Sultan Ahmed Bin Sulayem

11. Sultan Ahmed bin Sulayem

Group Chairman and CEO, DP World

Origin: UAE

Residence: UAE

Sector: Logistics

2023 Rank: 11

Under Sultan Ahmed bin Sulayem’s chairmanship, DP World has emerged as a global powerhouse, investing over $10bn in the logistics sector since 2012. This investment positions DP World among the top five overseas investors globally.

As the world’s fifth-largest container terminal operator by throughput, DP World boasts a vast geographical footprint, with more than 500 business units spanning 70 countries and six continents. Its flagship facility, the Jebel Ali port in Dubai, is a cornerstone of its operations.

In 2023, the company’s revenue grew by 6.6 per cent to $18.25bn. DP World also modernised ports in Tanzania and Egypt, along with carrying out infrastructure investments in East Africa and India.

With over 100 new freight forwarding offices established worldwide, DP World continues to expand its reach in strategic markets. Sulayem is also the chairman of Dubai’s Ports, Customs, and Free Zone Corporation.

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