DP World
In 1991, Al Maktoum merged the Jebel Ali Port and Free Zone and Port Rashid to form the Dubai Ports Authority. In 1999, he founded Dubai Ports International to explore overseas acquisitions and management contracts which, in 2005, was folded into the Dubai Ports Authority to form DP World. In 2006, the company acquired P&amp;O for $7 billion. The acquisition led to the DP World controversy after a number of US politicians and lobbyists raised concerns regarding the safety of six ports acquired by DP World as part of the acquisition of P&amp;O. DP World subsequently divested the ports in question.