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Binghatti Capital Poised To Manage $1 Billion in Shariah-Aligned Funds

Binghatti Capital Poised To Manage $1 Billion in Shariah-Aligned Funds

Arabian Post4 days ago

Arabian Post Staff -Dubai
Binghatti Holding Ltd has launched Binghatti Capital in the Dubai International Financial Centre, aiming to manage approximately $1 billion in Shariah-compliant private credit and real‑estate investments. Licensed by the Dubai Financial Services Authority to deal exclusively with professional clients, the firm marks Binghatti's strategic pivot from pure property development to full-spectrum asset management.
The new entity will implement dual strategies: acquiring and selling off‑plan residential assets and developing residential projects; and providing private‑credit finance targeted at construction, property management firms and suppliers in the Dubai real‑estate supply chain. Beyond private funds, clients can access bespoke discretionary and non‑discretionary portfolio mandates tailored to their investment goals.
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Executive Director Katralnada Binghatti described the move as 'a strategic initiative to deepen Binghatti Holding's investment footprint and enhance access to alternative capital,' underlining ambitions to drive high‑value, income‑generating growth and bolster Dubai's appeal as a global investment destination. CEO Shehzad Janab added that the firm's 'inaugural suite of unique strategies represents a disciplined, well‑structured approach' designed for strong governance and long‑term resilience.
DIFC Authority's Chief Business Development Officer, Salmaan Jaffery, welcomed the launch, noting that the centre, home to more than 46,000 financial professionals and over 400 wealth and asset managers, remains the region's top asset-management hub. He said Binghatti's addition would further reinforce DIFC's financial ecosystem.
The launch reflects broader market trends in the Gulf, where firms like Amwal Capital Partners are expanding into private‑credit—a form of non‑bank lending offering direct finance to mid‑tier real‑estate developers and other asset‑backed borrowers. Dubai's policy environment, characterised by robust infrastructure investment and tax incentives, has boosted demand for these private‑credit solutions.
Industry observers note the move signals a maturing of Dubai's real‑estate landscape, with residential unit completions projected to exceed 243,000 by 2027, presenting ample opportunity for asset managers specialising in this market—particularly with Shariah‑compliant structures gaining traction among global and Gulf investors.
Binghatti's pedigree in luxury development, seen in flagship schemes such as Binghatti Ghost in Al Jaddaf, complements its newfound investment ambitions. The firm's announcement of more than 12 projects valued at $2.7 billion reinforces its market clout and provides a foundation for its asset‑management division.
By branching into private credit and real‑estate fund management, Binghatti aligns with Dubai's economic diversification goals, channelling institutional capital into strategic sectors and reinforcing the emirate's role as a conduit between East, West, and the Islamic finance community.
As the firm rolls out its Shariah‑compliant investment vehicles, its governance frameworks and active management approach will be key to winning trust among discerning professional clients. It will also test how effectively Binghatti can manage investor interests alongside its parent's development pipeline.

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Citi Warns Hormuz Closure Could Propel Oil Near $90
Citi Warns Hormuz Closure Could Propel Oil Near $90

Arabian Post

time17 hours ago

  • Arabian Post

Citi Warns Hormuz Closure Could Propel Oil Near $90

Arabian Post Staff -Dubai Citigroup analysts warn that a shutdown of the Strait of Hormuz could lift Brent crude prices to approximately $90 a barrel, although they expect any halt to shipping to be brief. They cite the strategic importance of the strait—through which nearly 20 million barrels per day flow—suggesting market reaction would be sharp but short-lived as global efforts would swiftly aim to reopen the passage. Citigroup's forecast is embedded in a wider reassessment of global oil dynamics amid escalating Middle East tensions, particularly stemming from the Israel‑Iran conflict. With around 3 million barrels per day of output at potential risk and Iran among OPEC's top producers, disruptions—even temporary—could reverberate across the energy market. Citi's base-case scenario projects Brent at $75–78 per barrel if approximately 1.1 million barrels daily of Iranian exports are affected. ADVERTISEMENT A total 3 million bpd disruption, sustained over months, could even hit the $90 mark, Citi warns. Still, analysts emphasise that broader supply resilience, including increased output from non‑OPEC producers and reduced demand growth—due in part to slowing Chinese purchases—might temper a sustained rally. Other leading financial institutions draw a similar line: Goldman Sachs and Barclays point to heightened geopolitical risk premiums, respectively estimating $10 and $15–20 per barrel add-ons if Iran's exports are severely cut—a situation that could push prices above $100 in extreme scenarios. JPMorgan outlines a worst-case blockade of the Hormuz strait leading to a $120‑130 spike, though such events would likely be fleeting. Analysts and experts stress that while short-term oil supply disruptions would sharply affect spot prices, structural market factors could offset prolonged volatility. OPEC has spare capacity; U.S. shale output remains nimble; and China has begun trimming its purchases as inventories fill, helping absorb supply shocks. Geosphere Capital's Arvind Sanger assesses a 25 percent likelihood of an actual tactical attack on critical infrastructure such as Kharg Island or Hormuz, but holds that there is a 75 percent chance hostilities do not directly impact supply chains. Shipping insurance and risk premiums are rising, though long‑term disruption remains unlikely. Diplomatic signals, particularly from Washington playing a stabilising role in response to Iranian threats, may also help contain risks. Historical precedent—such as Rapid US naval deployments near the strait in 2008—reinforces the view that any attempt to close Hormuz by Tehran would quickly provoke international counter‑measures. Market movements reflect this delicate balance. Brent futures recently climbed above $78 before easing to the low‑to mid‑$70s, as traders weighed the potential for escalation against buffer capacity and broader production trends. Estimates from Rystad Energy suggest oil will likely remain capped below $80 unless dramatic escalation occurs—a view echoed by Midland Reporter‑Telegram coverage. Citi's note, authored by Anthony Yuen and Eric Lee, highlights that even though Hormuz closure would trigger a pronounced price spike, global strategic response and logistical imperatives would likely curtail its duration. They describe that, in their bullish scenario, 'any closure of the Strait could lead to a sharp price spike … but … it should not be a multi‑month closure.' Investors are advised to monitor diplomatic channels, oil inventories, and production shifts in Saudi Arabia, UAE and the US. While a temporary supply squeeze may lift prices—potentially to the $90 level—structural growth in non‑OPEC output and strategic reserves may prevent a prolonged energy shock.

Best Co-working and Virtual Office Setups for Business Owners Looking to Grow
Best Co-working and Virtual Office Setups for Business Owners Looking to Grow

Hi Dubai

time4 days ago

  • Hi Dubai

Best Co-working and Virtual Office Setups for Business Owners Looking to Grow

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Shadow Unveils ‘Neo' Cloud PC with RTX‑Level Power
Shadow Unveils ‘Neo' Cloud PC with RTX‑Level Power

Arabian Post

time4 days ago

  • Arabian Post

Shadow Unveils ‘Neo' Cloud PC with RTX‑Level Power

Arabian Post Staff -Dubai Shadow has rolled out its Neo cloud PC tier, immediately replacing its Boost offering across Europe and North America. Priced from $37.99 a month, Neo delivers performance aiming at NVIDIA RTX 4060-class levels and is supported on fibre links up to 1 Gb/s. Powered by an eight‑vCore AMD EPYC processor clocked between 3.25 GHz and 3.8 GHz and equipped with 16 GB DDR5 RAM, Neo uses Nvidia's RTX 2000 ADA GPU—a server‑grade equivalent to the consumer RTX 4060 with 16 GB VRAM. It supports DirectX 12, Vulkan 1.3, real‑time ray tracing, and both DLSS and FSR upscaling, delivering up to 150 per cent higher frame‑rate in gaming and 200 per cent improved throughput in professional software over the previous Boost tier. ADVERTISEMENT Users continue to receive a full Windows PC environment, installable applications, mod support, peripheral compatibility, and operation across devices—including Mac, Linux, Android, iOS, smart TVs, and browsers. Existing Boost subscribers have been automatically migrated to Neo at no extra cost. The service launch highlights Shadow's intent to appeal to both gaming and creative professionals. In an announcement, Shadow's CEO Olivier Abecassis described Neo as its 'newest and most versatile cloud PC yet', capable of handling demanding workloads from 2K gaming to complex 3D editing. Since the company's original debut in 2017, it has expanded to serve over 700,000 users across 14 countries, and Neo extends that reach into gaming, B2B, engineering, architecture, and media sectors. Early feedback is largely positive. A player on Reddit reported a 40 per cent performance boost in titles like Kerbal Space Program, while some noted that resource-heavy apps like Discord could push the cloud CPU to its limits. Community comments suggest the CPU remains a potential pain point, with one user observing full utilisation 'when all I have is Discord, and almost ANY game open'. Pricing positions Neo competitively among cloud PC offerings. At $37.99, it undercuts some rivals while delivering hardware close to mid‑range modern gaming rigs. That said, sceptics argue that long‑term subscription fees may exceed the cost of a self‑built PC with comparable specs, particularly when factoring resale value and hardware depreciation. Shadow continues to refine its infrastructure. Earlier this year, the company referenced ongoing upgrades to backbone systems intended to support new service tiers—anticipating Neo among these developments. Its stated aim is to offer elastic, high‑performance Windows environments ubiquitously, with transparent monthly billing and no maintenance overhead. The service supports full SSD storage and up to 5 TB HDD, covering a wide range of user needs from game libraries to multimedia and professional projects. It also includes advanced features such as remote drag‑and‑drop transfers, multi‑monitor support, and H.265 streaming for low‑bandwidth scenarios. Cloud gaming rivals, including NVIDIA's GeForce NOW and Amazon Luna, have emphasised accessibility and platform exclusives. Shadow differentiates by offering a full virtual desktop, enabling mods, third‑party software installations, and extended workflows beyond pure gaming. Industry analysts view Neo's launch as a sign of the growing pivot toward cloud productivity among both gamers and professionals. The inclusion of an AMD EPYC CPU and server‑grade GPU suggests Shadow is targeting a hybrid user base, emphasising creative workflows as much as frame‑rate. Maintaining low latency via fibre and ensuring robust multi‑core CPU performance remain crucial to its competitiveness.

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