French maker of high-end audio technology Devialet opened a flagship store in Dubai Mall last month and it echoes the brand’s well-loved minimalist ethos. But the one thing that isn’t minimalist about Devialet is how it sounds. Users can experience this in the Listening Room, an acoustically optimised space where the full impact of the Phantom speakers can be felt in a controlled, immersive setting.
I’m there to interview Devialet chief executive Jacques Demont. When we’re in the room, he noticed my Kiss T-shirt. “I have to play something for you,” he says before queuing up the glam metal band’s 1979 classic, I Was Made for Lovin’ You.
As the song starts, the sound is loud – but not in a way it feels like it is piercing through my ear. “Listen to how clean the sound is,” says Demont excitedly, as the bass fills the space. The clarity of the instruments and vocals makes me feel like I’m standing in the front row at a concert, but in a refined and controlled way.
That isn’t a coincidence. The Devialet Phantom series, much-loved for its compact size yet powerful sound output, reaches up to 108 decibels – which is as loud as a live rock concert. As the song played, I had only one thought: If I owned one of these speakers, my neighbours would hate me.
Devialet, which brands itself as an “acoustical engineering company”, has been transforming the world of high-end audio since it launched in 2007 and has been backed by everyone from Jay Z’s Roc Nation to the Renault group.
Now with its first flagship store in the Middle East, opened in partnership with Chalhoub Group, it is looking to plant its flag firmly in a region that is obsessed with luxury and innovation. The launch follows the success of Devialet’s pop-up store in the Mall of the Emirates, which resulted in strong consumer interest and reaffirmed the brand’s decision to establish a permanent presence in Dubai.
“The customers here love nice products, brands and luxury. They love technology products and this mix confirmed that we need to be there,” says Demont. With high consumer purchasing power and a strong demand for cutting-edge technology, Dubai provides an ideal environment for Devialet to thrive.
Devialet’s collaboration with Chalhoub Group signals a broader push across the Middle East. The company plans to open five additional regional stores. “We are talking with different locations, like Riyadh and Qatar, but the idea is always to be in the right place because it’s crucial. If you are not in the right place, you will never be successful and we are working on this with Chalhoub,” says Demont.
A local partner like Chalhoub Group makes sense for the French brand. The group has been introducing high-end brands to the Middle East for more than six decades. Chalhoub Group has been instrumental in introducing prestigious global brands to the Middle East, including Tom Ford and Swarovski.
The timing also makes sense. Demand for premium audio products is rising, fuelled by rapid urbanisation, a growing number of high-net-worth individuals and a surging appreciation for high-fidelity sound.
Devialet was set up in response to technological innovation, their Analogue Digital Hybrid amplification, which combines the best of analog and digital amplifiers. It was developed by co-founder Pierre-Emmanuel Calmel and underpins all their products – two decades on, the innovation doesn’t show any sign of waning.
The company’s latest release, the Devialet Mania, features artificial intelligence-powered 360-degree sound optimisation, which adjusts its output based on room acoustics. “If you put it near a wall, the AI will analyse the impact of the wall, and it will put back the music in the right direction so that you get the perfect sound,” Demont explains.
AI is set to play an even more significant role in Devialet’s product line-up. “AI will be in every product in the future of this company because it will bring more technology, and we need to be at this level,” Demont adds.
Devialet has become more than just an audio brand in recent years, building a strong lifestyle pedigree through collaborations with everyone from Louis Vuitton to the Opera de Paris.
Its partnership with Opera de Paris started in 2017 when Devialet introduced a special edition of its Phantom speakers inspired by the historic opera house. “When the product launched, I had the chief executive of Opera de Paris talking about my brand because it’s a revolution for him. He has like three Phantoms on his desk. He loved the product, and especially for opera, it’s amazing,” Demont says.
A new collaboration with Opera de Paris is set to be unveiled later this year to celebrate the institution’s 150th anniversary.
“This anniversary is very important to keep developing new products with them because this is the perfect positioning for us, because they have the same expectation – the love for music and artists, we need to keep this kind of development,” says Demont.
BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria
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
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
KEY HIGHLIGHTS
Healthcare spending to double to $2.2 trillion rupees
Launched a 641billion-rupee federal health scheme
Allotted 200 billion rupees for the recapitalisation of state-run banks
Around 1.75 trillion rupees allotted for privatisation and stake sales in state-owned assets
Hales' batting career
Tests 11; Runs 573; 100s 0; 50s 5; Avg 27.38; Best 94
ODIs 58; Runs 1,957; 100s 5; 50s 11; Avg 36.24; Best 171
T20s 52; Runs 1,456; 100s 1; 50s 7; Avg 31.65; Best 116 not out
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
'Operation Mincemeat'
Director: John Madden
Cast: Colin Firth, Matthew Macfayden, Kelly Macdonald and Penelope Wilton
Rating: 4/5
Persuasion
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
COMPANY%20PROFILE
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%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%208-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E470hp%2C%20338kW%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20620Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh491%2C500%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
SHALASH%20THE%20IRAQI
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