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Business

Forbes Middle East - English

Forbes Middle East - English

THE RELUCTANT VISIONARY

Sobha Group's Founder, PNC Menon, the U.A.E.'s wealthiest real estate expat billionaire, has built a fully integrated empire of luxury property and interiors. From record 2025 sales to landmark island projects, his next-generation leadership is redefining the region's property landscape.

6 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Jackpot Stock Scare Story

WHAT TO DO IF MUCH OF YOUR WEALTH IS IN A SINGLE ASSET AND YOU DON'T WANT TO BE CLOBBERED BY CAPITAL GAINS TAXES.

5 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Crash-Proof Funds

WORRIED ABOUT A BUBBLE? INNOVATOR CAPITAL HAS 160 ETFS DESIGNED TO LET YOU RIDE THE BULL MARKET WITH YOUR SEAT BELT SECURELY FASTENED.

4 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

BUILDING BLOCKS

As Founder and Chairman, Rizwan Sajan has grown Danube Group into a multi-vertical conglomerate, cementing its position as one of Dubai's most prominent private-sector developers. His latest move, a Shah Rukh Khan-branded tower, introduces one of Danube's most high-profile projects to date.

6 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Leadership: The Journey Continues

Becoming a leader is not a conclusion, it is the beginning of a journey and the Middle East's business elite is putting its best foot forward.

6 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

PROFITING PERSONALLY

Lili Reinhart rode mainstream media to stardom. Now she's building a huge social media fan base to back her entertainment and skin care bets.

2 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

UNLOCKING VALUE

Mahmoud AbdelMaksoud, Cofounder and Co-CEO of Nawy Unlocked, is transforming Egypt's rental market by converting idle unfinished units into income-generating homes. After joining Nawy in January 2025 via acquisition, he plans to scale from 300 units to 7,000 within five years.

5 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

AI's Inner Voice

ELEVENLABS' computer voices are so convincing they could fool your mother. That's both a blessing-its 30 Under 30 alumni founders are now both billionaires- and a curse for the four-year-old company.

5 min  |

Forbes ME December English Issue

Forbes Middle East - English

Inside the Everything Bubble

FROM AN AI-FUELED STOCK RALLY TO RECORD-HIGH GOLD, THE SIGNS ARE STACKING UP THAT NEARLY EVERY ASSET CLASS IS DUE FOR A RECKONING.

1 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Investment, Innovation, Ambition: The GCC Logistics Sector Is Evolving

In a context of economic diversification, shifting trade patterns, and advancing technology, the GCC is developing a logistics sector that is fit for the future.

4 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Big Blue's Quantum Bet

Investors are throwing money at quantum startups. Maybe they should be looking at a more venerable player that has a lot of practice building things.

6 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

The Biggest Arab Billionaire Winners And Losers In 2025

A year defined by shifting markets, and geopolitical turbulence reshaped the fortunes of Arab billionaires in 2025. Here are the top gainers and losers of 2025.

2 min  |

Forbes ME December English Issue

Forbes Middle East - English

Top Performing Newly Listed MENA Companies Of 2025

In 2025 so far, 41 companies debuted on the MENA stock exchanges through IPOs, raising $5.9 billion. Of these, 14 saw their share prices surge, two remained unchanged, while 25 traded below their offer prices. Here are the top new performers, with data as of November 13, 2025.

2 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Top Arab Gold Purchasers Over Two Years

In the wake of rising regional tensions, Arab central banks have doubled down on gold. Prices have skyrocketed 122% since October 7, 2023, hitting $4,067.2 per ounce by November 18, 2025, as per Bloomberg spot prices. Over the same period, the Federal Reserve lowered the federal funds rate from 5.25%-5.5% to 3.75%-4% in October 2025.

2 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

AI In 2026 What To Watch Out For

AI is evolving from a supportive tool to a strategic Force. Here's what experts are forecasting for AI in 2026 and beyond.

2 min  |

Forbes ME December English Issue
Forbes Middle East - English

Forbes Middle East - English

Meet The World's Youngest Billionaires 2025

The world's youngest billionaires, spanning self-made and inherited wealth, have made their mark before turning 25. Spanning industries from pharmaceuticals to gaming, they represent the next generation of global wealth transfer and are collectively worth more than $22.7 billion. Ages, net worths and rankings are as of December 11, 2025.

2 min  |

Forbes ME December English Issue
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.

10+ min  |

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.

5 min  |

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.

2 min  |

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.

2 min  |

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.

4 min  |

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.

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

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.

4 min  |

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.

5 min  |

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.

4 min  |

November 2025 - English - Forbes Middle East
Forbes Middle East - English

Forbes Middle East - English

Top 5 Richest Billionaire CEOs

Here are the five wealthiest billionaires who are also CEOs. Spanning technology, retail, and industrial innovation, they oversee some of the world's most valuable corporations that continue to shape global markets. Net worths are as of October 23, 2025, according to Forbes' real-time billionaires list.

2 min  |

November 2025 - English - Forbes Middle East
Forbes Middle East - English

Forbes Middle East - English

Notable Middle East CEO Appointments of 2025

2025 reshaped the Middle East's executive landscape as leading companies across the region appointed new CEOs to drive growth, innovation, and global expansion. Here are this year's some notable leadership appointments.

3 min  |

November 2025 - English - Forbes Middle East
Forbes Middle East - English

Forbes Middle East - English

The 10 Richest Women In America 2025

For the first time in six years, the number of women on The Forbes 400 list has slipped.

2 min  |

October 2025 ENGLISH
Forbes Middle East - English

Forbes Middle East - English

A DIVERSIFIED INTENTION

Sara Masmoudi, CEO of Kilani Group, has led one of Tunisia's most dynamic growth stories through a strategy anchored in acquisitions, partnerships, and diversification, while keeping healthcare and pharmaceuticals at its heart. Today, she is continuing the group's legacy into its next chapter with bold ambitions to expand deeper into Africa and the Middle East.

7 min  |

October 2025 ENGLISH
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