Wadi Araba Minerals Signs Financial Consultancy Agreement with United Financial Investments Company (UFICO) to Lead Strategic Listing Process
- Jan 26
- 2 min read
Updated: Jan 31

Sunday, November 30, 2025
Amman - Jordan
Wadi Araba Minerals (WAM) announced today the signing of a strategic consulting agreement with United Financial Investments Company (UFICO), a publicly listed investment and financial advisory firm.
Under the agreement, UFICO will act as the lead financial and strategic advisor for the planned listing of WAM, providing comprehensive financial advisory services aimed at enhancing WAM’s corporate structure, market readiness, and long-term shareholder value.
As part of the engagement, UFICO will provide WAM with an integrated suite of services, including:
• Capital markets and listing advisory services, including preparation for public listing on the Amman Stock Exchange, in full compliance with Jordan Securities Commission (JSC) regulations, and coordination with all relevant regulatory authorities.
• Corporate structuring and inancial optimization, ensuring WAM is positioned to meet institutional investor expectations and prevailing market standards.
• Valuation advisory and inancial modeling services, relecting the company’s mineral asset base, growth pipeline, and long-term development strategy.
• Governance, compliance, and disclosure advisory services, aligned with best practices for publicly listed companies.
• Transaction coordination, including liaison with legal, audit, and other professional advisors involved in the listing process and initial public offering.
Strategic Impact
This agreement represents a significant milestone in WAM’s growth strategy. By partnering with UFICO, WAM aims to transition into a publicly listed company with enhanced transparency, governance, and access to capital
The planned listing is expected to unlock value from WAM’s mineral assets by providing market visibility, independent valuation, and improved access to growth capital to support exploration, development, and potential downstream opportunities. Additionally, the listing will enhance institutional credibility through robust governance and reporting frameworks, while improving liquidity and shareholder value by enabling broader investor participation.
Commenting on the agreement, Mr. Hani Al Asmar, CEO for Wadi Araba Minerals Company stated:
“Partnering with UFICO brings deep capital markets expertise and a thorough understanding of investor expectations. This collaboration represents a key step in positioning WAM for sustainable growth while maximizing the value of our mineral portfolio.”
About United Financial Investments Company (UFICO)
United Financial Investments Company (UFICO) is a publicly listed, JSC-licensed financial services and investment firm, providing advisory, investment, and capital markets services to corporate and institutional clients.
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