Last month, Kenyan long-distance runner Hellen Obiri set a course record at the New York City Marathon, clocking 2:19:51. She didn’t only break the old record – she obliterated it by two and a half minutes. And she did so while wearing the Cloudboom Strike LightSpray shoes by On.
A few days later, the exhilaration is still palpable during a chat with On co-founder Olivier Bernhard. “Emotional rollercoaster,” he says. “It gets me every time. Maybe because I’ve been there myself, I have literally been in their shoes. I wish I had run the marathon – probably would’ve been easier than just watching it.”
Obiri’s achievement delights him. “This is what sport is all about. It’s so honest and authentic.”
Bernhard knows exactly what it takes to reach such heights. Before launching On in 2010 with friends David Allemann and Caspar Coppetti, he was a professional athlete – three-time world champion, European champion and 15-time Swiss champion in duathlon and Ironman events. That experience informed the company’s founding mission: to create the ultimate performance footwear.
Searching for the perfect balance between cushioned landing and explosive lift-off, Bernhard began by stapling pieces of garden hose to the soles of shoes. Those experiments evolved into On’s signature CloudTec cushioning: hollow pods that absorb landing energy, then lock together to generate powerful propulsion. Because the pods compress both vertically and horizontally, each shoe adapts to a runner’s individual style.
It was this breakthrough that attracted Swiss professional tennis player Roger Federer, who joined the company as an investor and collaborator in 2019.
Professional insight remains On’s competitive edge, Bernhard says. “Feedback is what allows us to lift every product to the next level. I was a professional athlete, but I was not asked for feedback. It’s a waste of knowledge, as I was the one at the end of the chain demanding the most of the product.”
But building for elite competition comes with pressure. “The dream is to deliver the best power possible. But the New York City Marathon or Olympic Games come with a date. So we have to not only deliver the shoe, but also deliver it when the athlete needs it.”
On’s reputation for performance and coherence continues to grow. Every product is clearly defined by purpose – the Roger for tennis hard courts, the off-road Cloudvista 2 for wet, mixed terrain, the Cloud 6 Waterproof for daily wear. Clothing ranges from ultralight windproof jackets to heat-wicking tops designed for wider training temperatures.
Innovation sits at the centre. The Cloudboom Strike LS worn by Obiri – also used when she took bronze at the Paris 2024 Olympic marathon – is built with On’s new LightSpray technology. A robotic arm winds a continuous thermoplastic thread around a carbon-fibre mould, producing a featherlight, seamless, sock-like shoe in just three minutes, weighing only 170g. “LightSpray is not just another product; it’s a revolutionary long-term innovation, because it’s a new way to make shoes,” Bernhard says.
It’s sustainable, too. The process uses less material, requires smaller machinery and could allow On to create micro-hubs where shoes are made locally, cutting shipping distances and environmental impact.
Another innovation, the Cloudmonster 2, incorporates On’s patented Speedboard – a nylon-blend plate that transfers energy from heel strike into forward propulsion. It stems from Bernhard’s frustration at having to choose between cushioning and responsiveness. “I always thought, how beautiful would it be to combine these two things in one shoe, and deliver a new running sensation.”
When On launched, industry insiders warned against competing with giants such as Nike and Adidas. Bernhard brushed it off. “When we founded On, we were no one. Because I was a runner, I wanted to line up at the start line and see who finishes first.”
The ability to innovate meant the expected battle never materialised. “We thought the finish line was so far off that we would never win. But we actually won very quickly,” he says. Fifteen years in, On reached a market capitalisation of $13.8 billion to $14 billion in November.
But success brings new expectations. “I’ve been a world champion. I wouldn’t say that was easy, but in a naive way, you just race and look around before the finish line and say, OK, I’m the world champion. But second time around, everyone is expecting you to finish first again. That’s the position we’re in now.” His answer lies in the company’s DNA. “We are very proud to have Swiss engineering in our shoes.”
Despite its technical rigour, On has become an unexpected fashion favourite. Its minimalist silhouettes caught the eye of Loewe, resulting in a 2022 capsule that fused Swiss precision with Mediterranean luxury, including the Cloudtilt trainer and its deep, comfort-oriented sole. More recently, the brand unveiled its second collaboration with American actress Zendaya: the Cloudzone Moon, built for all-day wear with CloudTec cushioning.
Still, the athlete’s mindset remains central – curiosity, resilience and learning through failure. “We celebrate the failure of the month,” Bernhard says with a laugh. “It’s not a blaming session at all, because we learn from it.”
The brand is also investing in community. Through run clubs, events and apparel engineered for extreme climates, its mission – “to ignite the human spirit through movement” – is spreading globally, including its first GCC retail space in Riyadh.
Part of that vision includes addressing what happens to shoes at the end of their life. In September, On introduced the Cloudrise Cyclon 1.1, featuring a Speedboard made from leftover materials and recycled Cloudneo shoes – a quiet but meaningful step towards circular design.
“Innovation will remain at the core of everything we do,” Bernhard says. “There’s no reason to deliver just another shoe in a different colour. There has to be underlying innovation pushing us to a higher level. The future is On.”
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
COMPANY%20PROFILE%20
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The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Expert input
If you had all the money in the world, what’s the one sneaker you would buy or create?
“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett
“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche
“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox
“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite
“I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy
“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Pad Man
Dir: R Balki
Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte
Three-and-a-half stars
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Expo details
Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
More than 30,000 volunteers are required for Expo 2020
The site covers a total of 4.38 sqkm, including a 2 sqkm gated area
It is located adjacent to Al Maktoum International Airport in Dubai South
Last 10 NBA champions
2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2