Elsa Leite Fenabel Dubai 91

    Elsa Leite is a Portuguese entrepreneur and the president of the Association of Entrepreneurs of Paredes. She is also the founder and CEO of Fenabel, a company specialized in producing chairs. In 2007, she opened an office in Dubai, hoping to expand her business in the Middle East. However, in 2009, she faced a nightmare that almost cost her life and her company.

    The partnership gone wrong

    In August 2008, Elsa Leite accepted a new partner for her Dubai office. He was a Lebanese businessman who agreed to pay 75,000 euros for a 51% stake in Fenabel Middle East, the brand created by the Portuguese company for the Arab market. However, he never paid for the furniture that Fenabel supplied him, accumulating a debt of 150,000 euros. Elsa Leite decided to go to Dubai to try to collect the money and resolve the situation.




Elsa Leite Fenabel Dubai 91