French audio brand Devialet's chief executive, Jacques Demont. Photo: Devialet
French audio brand Devialet's chief executive, Jacques Demont. Photo: Devialet
French audio brand Devialet's chief executive, Jacques Demont. Photo: Devialet
French audio brand Devialet's chief executive, Jacques Demont. Photo: Devialet

Devialet chief executive Jacques Demont in Dubai: 'AI will be in every product in the future of this company'


Dana Alomar
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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.

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. Photo: Devialet
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. Photo: Devialet

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.

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. Photo: Devialet
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. Photo: Devialet

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.

The company’s latest release, the Devialet Mania, features artificial intelligence-powered 360-degree sound optimisation, which adjusts its output based on room acoustics. Photo: Devialet
The company’s latest release, the Devialet Mania, features artificial intelligence-powered 360-degree sound optimisation, which adjusts its output based on room acoustics. Photo: Devialet

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.

Changing visa rules

For decades the UAE has granted two and three year visas to foreign workers, tied to their current employer. Now that's changing.

Last year, the UAE cabinet also approved providing 10-year visas to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring their spouses and children into the country.

It also approved five-year residency to owners of UAE real estate worth at least 5 million dirhams.

The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the country.

The first batch - 20 finalists for the Mohammed bin Rashid Medal for Scientific Distinction.- were awarded in January and more are expected to follow.

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

AGL AWARDS

Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)

Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

The National photo project

Chris Whiteoak, a photographer at The National, spent months taking some of Jacqui Allan's props around the UAE, positioning them perfectly in front of some of the country's most recognisable landmarks. He placed a pirate on Kite Beach, in front of the Burj Al Arab, the Cheshire Cat from Alice in Wonderland at the Burj Khalifa, and brought one of Allan's snails (Freddie, which represents her grandfather) to the Dubai Frame. In Abu Dhabi, a dinosaur went to Al Ain's Jebel Hafeet. And a flamingo was taken all the way to the Hatta Mountains. This special project suitably brings to life the quirky nature of Allan's prop shop (and Allan herself!).

UAE currency: the story behind the money in your pockets
The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

RACE CARD

4.30pm: Maiden Dh80,000 1,400m
5pm: Conditions Dh80,000 1,400m
5.30pm: Liwa Oasis Group 3 Dh300,000 1,400m
6pm: The President’s Cup Listed Dh380,000 1,400m
6.30pm: Arabian Triple Crown Group 2 Dh300,000 2,200m
7pm: Wathba Stallions Cup Handicap (30-60) Dh80,000 1,600m
7.30pm: Handicap (40-70) Dh80,000 1,600m.

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

SAUDI RESULTS

Team Team Pederson (-40), Team Kyriacou (-39), Team De Roey (-39), Team Mehmet (-37), Team Pace (-36), Team Dimmock (-33)

Individual E. Pederson (-14), S. Kyriacou (-12), A van Dam (-12), L. Galmes (-12), C. Hull (-9), E. Givens (-8),

G. Hall (-8), Ursula Wikstrom (-7), Johanna Gustavsson (-7)

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
MATCH INFO

Red Star Belgrade v Tottenham Hotspur, midnight (Thursday), UAE

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

While you're here
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

Australia tour of Pakistan

March 4-8: First Test, Rawalpindi

March 12-16: Second Test, Karachi

March 21-25: Third Test, Lahore

March 29: First ODI, Rawalpindi

March 31: Second ODI, Rawalpindi

April 2: Third ODI, Rawalpindi

April 5: T20I, Rawalpindi

Frida%20
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Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

'The Coddling of the American Mind: How Good Intentions and Bad Ideas are Setting up a Generation for Failure' ​​​​
Greg Lukianoff and Jonathan Haidt, Penguin Randomhouse

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.”

Honeymoonish
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Updated: March 17, 2025, 4:54 PM