Mohamed Badawy al-Husseiny, CEO of Aabar Investments has ruled out plans to increase its stake in Daimler AG, Bloomberg has reported. "We look at opportunities as they present themselves," he said. Al-Husseiny also said the company is not looking at any specific acquisitions this year and does not need to raise funds for its recently announced $20m investment in US aviation firm Xojet, he said.