Dubai Investments PJSC (DFM:DIC) is looking for two acquisitions worth AED 400 million. One of the purchases will be of a financial entity with expertise in asset management, corporate advisory services, debt raising and brokerage capabilities, with the second acquisition coming in the real estate sector. Khalid Bin Kalban, Managing Director and Chief Executive Officer of Dubai Investments PJSC said, "We are eyeing expansion across our group portfolio and our new acquisitions are in line with this.

The financial service company is a right fit for us and perfectly complements our model. The new real estate company will be a great addition to our portfolio, and contribute to our growth amidst the current upswing in the sector."