Press releases, Reports & Disclosures for BHM Capital Financial Services PSC

BHM Capital, a UAE-based financial institution, has announced the launch of its Fixed Income Division. The new department will act as an active proprietary market-maker of global credit instruments, both conventional and sharia-compliant, with a primary focus on the MENA region. The company's CEO, Abdel Hadi Al Sa’di, emphasized the strategic importance of the Fixed Income desk, stating it would provide clients with superior liquidity, pricing, and execution across regional and global financial markets. He also noted the potential for fixed income investments to diversify and stabilize investor portfolios. The move coincides with a rapid expansion of debt capital markets in the GCC region.

BHM Capital, a prominent financial institution in the United Arab Emirates, has been granted approval by the Dubai Financial Market to implement the price stabilization mechanism for new stock listings. The retail chain, Spinneys, will be the first company to use this service after listing, following its 25% share public subscription offer from April 23 to 29. The mechanism allows newly listed or existing companies to appoint BHM Capital as their price stabilizer manager, which supports the stock price for a specific period after its trading debut. The CEO of BHM Capital, Abdel Hadi Al Sa’di, expressed his satisfaction with the approval and highlighted the mechanism's contribution to market transparency and stability.

BHM Capital Financial Services, a private joint stock company regulated by SCA, has announced the expiration of its Market Making and Liquidity Provision agreements with National International Holding Company (NIH). The agreements, which are related to NIH's shares listed in the Dubai Financial Market, will expire on 30th April 2024. It has been mutually agreed not to renew these agreements for an extra term. However, BHM Capital will continue to fulfill its obligations as per the agreements until the specified date.

BHM Capital Financial Services PSC, a private joint stock company regulated by SCA with registration number 604097, has appointed Mr. Hatem Salti as a member of its Board of Directors. Mr. Salti has over 20 years of experience in the financial sector, specializing in market making for bonds and fixed income instruments. He holds an MBA in Finance from California State University, Long Beach. The announcement was made by the company's CEO, Abdel Hadi Al Sadi, and submitted to the Dubai Financial Market through the EFSAH system.

BHM Capital Financial Services PSC has announced the resignation of Mr. Abdulrahman Al Shamsi from his position as a member of the Board of Directors. The resignation was due to personal reasons. The announcement was made by Ma’an Albostami, the Chief Operating Officer and Board Secretary of the company.

BHM Capital Financial Services P.S.C., a private joint stock company regulated by SCA, held a meeting on 11th March 2024. The meeting, chaired by Mr. Alhur Mohammed Al Suwaidi, took place online and lasted from 11:00 AM to 12:00 PM. The quorum of total attendance was 69.075%, distributed as 1.23% personal attendance, 67.85% proxy, and 69.075% electronic voting. The assembly approved the Board of Directors' report, the Auditor's report, and the Consolidated Financial Statements, all for the financial year ended 31/12/2023.

BHM Capital, a prominent financial institution in the UAE, recently concluded its participation in Al Ain University's Career Development and Training Fair. This participation was part of a memorandum of understanding signed between the two entities in October 2021, which included the creation of a virtual trading room at the university to train students on investment operations and stock market. The CEO of BHM Capital, Abdel Hadi Al Sa’di, expressed his delight at the enthusiasm shown by students towards the financial sector. The BHM Capital platform at the exhibition attracted a significant number of students and graduates interested in learning about the company's work and gaining practical experience in investment and trading procedures.

BHM Capital, a leading financial institution in the UAE, has secured the largest share of new investor accounts on the Dubai Financial Market at the start of 2024. The company acquired 29% of all new accounts in January and February, surpassing all other brokerage firms in the market. This led to increased trading activity and attracted more investors. BHM Capital also maintained its position in terms of trading volume and value in both the Dubai Financial Market and the Abu Dhabi Securities Exchange. The CEO of BHM Capital attributes these results to the company's adoption of the latest technologies and its ability to meet investor expectations.

BHM Capital Financial Services PSC has postponed its General Assembly Meeting due to the failure to meet the quorum. This was mainly because of the incomplete necessary legal documents of the main investor's representative for registration and attendance. The second General Assembly Meeting has been rescheduled for March 11, 2024, at the same time and location as previously planned.

The Board of Directors of "BHM Capital Financial Services P.S.C" has invited its shareholders to attend the General Assembly Meeting. The meeting will be held remotely on Monday 04 March 2024 at 11:00 AM. If quorum is not met, the meeting will be rescheduled to 11 March 2024 at the same time. The agenda includes authorizing the Chairman of the General Assembly to appoint the rapporteur and the vote collector.