Dubai Investments (DI), marking its 20th anniversary, says it is targeting fresh acquisitions and JVs in new sectors as it diversifies its business and enters new markets internationally.

The new sectors include asset management, education, healthcare and energy, it said, adding the company would reinforce its leadership and innovation in the real estate, financial investments and manufacturing domains. 

Khalid Bin Kalban, managing director and CEO, said: “Dubai Investments has built strong credentials over the last two decades, underpinned by proven partnerships, smart acquisitions, profitable exits and a robust commitment to value creation. It will continue to build its expertise across both established and new sectors as part of its transition into the next phase of growth trajectory.”

He added: “Dubai Investments has identified some sectors and promising growth markets which provide the stimulus to invest and generate high returns. The company plans to continue its international expansion plans and leverage its business models across newer markets, particularly in the Middle East, Africa and Asia.”

The focus on global expansion comes close on the heels of the launch of Dubai Investments International, its wholly-owned subsidiary targeting strategic partnership and forays in global markets. DI International is currently in advanced stages of negotiations with prospective partners across the region and beyond.

Dubai Investments noted that during the past 20 years it helped create 15,000 job opportunities, invested in and created over 70 companies and subsidiaries, including exits over the years, engaged 25,000-plus shareholders, built total assets to over Dh14.52 billion ($3.95 billion) while its net worth surged to over Dh10.1 billion.

The company has paid over Dh4 billion in dividends and bonus shares.

Kalban reiterated that Dubai Investments would continue its strong thrust in developing its real estate portfolio and allied businesses over the next two to three years to take advantage of renewed market interest and surging investor confidence.

Dubai Investments announced a net profit of Dh1.343 billion for 2014, a 63 per cent increase compared to Dh822.32 million in 2013. The portfolio comprises seven large investment units – Glass LLC, Dubai Investments Industries, Masharie Company LLC, Dubai Investment Park, Dubai Investments International, DI Real Estate Company and Al Taif Investment.