Deezer Mena has launched a string of Arabic podcasts. Courtesy Deezer Mena
Deezer Mena has launched a string of Arabic podcasts. Courtesy Deezer Mena
Deezer Mena has launched a string of Arabic podcasts. Courtesy Deezer Mena
Deezer Mena has launched a string of Arabic podcasts. Courtesy Deezer Mena

From exclusive hits to original podcasts: How Deezer is trying to turn up the volume for regional talent


Saeed Saeed
  • English
  • Arabic

A new Arabic podcast invites listeners inside the region’s most evil minds.

Available to stream on Deezer, Al Jareema examines some of the Arab world's most horrific crimes and the killers behind them.

From Jordanian couple Bilal Musa and Susan Ibrahim, who murdered 12 people between 1994 and 1998, to the deadly trail left by Egypt's infamous siblings Raya and Sakina in the early 1900s, the scripted series blends chilling reportage with interviews with psychologists' takes.

The bold true crime programme is the latest to be produced by Deezer's Mena team, who have their headquarters in Dubai Internet City. And Al Jareema is just the opening salvo of original content relating to the region, says chief executive Tarek Mounir.

"It is a big part of our content strategy," he tells The National. "But a lot of what we do and how we behave depends on what we read from the data we receive. What we are doing is testing and the feedback we are getting from the podcasts allows us to know how the content is perceived."

On the front line of that push is Deezer Mena’s head of content, Mark Abou Jaoude.

In addition to launching an Arabic podcast section, which includes non-original content such as music series Dum Dum Tak and the literary show One Thousand and One Nights, he says commissioned productions aim to fill the gaps missing in the Arabic podcast sphere.

An example of which, he says, is Saudi Today, launched last October and hosted by Saudi Arabian actress and rapper Amy Roko.

"There is not a lot of audio content that is really reflecting and talking about youth culture in Saudi Arabia," Jaoude says. "So we wanted to offer that. We wanted to show the innovation of Saudi and what's really happening there. And Amy Roko really embodies that young spirit and creativity found in the kingdom."

Saudi Arabian comedienne Amy Roko, as featured in 'Under the Abaya'. Photo Lina Mo
Saudi Arabian comedienne Amy Roko, as featured in 'Under the Abaya'. Photo Lina Mo

The home of Rotana

It is these kind of strategic moves that are defining Deezer Mena's entry into the region.

Celebrating its second anniversary last October, the French company launched in Mena after Anghami and Apple Music made their respective services available in 2012 and 2015. Spotify followed Deezer a month later.

To stand out among the pack, the platform focused on mixing exclusivity with regional engagement.

In a first-of-its-kind move, Deezer Mena shocked the Arab music industry in 2018 by signing an exclusive digital distribution deal with the Middle East's biggest record company Rotana Music, home to Emirati singer Hussain Al Jassmi, Iraqi crooner Kadim Al Sahir and Lebanese singer Elissa.

That move continues to bear fruit. In February, Deezer was the only place where you could hear Fedwat Oyounak, the hotly anticipated new album by Emirati pop star Ahlam.

However, not everyone was pleased by the deal.

Elissa reportedly decried the move after the label removed her catalogue from rival streaming platform Anghami (where she had racked up more than 500 million plays) in favour of Deezer.

Mounir, while not directly addressing Elissa’s case, says he doesn’t view the platform’s exclusive rights as inhibiting any artist's career.

He points out that listeners can access any Rotana artist's song through the platform's free tier, with some of the songs eventually becoming available on YouTube.

“While there is an advantage for Deezer having that content, our intention is not to ring-fence anything,” he says. “That is not really the spirit of the deal. We came to the region to be a local hero for artists.”

How can an artist stay afloat online

This is Abou Jaoude’s mandate.

Part of his role is not only to strike partnership deals with artists and brands, but to work with emerging artists to help them understand the digital music ecosystem.

As a DJ and recording artist himself, Abou Jaoude says streaming platforms offer plenty of opportunities to learn if you know how to use them.

“You can access a lot of great information about your work [as an artist] from a platform like ours, from where your songs are being heard to which parts of the track they like and when they skip. That information is really helpful when it comes to creating your sound,” he says.

“The challenge, however, is that there is a lot of competition. So to maintain your profile you need to produce new content. But with the right information, artists can produce better content because they get a better idea of what listeners want.”

As the company continues to make further inroads across the region, Abou Jaoude expects even more dynamic content, from music to podcasts, to emerge.

“It is really exciting,” he says.

“The amount of talent that is already in this region is really substantial. Our job is to not show it only for us who live here, but to those outside as well."

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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

RESULTS

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Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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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.”

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Squid Game season two

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Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

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