Al Ain Al Ahlia Insurance Co. (AAAIC) announced, in a statement to the Abu Dhabi Securities Exchange (ADX) that its Board of Directors will convene on Wednesday, January 21, 2015 to discuss the Company’s financials for the fiscal year 2014.

The Board will also tackle the proposal for dividend distribution for the year, added to setting up a date for Company’s Annual General Meeting (AGM) and the date of allowing nominations for the Board.

AAAIC had reported a 64% leap in net profit during the first nine months of 2014 reaching AED 67.8 million against AED 41.36 million. It also reported a net profit of AED 2.80 million during Q3-14 against a loss of AED 1.66 million during Q3-13.