United Arab Emirates – Mubasher: Investors are anticipating the announcement of several important companies’ financials on both UAE markets on Wednesday.

Abu Dhabi’s top developer Aldar Properties’ board is scheduled to convene today to discuss and approve the company’s financials for the first quarter of 2015. The construction firm previously reported a 2% increase in its annual net profits for 2014, reaching AED 2.27 billion ($617.89 million) compared to AED 2.23 billion ($607 million) in 2013.

Meanwhile, the board of Dubai-listed Drake & Scull International (DSI) will also meet today. The firm previously reported a 39.5% drop in its profits for the fiscal year 2014, reaching AED 110 million ($30 million) from AED 181.7 million ($49.5 million) in 2013.

Shareholders of Dubai Development Company (DDC) are slated to approve financials for FY14 as well as examine other items on the agenda.

Moreover, the boards of Dubai Insurance and Abu Dhabi-listed firms Gulf Cement and Al-Wathba National Insurance Company (AWNIC) are set to meet to discuss Q1 financials for their respective companies.