Sultan Ahmed bin Sulayem

Former

Birth Year 1955

Birthplace Dubai, UAE

Age 69 years old

Nationality United Arab Emirates

#53381 Most Popular

1955

Sultan Ahmed bin Sulayem (Arabic: ‏ ‏سلطان أحمد بن سليم, born 1955) is an Emirati businessman.

He is the chairman and chief executive officer (CEO) of DP World and the chairman of the Ports, Customs & Free Zone Corporation.

The Sulayem family has been one of Dubai's most prominent business and political families since at least the early 20th century.

Ahmed bin Sulayem's father was a key advisor to Dubai's ruling Maktoum family.

He has a bachelor's degree in economics from Temple University in Philadelphia.

1970

Bin Sulayem worked as a customs officer at Dubai's port after graduating from college in the late 1970s.

1980

He oversaw its rapid expansion, with JAFZA growing from hosting 19 companies in the mid-1980s to roughly 7500 as of 2020.

1985

He was appointed by Sheikh Mohammed bin Rashid Al Maktoum to be chairman of the Jebel Ali Free Zone (JAFZA) in 1985.

2007

Bin Sulayem was made DP World chairman in 2007 and was appointed group chairman and CEO in February 2016.

2008

He was awarded an honorary doctorate from Middlesex University in Dubai in 2008.

Bin Sulayem owns hotels on Nakheel's Palm islands, and a stake in a real estate brokerage company.

His son, Ahmed Sultan Bin Sulayem, is the chairman of the government-owned Dubai Multi Commodities Centre.

2009

He is a board member of the Dubai Executive Council and the UAE Federal Tax Authority, as well as the Investment Corporation of Dubai (the emirate's sovereign wealth fund) until 2009.

2010

Following the acquisition of British port operator Peninsular & Oriental Steam Navigation for $6.9 billion, DP World became the world’s third biggest port operator in 2010, and has remained in the top three since.

DP World expanded its business in July 2021 with the purchase of American global logistics provider Syncreon Holdings for $1.2 billion.

Bin Sulayem led DP World's property development subsidiary Nakheel until 2010, becoming a board member in 2020.

The company was behind the construction of man-made islands in Dubai.

He helped establish and headed the DP World subsidiary private equity fund Istithmar World.

2018

He has been non-executive chairman of Virgin Hyperloop since 2018.