At ALO, we’ve always aimed to explore the deeper stories—where heritage meets innovation, and where cultural roots find resonance on the global stage. That’s why it was meaningful to see our founder, Wafa Kanan, included in Forbes’ recent spotlight on Arab luxury, alongside other voices helping shape the future of the industry.
In the May 27 feature, The State of Arab Luxury: The Major Players Behind The Brands, journalist R. Daniel Foster explores a luxury market now valued at $16.9 billion across the Gulf Cooperation Council. As the industry experiences near double-digit growth and global visibility, voices like Kanan’s are helping steer the dialogue.
“The opening of new luxury shopping destinations in Riyadh could encourage wealthy Saudis to spend more of their money domestically,” Kanan told Forbes, reflecting on the regional impact of massive new developments like Solitaire Mall and the upcoming Avenues Riyadh. “That would boost the local economy and create new opportunities for luxury businesses in the region.”
As founder and publisher of ALO– Kanan has consistently championed the vision of a more inclusive luxury landscape, one where Arab identity isn’t just represented but leads.
She added: “The region’s booming luxury industry was greatly influenced by Lebanese entrepreneurs and designers,” citing luminaries like Elie Saab, Zuhair Murad, and Reem Acra. “Lebanese nationals have long been known for their exquisite taste and eye for detail, making them a perfect fit for the world of luxury.”
Wafa Kanan’s inclusion in this global spotlight reaffirms what ALO has always stood for: the power of cultural identity, the beauty of innovation, and the importance of representation. Her voice carries the resonance of a region whose stories are still being written—and whose influence continues to rise.
