Dubai Investments (DI) has moved to expand its asset base with the development of four new projects, three in the UAE and one in Saudi Arabia, reported Gulf News on Sunday.

These projects include the AED 3 bn Mirdif Hills project in Dubai, Green Community West Phase 3 and AED 400 mn Fujairah Business Centre in the UAE and Riyadh Investments Park in Saudi Arabia. The projects are being developed by DI’s various subsidiaries.

The company’s Managing Director and CEO, Khalid Bin Kalban, stated that “a number of proposals are also under negotiations to replicate Dubai Investments’ success and business models in different markets,” specifically naming Africa as a potential growth market.