H.E. SULTAN AHMED BIN SULAYEM

CHAIRMAN & CEO, DP WORLD

investment of approximately US$2.4bn in three of DP World’s flagship UAE assets. This sale of a strategic minority stake in Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park, follows on the earlier transaction that successfully closed in June 2022.

Investment by Hassana implies a total enterprise value of approximately $23bn for the three assets. The Jebel Ali Port, Free Zone and National Industries Park together comprise a best-in-class group of infrastructure assets, with a solid long-term track record of growth. Combined, they form a world-class integrated ecosystem for the supply and logistics chains of over 9,000 companies from around the world, serving more than 3.5 billion people globally. The three assets generated pro-forma 2021 revenue of $1.9 bn.

Amadou Diallo is CEO of DHL Global Forwarding Middle East & Africa. Based in Dubai, he is responsible for the performance and long-term strategic development of the unit. With an overview of the African and Middle Eastern markets, Mr Diallo has the advantage of understanding major markets as individual units and as cohesive wholes.

One of Diallo’s key tasks is harnessing the power of these regions, both in terms of present operations, and how new energy can be fostered. One way in which DHL is doing this is via its Fast Forward Challenge, a global competition that aims to encourage companies across the world to showcase innovative technologies in the logistics industry, with a particular focus on sustainability.

Amadou Diallo said of the challenge: “There were some genuinely