1. Paolo Khayat

Age: 24
Occupation: Cofounder and CEO of Libas
Nationality: Lebanese
Residence: U.A.E.
Category: Commerce & Finance

Libas is a social marketplace for buying and selling authentic pre-owned designer pieces. It was established in Lebanon in 2022 before expanding to the U.A.E. Libas' GMV is growing at an average of 37% month on month. Khayat secured $500,000 in angel funding. It plans to add an AI-powered tool that helps the authentication team spot counterfeit bags.