United Financial Investments (UFICO) was established as a private company in 1980, and was later transformed into a public shareholding company in 1996, listed on the Amman Stock Exchange under ticker symbol “UCFI”.
UFICO is a subsidiary of Jordan Kuwait Bank, whereby the bank is the major shareholder, owning 78.3% of its share capital.
In October 2021, UFICO acquired Sanad Capital, a fully-owned subsidiary of Jordan Kuwait Bank. Sanad Capital was established in 2016 and offers a wide range of financial advisory services. Furthermore, in June 2022, UFICO acquired Al Mawared Brokerage Company (a subsidiary of Invest Bank), and increased its capital to JD 10.0 million, and completed the acquisition of The Arab Financial Investment Company (“AFIN”) at the end of December 2022.
UFICO is a licensed stockbroker at the Amman Stock Exchange, and has been ranked 1st in terms of trading volume for the years 2014, 2015, 2016. At the end of 2022, UFICO’s market share stood at 7.33%, ranking it 2nd amongst brokerage companies in Jordan.
UFICO’s website (www.ufico.com) offers up-to-date market analysis and comparative reports that assist clients in making strategic decisions and recognizing future opportunities.
Furthermore, clients can monitor their trading accounts and portfolios on a daily basis. The website received the silver trophy in the (Jordan Web Awards 2006), and the bronze trophy in the (Pan Arab Web Awards 2007).
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