Dubai Investments, a Dubai-listed conglomerate, is seeking to raise Dh2 billion ($543 million) from the 20 per cent sale of its subsidiary DIP Holding in the UAE’s first initial public offering this year. DIP Holding is selling 1.74 billion shares in the Dh1.10 to Dh1.15 per share range, implying a market capitalisation at listing of between Dh9.5 billion and Dh10 billion, the company said in statement on the Dubai Financial Market on Tuesday.