Deezer HiFi now available in Middle East

Updated 24 June 2019

Deezer HiFi now available in Middle East

Deezer, a global music streaming service, is offering a new way to enjoy music by introducing high-fidelity (hifi) sound in the Middle East, North Africa and Turkey (MENAT). 

Thanks to hifi technology, serious audiophiles can look forward to streaming 16-bit FLAC CD quality tracks on select speakers and amplifiers. HiFi users also have access to Deezer Premium benefits and to Deezer Flow, a personal soundtrack that combines smart data and editorial recommendations to play a nonstop stream of music.

With Deezer HiFi, music lovers can enjoy unlimited access to 36 million hifi, CD-quality lossless tracks.

“As one of the early pioneers of streaming, we are excited to be able to offer our lossless technology to music fans in MENAT,” said Tarek Mounir, CEO, Deezer MENAT.

HiFi listeners in the region can sign up for Deezer HiFi on Deezer.com and enjoy 16-bit FLAC audio quality on the Deezer desktop app, B&O, Sony, Samsung and more.


SAGIA, Xylem ink $50m MoU to advance water security

Updated 05 December 2019

SAGIA, Xylem ink $50m MoU to advance water security

Water technology firm Xylem has signed an MoU with the Saudi Arabian General Investment Authority (SAGIA), representing an investment of $50 million. The agreement aims to expand Xylem’s manufacturing footprint into the Kingdom, and to better serve its portfolio of customers in Saudi Arabia and across the region.

Under the MoU, Xylem will work with SAGIA to develop and localize advanced water and wastewater products and technologies to address water challenges in Saudi Arabia, as well as increase its footprint of service points and rental fleets across the Kingdom. A core objective of the MoU is to accelerate adoption of digital water solutions and optimize utility networks across the Kingdom.

The proposed multimillion-dollar investment will not only help build a vibrant local supply chain, but also see Xylem bringing additional commercial opportunities into the Kingdom, with the wider aim of improving water solutions locally. The agreement is in line with the goals of Saudi Vision 2030 to promote economic diversification through investments in localization that will also contribute to the export of “Made in Saudi” products across the world.

The MoU was signed on the sidelines of the Future Investment Initiative (FII), commonly known as the “Davos in the Desert,” by Ibrahim A. Al-Omar, governor of SAGIA, and Steven Leung, senior vice president and president, emerging markets of Xylem, in the presence of senior officials of both entities and Frank Ackland, managing director Xylem Middle East.

Al-Omar said: “As Saudi Arabia welcomes investors and decision-makers from across the globe to this annual global investment platform, the agreements exchanged here reflect the strength and diversity of the economy. Under Saudi Vision 2030, Saudi Arabia is undergoing an ambitious program of economic reform, and the world is taking notice. This month, Saudi Arabia climbed 30 places in the World Bank’s Doing Business 2020 report, becoming the most improved economy globally. The indicators are
clear: Saudi Arabia is not only open for business, it’s the economy of the future.”

Leung added: “As Xylem continues to lead the water sector’s digital transformation globally, this MoU presents an opportunity to leverage our market-leading portfolio and application expertise to advance water security in Saudi Arabia. Through our investment of $50 million, and with our strong presence in Saudi Arabia, backed by our dedicated office and team, we are committed to creating in-Kingdom value through our investments and partnerships. We are thankful to SAGIA for the opportunity to directly contribute our expertise to the development vision of the leadership, as the Kingdom embarks on its ambitious transformation program.”