The Zegna spring/summer 2026 show took place in Dubai rather than Milan. Chris Whiteoak / The National
The Zegna spring/summer 2026 show took place in Dubai rather than Milan. Chris Whiteoak / The National
The Zegna spring/summer 2026 show took place in Dubai rather than Milan. Chris Whiteoak / The National
The Zegna spring/summer 2026 show took place in Dubai rather than Milan. Chris Whiteoak / The National

Family and legacy: Elie Saab and Gildo Zegna on their shared formula for success


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“Dubai is the centre of the world right now. This is where it happens.”

That is how Gildo Zegna, chairman and chief executive of the Ermenegildo Zegna Group, which owns Zegna, Tom Ford and Thom Browne, explained why the refined gentlemen’s outfitter brought its spring/summer 2026 fashion show to Dubai from its native Milan.

Having transformed Dubai Opera into Villa Zegna – a recreation of the Zegna family home in Milan – for the week, the audience was invited back the day after the fashion show for a panel discussion between Gildo Zegna, his son Angelo, Lebanese couturier Elie Saab and his son, Elie Saab Junior.

Such a line-up would normally signal a new joint venture, collaboration or some other business deal, but instead of being transactional, it unfolded as a surprisingly moving treatise on the importance of family, legacy and passion, as the four shared their experience of running family businesses.

A look from the spring-summer 2026 show by Zegna in Dubai. Chris Whiteoak / The National
A look from the spring-summer 2026 show by Zegna in Dubai. Chris Whiteoak / The National

Both the Elie Saab and Zegna companies have grown far beyond their beginnings. Elie Saab started making couture in Beirut in 1982, and today tops an empire that spans haute couture, ready-to-wear, perfume, interiors, real estate and even yachts. Much of this was spearheaded by his son, Elie Saab Junior, who joined his father as brand director in 2012 and is now group chief executive and vice chairman.

He outlined his admiration for his father, who started in a country torn apart by war. “Seeing him have a very strong vision and a very important dream, which at the time was difficult to even think of. Taking his suitcase on a boat to Cyprus, then a plane to present his collection to clients all over the world is an inspiration on its own.”

Elie Saab with Celine Dion at 1001 Seasons of Elie Saab in Saudi Arabia. Photo: Elie Saab
Elie Saab with Celine Dion at 1001 Seasons of Elie Saab in Saudi Arabia. Photo: Elie Saab

His father’s passion, he explained, drew him in from a tender age. “I remember I was three, four years old with the seamstresses in the atelier, with the design team, sitting with him in his office, seeing him create his collections.

“Living the heritage of what the brand is today, it is a dream,” he said, explaining that as a family company, it can often spill over into family life. “There’s a very blurred line between our life and our work, and most often, we live our work, and it’s part of our life.”

Angelo Zegna, chief executive of the Europe, Middle East and Africa region and global client strategy director, held a similar view. He described learning from his father, Gildo, from a young age, when he and his brother would skip holidays to join their father on work trips abroad instead. “It was the best retail school we ever had,” he explained.

During these excursions, he witnessed his father hiring people from other fields, because he recognised something in them that would benefit the company.

“Often these were waiters, hotel concierges, people we met on airlines. My father was believing in young people, giving them a chance.”

The Zegna Runway show Spring/Summer 2026 in Dubai. Chris Whiteoak / The National
The Zegna Runway show Spring/Summer 2026 in Dubai. Chris Whiteoak / The National

For his part, Gildo Zegna – who expanded his grandfather’s Italian textile company into a maker of refined menswear – maintains his role is to inspire others to push boundaries, describing himself as an optimist and entrepreneur.

“The master entrepreneur has to be positive,” Gildo said. “I see the glass half full and I think that the most important thing is to keep the entrepreneurial, creative spirit

“One of the things that I’m most proud of is that we have become an employer of choice in the luxury world. It means we are doing things well. With positive energy, we believe in creating new dreams.”

Angelo also explained how the company has learnt to create an environment to best harness different viewpoints. “We think of ourselves, and of the family business, as a house where each generation builds a different floor,” he said.

“We are very respectful of what the previous generations built, but we are here to disrupt that to bring it into the future.”

Finding a common language that can span the age range has been key to evolution, he added. “Both generations started working together. We were young, they were wise.”

Wisdom too, is important to Elie Saab Junior, who is grateful for the lessons his father has passed on. “My father taught me everything I know and gave me the foundation to go through all the challenges in life and never give up,” he said.

“Patience is something I heard a lot while growing up. By being patient, one day after the other, you build strength.”

These are qualities important for today, Gildo Zegna agreed. Although Zegna today is a billion dollar organisation, it is a space where “meritocracy and entrepreneurship are very important. This is the main succession plan, and this is what you instil in the new generation.”

He was also quick to lay success at the feet of the entire team. “There is always talk about stores. I like to talk about the factories because without the artisans, what artistic director Alessandro Sartori has done would have been impossible.”

Inside one of the Elie Saab Residences. Photo: Calvermont
Inside one of the Elie Saab Residences. Photo: Calvermont

As other companies look to reduce costs by shifting manufacturing to cheaper countries, Gildo is aware that his family has a deeper responsibility. “I think that our biggest responsibility is to keep Italian companies in Italy. I can tell you that we’ll be one of the few Italian companies remaining Italian.”

Elie Saab Junior agreed that a company's legacy can never be taken for granted. “You cannot sleep on it. On the contrary, you have to keep on nurturing it, keep on shaping and evolving it, because if you don’t, the legacy will disappear.”

Angelo recalled growing up with “a number”. When Zegna turned 100 in 2010, John Elkann, chairman of the automotive multinational Stellantis, spelt out to Angelo and his brother that “out of 1 million companies, only 44 make it to 100 years. And out of 1 billion, only one makes it to 200 years.”

The message was clear, he said. Having made it to its centenary, the company now had to come together to stand any chance of surviving for another one hundred years.

Elie Saab Junior is aware that the future of the company rests on the shoulders of his father and himself. “I take it with a big responsibility to carry it on to the next generation,” he said.

“I'm very lucky to work with a man like my father. He's not only an inspiration to me but an inspiration to the whole world. So imagine what it is ]like] for me to work with him and learn from him every day.”

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%3Cbr%3E%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

Tonight's Chat on The National

Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.

Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.

Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.

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Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes

JUDAS AND THE BLACK MESSIAH

Directed by: Shaka King

Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons

Four stars

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

John%20Wick%3A%20Chapter%204
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Chad%20Stahelski%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Keanu%20Reeves%2C%20Laurence%20Fishburne%2C%20George%20Georgiou%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Updated: June 17, 2025, 2:02 AM