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{{Short description|President of the Arab Union for Real Estate Development}} | |||
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{{undisclosed paid|date=October 2023}} | |||
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{{Infobox person | {{Infobox person | ||
|name = Sulaiman Al-Fahim <br/> {{lang|ar|سليمان الفهيم}} | | name = Sulaiman Al-Fahim <br/> {{lang|ar|سليمان الفهيم}} | ||
|image = Dr-Sulaiman-al-Fahim-001.jpg | | image = Dr-Sulaiman-al-Fahim-001.jpg | ||
|caption = | | caption = | ||
|birth_date = |
| birth_date = {{birth based on age as of date|31|2008|5|23}} | ||
|birth_place = ], ] | | birth_place = ], ] | ||
|alma_mater = ]<br>] | | alma_mater = ]<br />] | ||
|death_place = | | death_place = | ||
|other_names = | | other_names = | ||
|occupation = Businessman |
| occupation = Businessman | ||
| website = {{website|http://sulaimanalfahim.com/}} | |||
|nationality = ] | |||
}} | }} | ||
'''Sulaiman Abdul-Karim Mohammed Al-Fahim''' (born 1976 or 1977)<ref name="gulfnews" /> is an Emirati television personality and self described billionaire businessman <ref> https://www.forbes.com/forbes/2010/0329/billionaires-2010-middle-east-dubai-sulaiman-fahim-middle-eastern-mirage.html </ref> in the UAE real estate sector.<ref name=":0">{{Cite news|last=Thomas|first=Landon Jr.|date=2009-06-08|title=Questions About a Desert Village|language=en-US|work=The New York Times|url=https://www.nytimes.com/2009/06/09/business/global/09property.html|access-date=2021-05-05|issn=0362-4331}}</ref> He was involved in the deal in which the Abu Dhabi royal family obtained ]. In 2008, he was convicted and sentenced to five years in jail by a UAE court for stealing £5 million.<ref name=":2" /> | |||
'''Sulaiman Abdul-Karim Mohammed Al-Fahim''' is an Emirati (United Arab Emirates) businessman. His specializes in Property Development/Real Estate. He received his bachelor's degree in Marketing from ] in ], and his masters from ], American University in Finance and Real Estate. He was the CEO of Hydra Properties Real Estate Development Company based in ]. He was the President of Arab Union for Real Estate for two terms from 2009 to 2013 and from 2013 to 2017. | |||
==Early life and education== | ==Early life and education== | ||
Al-Fahim was born in ] in 1977.<ref name="gulfnews" /> He obtained his master's degree in Finance and Real Estate from the ] in ]<ref name=":0" /> He has claimed that he has a PhD in Real Estate from American University, but there is no record of him earning a PhD from the school and the school does not offer a PhD in real estate.<ref name=":0" /> Nonetheless, Al-Fahim uses the honorific "Dr."<ref name=":0" /> | |||
Al-Fahim was born in ] in 1977. From the age of eleven he worked in his father's Orient Pharmacy after school. Which taught him key skills such as dealing with various individuals and reinvesting money.<ref>{{cite web |last1=Sayed |first1=Sara |title=Hydra CEO shares his success story |url=https://gulfnews.com/culture/people/hydra-ceo-shares-his-success-story-1.25589 |website=Gulf News |publisher=Gulf News |accessdate=7 October 2010}}</ref> At the age eighteen Al Fahim founded the "Sulaiman Al Fahim Group" which financed education and sports in the ]. | |||
⚫ | In 1998, Al-Fahim lost his parents and brother in a car accident.<ref name="gulfnews">{{cite web |last1=Sayed |first1=Sara |title=Hydra CEO shares his success story |url=https://gulfnews.com/culture/people/hydra-ceo-shares-his-success-story-1.25589 |website=Gulf News |date=23 May 2008 |access-date=2 October 2010}}</ref> | ||
Al Fahim was exceptional in chess from a very young age at just nine years old he was ranked fifth in the world by the Chess Federation.<ref>{{cite web |last1=Barden |first1=Leonard |title=Former UAE prodigy rides to the rescue of 'chess Wimbledon' |url=https://www.theguardian.com/sport/2009/mar/07/leonard-barden-chess-7march |website=The Guardian |publisher=The Guardian |accessdate=5 November 2010}}</ref> During Al Fahims' educational journey he took every opportunity he got and worked in various sectors to gain knowledge and experience. | |||
Al Fahim lost his mother, sister and brother in a car accident when he was twenty-one years old.<ref>{{cite web |last1=Sayed |first1=Sara |title=Hydra CEO shares his success story |url=https://gulfnews.com/culture/people/hydra-ceo-shares-his-success-story-1.25589 |website=Gulf News |publisher=Gulf News |accessdate=2 October 2010}}</ref> Following this incident he moved to the United States to further his education where he obtained his masters from Kogod School of Business, American University in ], USA. His MBA was in Finance and Real Estate. He received an honorary PhD, therefore, uses the title Dr. <ref>{{cite web |title=Dr Sulaiman Al Fahim: A stock market player at 14 |url=https://www.portsmouth.co.uk/sport/football/pompey/dr-sulaiman-al-fahim-a-stock-market-player-at-14-1-1232798 |website=The News |publisher=The News |accessdate=1 June 2010}}</ref> | |||
==Career== | ==Career== | ||
Al-Fahim heads the real estate company Hydra Properties, which is owned by the Royal Group, an investment conglomerate headed by ], a member of the royal family in Abu Dhabi.<ref name=":0" /> | |||
=== Business Career === | |||
From a very young age Al Fahim demonstrated that he was exceptional when it came to making business decisions. He worked in various sectors and areas in different countries.<ref>{{cite web |title=Hydra Properties CEO Dr Sulaiman Al Fahim attends 7th Annual Chrysalis Butterfly Ball |url=http://www.abudhabicityinfo.com/news/pr_WNQASMFDX7GD8KMFM5H5UDREN1.aspx |website=Abu Dhabi City Info |publisher=Abu Dhabi City Info |accessdate=2 October 2010}}</ref> However one of his biggest achievements was when he was the CEO of Hydra Real Estate development Company.<ref>{{cite web |title=4 Dr Sulaiman Al Fahim |url=https://www.arabianbusiness.com/power-100-2009/list?itemid=155866 |website=Arabian Business |publisher=Arabian Business |accessdate=9 November 2010}}</ref> He was the President of Arab Union for Real Estate for two terms from 2009 to 2013 and from 2013 to 2017. While Al Fahim was the Chairman of Arab Union for Real Estate he was featured in Roll Call newspaper where he spoke about the former president of the United States, Obama. <ref>{{cite web |last1=Staff |first1=RollCall |title=Obama is Taking The Right Steps In The Middle East |url=https://www.rollcall.com/news/-40683-1.html |website=Roll Call |publisher=Roll Call |accessdate=1 October 2010}}</ref> Al Fahim is dedicated to renewable energy; in 2009 while he was the President of the Arab Union for Real Estate Development he was offering Green Cooperation with ]. <ref>{{cite web |last1=McGinniss |first1=Paul |title=Pathways to Peace: Green Building Blocks east - West |url=http://www.thenewyorkgreenadvocate.com/2009/10/ |website=New York Green Advocate |publisher=New York Green Advocate}}</ref> | |||
Al Fahim’s interest in chess resulted him to sponsor various chess tournaments.<ref>{{cite web |last1=NayarStaff Reporter |first1=K.R. |title=President Cup chess competition to commence from Thursday |url=https://gulfnews.com/sport/more-sport/president-cup-chess-competition-to-commence-from-thursday-1.155266 |website=Gulf News |publisher=Gulf News |accessdate=2 October 2010}}</ref> He was elected as the president of UAE Chess Federation from 2008 until 2012.<ref>{{cite web |last1=Huang |first1=Carol |title=UAE plays Kingmaker as chess politicians wage battle for the top job |url=https://www.thenational.ae/uae/uae-plays-kingmaker-as-chess-politicians-wage-battle-for-the-top-job-1.487706 |website=The National |publisher=The National |accessdate=8 August 2010}}</ref> Over the years he sponsored various sports tournaments as well.<ref>{{cite web |last1=Report |first1=Staff |title=Sulaiman Al Fahim Group to support UAE youth volleyball team |url=https://gulfnews.com/sport/more-sport/sulaiman-al-fahim-group-to-support-uae-youth-volleyball-team-1.445698 |website=Gulf News |publisher=Gulf News}}</ref> | |||
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Al Fahim was a major part in signing ] deal in 2008. Sulaiman Al Fahim can be described as the architecture of the deal; at that time he was looking at various clubs and saw the potential of Manchester City, this is when he presented the offer to Abu Dhabi United Group. <ref>{{cite web |title=4 Dr Sulaiman Al Fahim |url=https://www.arabianbusiness.com/power-100-2009/list?itemid=155866 |website=Arabian Business |publisher=Arabian Business |accessdate=4 March 2009}}</ref> | |||
⚫ | Al Fahim signed the first agreement (Memorandum of Understanding) with |
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On 4 October 2009 it was reported by Reuters that the Soccer-Portsmouth owner Al-Fahim to sell majority shareholding in the Premier League club to Ali al-Faraj <ref>{{cite web |title=Soccer-Portsmouth owner Al-Fahim to sell majority shareholding |url=https://uk.reuters.com/article/soccer-england-portsmouth/soccer-portsmouth-owner-al-fahim-to-sell-majority-shareholding-idUKL303050020091003?rpc=401&&pageNumber=2&virtualBrandChannel=0 |website=Reuters |accessdate=4 October 2009}}</ref>. | |||
In 2018 it was alleged that Al Fahim stole £5 million from his wife to fund the purchase of Portsmouth Football Club and was sentenced in his absence by Dubai 1st instance court to five years in jail.<ref>{{cite web |title=Sulaiman Al Fahim: Ex- Portsmouth owner jailed for stealing £5m from wife to buy club |url=https://www.bbc.co.uk/sport/football/43055733 |website=BBC Sport |publisher=BBC Sport |accessdate=30 August 2019}}</ref> | |||
===Media Career=== | |||
==== Books ==== | |||
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==== Television ==== | |||
⚫ | Al-Fahim |
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== Humanitarian Work == | |||
In December 2008, Al Fahim was appointed by the Intergovernmental Institution for the use of Micro-algae Spirulina Against Malnutrition (IIMSAM) as a Goodwill Ambassador at Large in support of the United Nations Millennium Development Goals by encouraging the use of Spirulina to eradicate malnutrition. | |||
<ref>{{cite web |title= Arabian Business|url=https://www.arabianbusiness.com/people/dr-sulaiman-al-fahim-155618.html/}}</ref> | |||
Al Fahim is an advocate of the International Renewable Energy Organization (IREO) he has attended the event at the United Nations in New York in 2009.<ref>{{cite web |last1=McGinnis |first1=Paul |title=Pathways to Peace: Green Building Blocks East -West |url=http://www.thenewyorkgreenadvocate.com/2009/10/ |website=New York Green Advocate |publisher=New York Green Advocate |accessdate=6 October 2011}}</ref> He is determined to provide affordable houses and hospitals for less developed countries.<ref>{{cite web |last1=McGinniss |first1=Paul |title=Pathways to Peace: green Building Blocks East - West |url=http://www.thenewyorkgreenadvocate.com/2009/10/ |website=New York Green Advocate |publisher=New York Green Advocate |accessdate=3 October 2011}}</ref> | |||
== Recognition and Honors == | |||
Over the years Al Fahim was recognized and honored for his achievements and hard work by various organizations and individuals in senior positions around the world. | |||
In March 2009, Al Fahim was listed fourth in Arabian Business magazine's list of "The Worlds most influential Arabs".<ref>{{cite web |last1=Bhoyrul |first1=Anil |title=FLASHBACK: The 2009 Power 100 List |url=https://www.arabianbusiness.com/flashback--2009-power-100-list-150372.html |website=Arabian Business |publisher=Arabian Business |accessdate=30 March 2010}}</ref> He was also listed eighty seven in 2012 and eighty three in 2013 as "The Worlds most influential Arabs" in Arabian Business magazine.<ref>{{cite web |title=Arabian Business Power 500 2013 |url=https://www.arabianbusiness.com/arabian-business-power-500-2013-493796.html |website=Arabian Business |publisher=Arabian Business |accessdate=5 October 2015}}</ref> | |||
In November 2008 Al Fahim was honored with a gold medal of excellence from HM Tuanku Mizan Zainal Abidin, The King of Malaysia, for his work supporting Equestrian activities worldwide. Al Fahim was honored with this distinction during the FEI World Endurance Championship 2008 in Malaysia.<ref>{{cite web|url=http://www.arabianbusiness.com/press-release/?pressReleaseId=31243|title=HM The King of Malaysia honours Dr. Sulaiman Al Fahim for his tireless support to global sports|date=6 November 2008|work=]|accessdate=19 October 2010|author=Press release}}</ref> | |||
The Mayor of Los Angeles and the President of LA City Counsel Awarded Al Fahim with Real Estate Developer of the Year for his entrepreneurial skills and community service. | |||
⚫ | Al-Fahim was president of ] from 2008 until 2012.<ref>{{cite web |last1=Huang |first1=Carol |title=UAE plays Kingmaker as chess politicians wage battle for the top job |url=https://www.thenational.ae/uae/uae-plays-kingmaker-as-chess-politicians-wage-battle-for-the-top-job-1.487706 |work=The National |date=7 August 2010 |access-date=8 August 2010}}</ref> Al Fahim published the book ''Brand Builder''.<ref name=":0" /> Al-Fahim was the founder and host of a business themed ] show ''Hydra Executives'' which was launched in Spring 2008.<ref name="HE">{{cite web|title=Hydra Executives – CEO|url=http://www.hydraexecutives.com/ceo.html|archive-url=https://web.archive.org/web/20080411192200/http://www.hydraexecutives.com/ceo.html|archive-date=11 April 2008|access-date=16 October 2009}}</ref> It had a run of two seasons.<ref>{{cite web|last1=Swan|first1=Melanie|title=Hydra Executives begins filming its second season|url=https://www.thenational.ae/uae/hydra-executives-begins-filming-its-second-season-1.230104?videoId=5766484581001|access-date=8 October 2010|work=The National|date=27 July 2008 }}</ref> | ||
In September 2008, Al Fahim was presented with a certificate of Special Congressional Recognition by a member of the Congress. | |||
⚫ | === Manchester City F.C.=== | ||
Al Fahim was recognized by being named The Friends of South Asian American Communities by the Los Angeles County Sheriff's Department. | |||
⚫ | Al-Fahim was involved in the deal in which the Abu Dhabi royal family took over ] in 2008. He looked at various clubs on behalf of the Abu Dhabi royal family and suggested that they buy Manchester City. Al-Fahim signed the first agreement (Memorandum of Understanding) with the legal representative of the former ], ], who owned Manchester City.<ref>{{Cite web|title=Abu Dhabi investors buy Manchester City|url=https://www.ft.com/content/abf1a412-784f-11dd-acc3-0000779fd18c?segmentid=acee4131-99c2-09d3-a635-873e61754ec6|access-date=2021-05-05|website=www.ft.com}}</ref> Al-Fahim then presented the offer to the Abu Dhabi United Group where ] took the final agreement forward and took over Manchester City.<ref>{{cite news |last1=Montague |first1=James |title=The Crazy World of Dr Al Fahim |url=https://www.theguardian.com/sport/blog/2008/oct/23/man-city-alfahim |work=The Guardian|date=23 October 2008 |access-date=8 October 2009}}</ref> | ||
⚫ | ===Portsmouth F.C.=== | ||
A member of the senate recognized Al Fahim as the Real Estate Developer of the Year. | |||
In 2009, Al-Fahim owned ] for six weeks.<ref name=":1">{{Cite news|title=Man stole £5m from wife to buy Portsmouth|language=en-GB|work=BBC Sport|url=https://www.bbc.co.uk/sport/football/43055733|access-date=2021-05-05}}</ref><ref>{{cite web |title=Soccer-Portsmouth owner Al-Fahim to sell majority shareholding |url=https://uk.reuters.com/article/soccer-england-portsmouth/soccer-portsmouth-owner-al-fahim-to-sell-majority-shareholding-idUKL303050020091003?rpc=401&&pageNumber=2&virtualBrandChannel=0 |work=Reuters|access-date=4 October 2009}}{{dead link|date=September 2024|bot=medic}}{{cbignore|bot=medic}}</ref> In 2018, he was convicted and sentenced to five years in jail for stealing £5 million from his wife to fund the purchase of Portsmouth.<ref name=":2">{{cite news |title=Sulaiman Al Fahim: Ex- Portsmouth owner jailed for stealing £5m from wife to buy club |url=https://www.bbc.co.uk/sport/football/43055733 |work=BBC Sport |access-date=30 August 2019}}</ref> In the aftermath of Al-Fahim's brief stint at Portsmouth, the Premier League tightened its rules on ownership.<ref name=":1" /> | |||
==References== | ==References== | ||
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Latest revision as of 05:30, 24 October 2024
President of the Arab Union for Real Estate DevelopmentThis article may have been created or edited in return for undisclosed payments, a violation of Misplaced Pages's terms of use. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. (October 2023) |
Sulaiman Al-Fahim سليمان الفهيم | |
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Born | 1976 or 1977 (age 47–48) Dubai, United Arab Emirates |
Alma mater | American University United Arab Emirates University |
Occupation | Businessman |
Website | sulaimanalfahim |
Sulaiman Abdul-Karim Mohammed Al-Fahim (born 1976 or 1977) is an Emirati television personality and self described billionaire businessman in the UAE real estate sector. He was involved in the deal in which the Abu Dhabi royal family obtained Manchester City F.C. In 2008, he was convicted and sentenced to five years in jail by a UAE court for stealing £5 million.
Early life and education
Al-Fahim was born in Dubai in 1977. He obtained his master's degree in Finance and Real Estate from the American University in Washington, D.C. He has claimed that he has a PhD in Real Estate from American University, but there is no record of him earning a PhD from the school and the school does not offer a PhD in real estate. Nonetheless, Al-Fahim uses the honorific "Dr."
In 1998, Al-Fahim lost his parents and brother in a car accident.
Career
Al-Fahim heads the real estate company Hydra Properties, which is owned by the Royal Group, an investment conglomerate headed by Tahnoun bin Zayed Al Nahyan, a member of the royal family in Abu Dhabi.
Al-Fahim was president of UAE Chess Federation from 2008 until 2012. Al Fahim published the book Brand Builder. Al-Fahim was the founder and host of a business themed reality television show Hydra Executives which was launched in Spring 2008. It had a run of two seasons.
Manchester City F.C.
Al-Fahim was involved in the deal in which the Abu Dhabi royal family took over Manchester City in 2008. He looked at various clubs on behalf of the Abu Dhabi royal family and suggested that they buy Manchester City. Al-Fahim signed the first agreement (Memorandum of Understanding) with the legal representative of the former Prime Minister of Thailand, Thaksin Shinawatra, who owned Manchester City. Al-Fahim then presented the offer to the Abu Dhabi United Group where Mansour bin Zayed Al Nahyan took the final agreement forward and took over Manchester City.
Portsmouth F.C.
In 2009, Al-Fahim owned Portsmouth F.C. for six weeks. In 2018, he was convicted and sentenced to five years in jail for stealing £5 million from his wife to fund the purchase of Portsmouth. In the aftermath of Al-Fahim's brief stint at Portsmouth, the Premier League tightened its rules on ownership.
References
- ^ Sayed, Sara (23 May 2008). "Hydra CEO shares his success story". Gulf News. Retrieved 2 October 2010.
- https://www.forbes.com/forbes/2010/0329/billionaires-2010-middle-east-dubai-sulaiman-fahim-middle-eastern-mirage.html
- ^ Thomas, Landon Jr. (8 June 2009). "Questions About a Desert Village". The New York Times. ISSN 0362-4331. Retrieved 5 May 2021.
- ^ "Sulaiman Al Fahim: Ex- Portsmouth owner jailed for stealing £5m from wife to buy club". BBC Sport. Retrieved 30 August 2019.
- Huang, Carol (7 August 2010). "UAE plays Kingmaker as chess politicians wage battle for the top job". The National. Retrieved 8 August 2010.
- "Hydra Executives – CEO". Archived from the original on 11 April 2008. Retrieved 16 October 2009.
- Swan, Melanie (27 July 2008). "Hydra Executives begins filming its second season". The National. Retrieved 8 October 2010.
- "Abu Dhabi investors buy Manchester City". www.ft.com. Retrieved 5 May 2021.
- Montague, James (23 October 2008). "The Crazy World of Dr Al Fahim". The Guardian. Retrieved 8 October 2009.
- ^ "Man stole £5m from wife to buy Portsmouth". BBC Sport. Retrieved 5 May 2021.
- "Soccer-Portsmouth owner Al-Fahim to sell majority shareholding". Reuters. Retrieved 4 October 2009.