• Sarisha Ved, founder of F5. Photo: F5
    Sarisha Ved, founder of F5. Photo: F5
  • Founded in Dubai, F5 only uses cotton certified by the Global Organic Textile Standard. All photos: F5
    Founded in Dubai, F5 only uses cotton certified by the Global Organic Textile Standard. All photos: F5
  • The collection includes super-soft tracksuit bottoms.
    The collection includes super-soft tracksuit bottoms.
  • F5 caters to men and women and recently added a children's line.
    F5 caters to men and women and recently added a children's line.
  • F5 wants to help customers 'refresh' their shopping habits.
    F5 wants to help customers 'refresh' their shopping habits.
  • Many pieces are decorated with aspirational sayings and quotes.
    Many pieces are decorated with aspirational sayings and quotes.
  • Sarisha Ved started working on the label when she was just 14 years old.
    Sarisha Ved started working on the label when she was just 14 years old.
  • Comfort is key to the F5 proposition.
    Comfort is key to the F5 proposition.
  • The sale of Tees for Fees T-shirts has raised Dh60,000 ($16,300) for the Emirates Red Cresent in two years
    The sale of Tees for Fees T-shirts has raised Dh60,000 ($16,300) for the Emirates Red Cresent in two years

The 16-year-old behind F5, the sustainable athleisure brand in Dubai that's going places


  • English
  • Arabic

While many teenagers are probably spending their summers perfecting TikTok dances and sleeping in, Sarisha Ved is preparing to launch her athleisure brand F5 in the UK.

Established in the UAE in March 2021, F5 offers sustainable hoodies, tracksuit bottoms, T-shirts and reusable face masks, for men, women and, most recently, children.

And, remarkably, its founder is but 16 years old.

Hailing from a line of self-starters (“entrepreneurship has always been in my family", she says), Sarisha knew from the age of 14 she wanted to do something mixing her eye for fashion with her desire to positively contribute to the world around her.

Sustainable fashion is not easily accessible to the general public. So I wanted to fuse my passion for sustainability and business into one," she says.

F5 pieces are produced using Global Organic Textile Standard-certified cotton, which adheres to strict criteria in terms of transparency, eco-friendliness and social responsibility. In addition, each piece is made in factories committed to the Sedex standards of improved working conditions.

Such parameters are fundamental to her business model, Sarisha insists. “We use 100 per cent organic cotton for everything. From fabrics to zips to design prints, it is all sustainably and consciously produced.

"It took me more than six months to find the right factory; we wanted someone who was certified to the organisation's strict standards. Also, all our manufacturers are Sedex-certified, too, so they don’t have children making the clothes and they pay a minimum wage.”

A so-called "third-culture kid", Sarisha was raised in Dubai by Indian parents and was brought up to be aware of how fortunate she is. “A few years ago, I went to India with my parents and my dad told me we were going to see a school, and give the children shoes, books and pens," she says.

Tees for Fees Tshirts at F5. Photo: F5
Tees for Fees Tshirts at F5. Photo: F5

“When we arrived, the organiser told us the children had walked two hours from their village and waited three hours, just to get things in my daily life that I never expected other people to have to wait for. Such a small change made such a big difference in these children’s life.

"It also made me realise the things we take for granted are things other people dream of. It was a life-changing experience.”

Inspired and determined to help back in Dubai, Sarisha established Tees for Fees, selling T-shirts made from organic materials to raise money to help underprivileged children gain an education. Two years on, she has raised Dh60,000 ($16,300) for the Emirates Red Crescent.

The success of Tees for Fees showed Sarisha it is possible for everyone to make a positive impact. "Even a small change in the world, is still a change in the world,” she says.

When it came to choosing her International Baccalaureate personal project in Year 11 at school, she knew it would be a sustainable, ethical clothing brand. She called it F5.

However, the search for suppliers who adhered to her strict ethical standards took an agonising six months, much to her teacher's consternation. “My tutor was going wild at this point, saying: 'How are you going to finish this? We have one month left and you have only just found a manufacturer.' I said: 'I've got this, don’t worry.' Two weeks before I had to submit my project, the clothes arrived."

Sarisha quickly understood it was the start of something bigger for her. “It was a game changer for me — I realised I enjoy doing this. I love being able to help other people," she says.

Today, F5 offers classic pieces, which are soft and comfortable, come in neutral tones of white, black, beige, grey and light blue, and are decorated with phrases such as "Vote Earth" in speech marks, in an echo of the style created by Virgil Abloh at Off-White. Elsewhere, leggings and tracksuit bottoms have the word "Refresh" emblazoned down one leg.

Bridging the gap between functional, desirable clothing and protecting the people who make them is a driving force for Sarisha.

“Having an ethical stance is extremely important to me," she says. "I am trying to make an impact with the clothes I sell, but I can’t make that impact if I don’t help other people in the process.”

Recently, she added childrenswear to F5. "We are the next generation," she says. "And, parents can explain to their children why it's important to buy sustainable things and support ethical brands, instead of brands that just want to make money.”

Targeting anyone between the age of 12 and 30 “who loves hoodies and tracksuit bottoms and wants to change the world”, Sarisha is now taking her company to London for its first international pop-up shop, running from August 22 to 28 on Oxford Street.

“I have been going to London since I was born and can say Oxford Street is the busiest high street in Europe," she adds. "It’s the perfect spot to start.”

As part of the company's unfolding story, Sarisha has made Tees for Fees a core component of F5 and will add one fundraising project per year.

“F5 has made me think, what else I can do, what other lines can I come out with that will help others?" she says. "The whole campaign about F5 and Tees for Fees has been about how to help other people."

Still at the start of her entrepreneurial journey, Sarisha is passionate about the future. “It may be hard to start a company at the age of 15, but when it starts to work by itself, it is the best feeling," she says.

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Story%20behind%20the%20UAE%20flag
%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A
It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

HOW%20TO%20ACTIVATE%20THE%20GEMINI%20SHORTCUT%20ON%20CHROME%20CANARY
%3Cp%3E1.%20Go%20to%20%3Cstrong%3Echrome%3A%2F%2Fflags%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3E2.%20Find%20and%20enable%20%3Cstrong%3EExpansion%20pack%20for%20the%20Site%20Search%20starter%20pack%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3E3.%20Restart%20Chrome%20Canary%3C%2Fp%3E%0A%3Cp%3E4.%20Go%20to%20%3Cstrong%3Echrome%3A%2F%2Fsettings%2FsearchEngines%3C%2Fstrong%3E%20in%20the%20address%20bar%20and%20find%20the%20%3Cstrong%3EChat%20with%20Gemini%3C%2Fstrong%3E%20shortcut%20under%20%3Cstrong%3ESite%20Search%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3E5.%20Open%20a%20new%20tab%20and%20type%20%40%20to%20see%20the%20Chat%20with%20Gemini%20shortcut%20along%20with%20other%20Omnibox%20shortcuts%20to%20search%20tabs%2C%20history%20and%20bookmarks%3C%2Fp%3E%0A
MATCH INFO

Arsenal 1 (Aubameyang 12’) Liverpool 1 (Minamino 73’)

Arsenal win 5-4 on penalties

Man of the Match: Ainsley Maitland-Niles (Arsenal)

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
UAE currency: the story behind the money in your pockets
Match info

Manchester United 1
Fred (18')

Wolves 1
Moutinho (53')

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

The past winners

2009 - Sebastian Vettel (Red Bull)

2010 - Sebastian Vettel (Red Bull)

2011 - Lewis Hamilton (McLaren)

2012 - Kimi Raikkonen (Lotus)

2013 - Sebastian Vettel (Red Bull)

2014 - Lewis Hamilton (Mercedes)

2015 - Nico Rosberg (Mercedes)

2016 - Lewis Hamilton (Mercedes)

2017 - Valtteri Bottas (Mercedes)

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

Tell Me Who I Am

Director: Ed Perkins

Stars: Alex and Marcus Lewis

Four stars

Results

5pm: Warsan Lake – Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Dhaw Al Reef, Sam Hitchcott (jockey), Abdallah Al Hammadi (trainer) 

5.30pm: Al Quadra Lake – Maiden (PA) Dh80,000 (T) 1,600m; Winner: Mrouwah Al Gharbia, Sando Paiva, Abubakar Daud 

6pm: Hatta Lake – Handicap (PA) Dh80,000 (T) 1,600m; Winner: AF Yatroq, George Buckell, Ernst Oertel 

6.30pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,600m; Winner: Ashton Tourettes, Adries de Vries, Ibrahim Aseel 

7pm: Abu Dhabi Championship – Listed (PA) Dh180,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami 

7.30pm: Zakher Lake – Rated Conditions (TB) Dh80,000 (T) 1,400m; Winner: Alfareeq, Dane O’Neill, Musabah Al Muhairi.  

Updated: August 17, 2022, 1:02 PM