Dubai ports giant DP World replaces chairman after Epstein email revelations

DP World, a major Dubai-based ports and logistics company, has replaced its chairman and CEO, Sultan Ahmed Bin Sulayem. He stepped down after being named thousands of times in recently released court documents related to the late financier Jeffrey Epstein, with reports citing sexually explicit emails between the two.

As a result, a major Canadian pension fund has said it will stop making new investments with DP World. The company, which also owns P&O Ferries, has appointed a new chairman.