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EXPANDING A FASHION ICON

July 2024

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Forbes Middle East - English

Elie Saab Jr., Group CEO and Vice Chairman of ELIE SAAB, is continuing his father’s legacy well beyond the realm of fashion. While focusing on building a long-lasting legacy, he’s exploring new markets and incorporating a future-focused strategy for running one of the region’s biggest fashion houses.

- NANCY BAHMAD

EXPANDING A FASHION ICON

From the busy streets of bustling Beirut to the most luxurious catwalks of fashionable Paris, over more than 40 years, self-taught Lebanese designer Elie Saab has evolved his eponymous brand from being the expression of a single individual's creative vision to becoming a globally recognized fashion empire.

However, his journey to the top is much more than a personal success story; it's a blueprint for building a timeless brand. "I have followed my dreams and pursued my vision, which have brought me to where I am today. This journey has not been easy, requiring hard work and dedication," says Elie Saab, Founder and Creative Director of ELIE SAAB.

Today, ELIE SAAB is synonymous with elegance and luxury, with the brand's designs regularly hitting the headlines as they grace royalty, celebrities, and brides across the globe. In June 2023, Princess Rajwa AI Hussein wore an ELIE SAAB gown as she married Crown Prince AI Hussein of Jordan, with the U.K.'s Princess Kate Middleton also wearing an ELIE SAAB creation as she attended the event. Jennifer Lopez, Jessica Chastain, Rita Ora, and Jessica Biel are also among the brand's A-list international fans.

While the founder's relentless commitment has evolved his name to legendary status among the fashion elite, today Elie Saab's eldest son is leading the strategic vision of the company. It's proving to be a very successful approach for the family business. According to the company head, last year was the best in the brand's history in terms of revenues and profits. "We are achieving top-line growth," says Elie Saab Jr., Group CEO and Vice Chairman of the Board of ELIE SAAB. "Since 2020, the company has grown with a CAGR of 45%. In the first half of 2024, we saw 31% year to-date growth."

المزيد من القصص من Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

CHICKEN SCRATCH

NO ONE WOULD FINANCE TODD GRAVES' IDEA FOR A RESTAURANT SERVING ONLY CHICKEN FINGERS. SO HE WORKED AS A BOILERMAKER AND SALMON FISHER TO FUND IT HIMSELF. NOW RAISING CANE'S IS ONE OF AMERICA'S HOTTEST FAST-FOOD CHAINS AND GRAVES IS THE COUNTRY'S RICHEST RESTAURATEUR, WORTH $22 BILLION.

time to read

12 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

RIDING THE WAVE

Saudi Arabia's tourism revival under Vision 2030 is creating new opportunities. For Taiba CEO Sultan Al-Otaibi, acting fast is imperative and so is investing $880 million in eight prime projects to keep pace with rising demand.

time to read

5 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

CEO Pay Power Play

Executive compensation across corporate America surged in 2024, driven by stock options and performance bonuses.

time to read

2 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Gold Rally Pushes 5 Arab Reserves Above $145B

Gold hit a historic milestone in October 2025, surpassing $4,350 per ounce for the first time, fuelled by rising geopolitical tensions and expectations of monetary easing.

time to read

2 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

Women Taking Over The Corner Office In 2025

Though women held only 9.8% of CEO roles across S&P 500 companies in Q1 2025, according to Altrata, several notable female leaders have recently taken the helm of major firms globally, from Wall Street to Shanghai, across banking, beauty, aviation, and technology.

time to read

4 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

THE MIDDLE EAST'S 100 TOP CEOs 2025

Our fifth annual list of the Top 100 CEOs in the Middle East spotlights leaders whose influence extends far beyond business performance.

time to read

1 min

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

Value & Victory

FINAL THOUGHT - “If your courage rises when difficulties befall, you are made of the stuff that wins.” —B.C. Forbes

time to read

1 min

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

The World's Highest-Paid Soccer Players 2025

Cristiano Ronaldo leads a group of ten footballers collectively earning $945 million this season, but as the sun sets on his legendary career, two young stars are stepping into the spotlight.

time to read

4 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

EMPOWERING INDUSTRIES

Majed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON), is reshaping Saudi Arabia's industrial landscape, driving growth across 39 industrial cities spanning over 220 million sqm. His focus: modernizing the sector, empowering SMEs, and positioning the kingdom as a global manufacturing and technology hub.

time to read

5 mins

November 2025 - English - Forbes Middle East

Forbes Middle East - English

Forbes Middle East - English

Brain Man

HERRIOT TABUTEAU combined a Yale medical degree with two decades in finance to start biotech firm AXSOME. Now its success with drugs for neurological disorders has made the Haiti-born immigrant a new billionaire.

time to read

4 mins

November 2025 - English - Forbes Middle East

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