Last weekend, Qatar played host to the seventh Fashion Trust Arabia, an award rapidly becoming a bellwether for the region’s rising design talent. Conceived as both prize and platform, FTA offers not only funding, but also the kind of support that can open doors in an increasingly saturated global market.
This year’s winners reflect the breadth of the Middle East and North Africa’s creative landscape. Moroccan designer Youssef Drissi, founder of Late For Work, claimed the Ready-to-Wear award, while compatriot Leila Roukni secured the Accessories prize. In Evening Wear, the judges awarded Saudi designer Ziyad Albuainain, and Bahrain’s Touchless took home the Fashion Tech distinction. Egypt’s FYR emerged as the standout in the Jewellery category.
With grants ranging from $100,000 to $200,000, FTA’s backing provides a genuine financial lifeline. A runway show may offer the purest expression of a creative vision, but staging one can cost up to $150,000 – prohibitively expensive for young labels. Fashion prizes, in contrast, offer both financial firepower and global exposure, as well as proximity to industry power brokers that money cannot buy.
It’s a model with a proven pedigree. The International Woolmark Prize famously launched Karl Lagerfeld and Yves Saint Laurent in 1954. Since 1989, the British Fashion Awards – now simply the Fashion Awards – have helped elevate names such as Dior creative director Jonathan Anderson (who was in Qatar for the FTA ceremony), Burberry's Daniel Lee, Grace Wales Bonner of Hermes, Erdem, Craig Green and Simone Rocha.
The LVMH Prize has boosted talents from Thebe Magugu to Casablanca by Charaf Tajer, while the CFDA Fashion Fund has long been a springboard for American designers, including Thom Browne and The Row. The Queen Elizabeth II Award for British Design has similarly expanded the exposure of SS Daley, Priya Ahluwalia and Richard Quinn.
Evidently, the case for financial aid in building long-term, sustainable careers is overwhelming.
Since launching in 2018, the non-profit FTA has been replicating the same grass roots support. In the UAE capital, the Abu Dhabi Music & Arts Foundation x Dolce & Gabbana prize offers a paid internship to Emirati fashion and jewellery designers, while Dubai Fashion Week continues to raise the profile of regional designers with its roll-call of global brands, with Italian designer Alberta Ferretti the latest guest of honour confirmed for the February 2026 edition.
In Saudi Arabia, the Fashion Fund was announced in September. Rather than a prize, it is set up for private equity investments, but its focus on fashion is still noteworthy.
FTA benefits from the considerable backing of Mayhoola, the Qatari investment group behind Valentino, Balmain and Pal Zileri – support the fashion weeks of London and New York, both under strain, must eye with envy. Mayhoola chief executive Rachid Mohamed Rachid sits on the FTA board and judging panel, while Sheikha Moza bint Nasser, the mother of Emir of Qatar Sheikh Tamim, serves as honorary chair.
Their involvement ensures the calibre of attention few emerging designers could otherwise hope to access. This year alone, FTA attracted luminaries including Balenciaga creative director Pierpaolo Piccioli, Conde Nast chief content officer Anna Wintour, French actresses Juliette Binoche and Isabelle Adjani, and Hollywood actor Adrien Brody.
The 2025 jury comprised Lebanese couturiers Zuhair Murad and Rabih Kayrouz, Italian designer Giambattista Valli, Swiss-Chilean model Paloma Elsesser, Schiaparelli creative designer Daniel Roseberry, Jordanian-Romanian shoe designer Amina Muaddi and Imran Amed, founder of Business of Fashion. Miuccia Prada, meanwhile, flew into the Qatari capital to accept a Lifetime Achievement Award.
For designers, the exposure such events and platforms brings is invaluable. Palestinian designer Ayham Hassan, for example, picked up the Debut Talent award, soon after winning the British Fashion Council x Net-a-Porter and the Mr Porter Education Fund awards.
With work that draws heavily on his Palestinian heritage, and filled with traditional embroidery made by women in the West Bank, Hassan told TN Magazine that such platforms brought him to a new audience, while nods from industry leaders serve as validation to continue. “It was incredible to be recognised,” he said.
In an industry where two-thirds of start-ups fold within a decade, an infusion of capital – paired with mentorship – can mean the difference between a label gaining traction or quietly vanishing.
With its reach and credibility, Fashion Trust Arabia offers a blueprint for nurturing emerging talent while elevating the region’s creative standing. Having paved the way, and with similar ecosystem-building prizes now increasingly available across the region, the future looks bright for young Arab designers.
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INDIA SQUAD
Virat Kohli (capt), Rohit Sharma, Shikhar Dhawan, KL Rahul, Vijay Shankar, MS Dhoni (wk), Kedar Jadhav, Dinesh Karthik, Yuzvendra Chahal, Kuldeep Yadav, Bhuvneshwar Kumar, Jasprit Bumrah, Hardik Pandya, Ravindra Jadeja, Mohammed Shami
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
QUALIFYING RESULTS
1. Max Verstappen, Netherlands, Red Bull Racing Honda, 1 minute, 35.246 seconds.
2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
3. Lewis Hamilton, Great Britain, Mercedes, 1:35.332.
4. Lando Norris, Great Britain, McLaren Renault, 1:35.497.
5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:35.571.
6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
8. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:36.046.
9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.
Eliminated after second session
11. Esteban Ocon, France, Renault, 1:36.359.
12. Daniel Ricciardo, Australia, Renault, 1:36.406.
13. Sebastian Vettel, Germany, Ferrari, 1:36.631.
14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.
Eliminated after first session
15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
16. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:37.555.
17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 268hp at 5,600rpm
Torque: 380Nm at 4,800rpm
Transmission: CVT auto
Fuel consumption: 9.5L/100km
On sale: now
Price: from Dh195,000
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Name: Hassan Mohsen Elhais
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Genes in Space is an annual competition first launched by the UAE Space Agency, The National and Boeing in 2015.
It challenges school pupils to design experiments to be conducted in space and it aims to encourage future talent for the UAE’s fledgling space industry. It is the first of its kind in the UAE and, as well as encouraging talent, it also aims to raise interest and awareness among the general population about space exploration.
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Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
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.”
The Baghdad Clock
Shahad Al Rawi, Oneworld
Jordan cabinet changes
In
- Raed Mozafar Abu Al Saoud, Minister of Water and Irrigation
- Dr Bassam Samir Al Talhouni, Minister of Justice
- Majd Mohamed Shoueikeh, State Minister of Development of Foundation Performance
- Azmi Mahmud Mohafaza, Minister of Education and Minister of Higher Education and Scientific Research
- Falah Abdalla Al Ammoush, Minister of Public Works and Housing
- Basma Moussa Ishakat, Minister of Social Development
- Dr Ghazi Monawar Al Zein, Minister of Health
- Ibrahim Sobhi Alshahahede, Minister of Agriculture and Minister of Environment
- Dr Mohamed Suleiman Aburamman, Minister of Culture and Minister of Youth
Out
- Dr Adel Issa Al Tawissi, Minister of High Education and Scientific Research
- Hala Noaman “Basiso Lattouf”, Minister of Social Development
- Dr Mahmud Yassin Al Sheyab, Minister of Health
- Yahya Moussa Kasbi, Minister of Public Works and Housing
- Nayef Hamidi Al Fayez, Minister of Environment
- Majd Mohamed Shoueika, Minister of Public Sector Development
- Khalid Moussa Al Huneifat, Minister of Agriculture
- Dr Awad Abu Jarad Al Mushakiba, Minister of Justice
- Mounir Moussa Ouwais, Minister of Water and Agriculture
- Dr Azmi Mahmud Mohafaza, Minister of Education
- Mokarram Mustafa Al Kaysi, Minister of Youth
- Basma Mohamed Al Nousour, Minister of Culture
Match info
Manchester United 1
Fred (18')
Wolves 1
Moutinho (53')
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Match info
Costa Rica 0
Serbia 1
Kolarov (56')
Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
ESSENTIALS
The flights
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes.
Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
Gulf Men's League final
Dubai Hurricanes 24-12 Abu Dhabi Harlequins
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The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
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