In a significant corporate shakeup, Dubai-based logistics giant DP World has replaced its long-serving chairman and CEO, Sultan Ahmed bin Sulayem, following revelations of his connections with the convicted sex offender Jeffrey Epstein. This decision comes after the release of documents by the U.S. Department of Justice, which included over 9,400 mentions of Sulayem, highlighting a decade-long correspondence with Epstein. According to the Daily Times, these emails spanned from 2009 to 2018 and included discussions on business, politics, and personal matters. The leadership change, as reported by Al Jazeera, sees Essa Kazim appointed as the new chairman and Yuvraj Narayan as the group CEO. The move is seen as a response to mounting pressure from international investors and political figures, with British International Investment and Canada's La Caisse pension fund suspending new investments in DP World pending further clarity on the allegations (ProPakistani).
BUSINESS
Sultan Ahmed bin Sulayem Fired Over Epstein Ties in Dubai

DP World replaces CEO Sultan Ahmed bin Sulayem over Epstein ties, appointing Essa Kazim and Yuvraj Narayan amid investor pressure and reputational crisis affecting global trade operations.
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