Dubai Investments International, an investment firm listed on the Dubai Financial Market, a wholly owned subsidiary of Dubai Investments, is looking at worldwide expansion, especially into Asia and Africa. In addition to joint ventures and strategic partnerships across Africa and Asia, the company is also seeking commercial projects in some Middle Eastern countries, Dubai Investments announced in a statement.
Dubai Investments International is also in advanced stages of negotiations with prospective business partners in Libya and Erbil in Kurdistan, Iraq to create an industrial, commercial and residential business park similar to Dubai Investments Park and duplicating the business model in the respective countries
Further, DI International is working deeply with relevant government authorities to attract investments as also international firms to set up industrial units within these business parks.
Khalid Bin Kalban, Managing Director and CEO of Dubai Investments, said: “The setting up of Dubai Investments International was the first step in our strategy to expand our global footprint in key markets.
“Our plans are in place and we are in advanced negotiations with leading strategic players on investment opportunities across diversified sectors in the existing and new geographical locations across the globe to consolidate our position as an important international player. We are now in the process of setting up agencies and representative offices across strategic markets.”
He also added “We will use our expertise, business plans, and networking tools to build similar facilities in other locations too,”
>DI’s exports have surged over 129 per cent over the last five years, and the DI International’s growth plans will further leverage its global footprint in a big way. The company is focusing investments in existing and new businesses in international markets, with particular focus on Gulf, Middle East and Africa
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