Sulaiman Al Fahim
The CEO of Abu Dhabi-based Hydra Properties is currently in the spotlight for his role in the takeover of Manchester City. Predictably, his contacts are spread across the world.
September 8, 2008 5:46 by kippreport
Sulaiman Al Fahim, often called the “Donald Trump of Abu Dhabi,” started Hydra Properties in 2005, and within two years the company had launched over $2bn worth of projects. The 31-year-old went into the business quite early, coming from a family engaged in real estate.
Al Fahim hosts “The Hydra Executives,” an Arab version of Trump’s “The Apprentice,” which offers the winner a prize of $1m to invest in property. A chess champion, he announced the project of an International Chess City in Dubai, worth around $2.6bn in 2004 when he was the chief executive of Dubai Projects.
With a Ph.D. in real estate investment from the US, he is currently the face of the Abu Dhabi take-over of Manchester City, and most recently announced that he is prepared to make a $237m bid for Cristiano Ronaldo during the January transfer window.