Abu Dhabi – Mubasher: The Board of Directors of Al Wathba National Insurance Company (AWNIC) has set April 20, 2015 as the date for the ordinary general meeting (OGM). The Board also recommended a cash dividend of 15% or AED 0.15 per share, totaling AED 31.050 million for the year ended 2014.

Financials for the insurance company revealed a net profit of AED 109.05 million ($29.6837 million) by the end of 2014 compared to AED 152.401 million ($41.4840 million) for 2013.

AWNIC’s capital amounts to AED 207 million divided on 207 million shares at par value AED 1 per share.