isl

Trade Arabia

Jahez, noon partnership to transform everyday convenience in Saudi Arabia

31/10/2025

Jahez International Company for Information System Technology, a leading integrated ecosystem of on-demand services in GCC, and noon, one of Middle East's leading digital ecosystem and one of the Kin

Trade Arabia

Union Properties unveils $544.59m Mirdad in Dubai's Motor City

31/10/2025

Union Properties has launched 'Mirdad', the company's second landmark development and a new benchmark for elegant, connected, and sustainable living in the heart of Motor City.

Valued at AE

Trade Arabia

DFM reports 212% increase in net profit before tax to Dh930.8 mln for first 9 months of '25

31/10/2025

Dubai Financial Market (DFM) announced on Thursday its consolidated financial results for the nine months ending 30 September 30, 2025, reporting a net profit before tax of Dh930.8 million (about $25

Gulfnews

Adnoc Distribution raises expansion targets and dividend outlook

31/10/2025

Adnoc Distribution has reported its strongest quarterly earnings since its IPO in 2017, with Q3 2025 EBITDA reaching $319 million, up 15.9 per cent year-on-year, and net profit climbing 21.5 per cent

Khaleej Times