For the Fifth Annual Awards Ceremony, FTA had to make some changes and held a two-day online deliberation session for the FTA Prize 2023 finalists in the presence of co-chairs HE Sheikha Al-Mayassa bint Hamad Al-Thani, Tania Fares, and an esteemed panel of judges and advisory board members. The 24 finalists across 6 categories presented their collections, and the FTA Jury selected the 7 winners who will be receiving a financial grant, retail opportunities, and incredible benefits.

The winners from the different categories were: