BHM Capital Financial Services PSC

Logotype for BHM Capital Financial Services PSC
Ticker/ISIN
BHMCAPITAL
AEA006001019
Market/Country
Dubai Financial Market
United Arab Emirates

About BHM Capital Financial Services PSC

Country of Origin: United Arab Emirates (U.A.E)

BHM Capital Financial Services, previously known as BH Mubasher Financial Services, is a private joint stock company listed in Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority.

Since its inception in 2006 it has been one of the top ranked firms in the country’s financial markets and a pioneer in financial technology making it a regional leader in providing essential tools for corporate and individual investors.

With a business driven by a commitment to integrity, innovation and client care we offer clients access to capital markets in UAE, KSA, USA, UK and other regional and international markets as well as a wide range of financial services and investment instruments including prime brokerage, investment management, market making, liquidity providing, corporate advisory and research.

The head office is located in Vision Tower, Dubai Business Bay, and has branches in Abu Dhabi, Sharjah, RAK, Al Ain and inside Dubai Financial Market (DFM) in Dubai.

Latest Pressrelease Summaries from BHM Capital Financial Services PSC

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held an online General Assembly meeting on Tuesday, December 31, 2024, from 11:00 AM to 12:00 PM. The meeting, chaired by Mr. Alhur Mohammed Hamad Alsuwaidi, had an attendance quorum of 84.93%, with 6.84% attending personally and 78.08% by proxy, all through electronic voting. The assembly approved the resignation and discharge of the Board of Directors from liability, passed a special resolution to amend the company's Articles of Association to increase the number of board members from five to seven, and elected new board members to complete the term of the resigned board.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in the UAE, has announced the end of the nomination period for its Board of Directors as of December 27, 2024. The company has submitted the list of nominees through the EFSAH System to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The nominees who have met the requirements for board membership are: Shaikh Dr. Ammar Nasser Ahmad Nasser Almualla, Dr. Abdulrahman Mahmoud Abdulrahman Mohammed Al Afeefi, and Mr. Abdulrahman Marwan Ahmad Majid Al Ghurair. All nominees are independent, non-executive members from the UAE.
BHM Capital Financial Services P.S.C has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from 8:00 AM on Friday, December 13, 2024, until 4:30 PM on Friday, December 27, 2024. Eligible individuals may apply by submitting their applications to the company's management at its head office on the 49th floor of Vision Tower in Dubai.
The Board of Directors of BHM Capital Financial Services P.S.C invites the company's shareholders to attend the General Assembly Meeting. The meeting will be held remotely on Tuesday, December 31, 2024, at 11:00 AM. If the quorum is not met, the meeting will be rescheduled for January 7, 2025, at the same time. The agenda for the meeting will be reviewed and discussed.
BHM Capital has achieved the largest share of new investor accounts on the Dubai Financial Market, adding nearly 37,000 accounts as of November 30, 2024. This accomplishment reflects strong investor interest in new market listings. BHM Capital also ranked second among brokerage firms by trading volume, holding a 12.78% market share with a trading value of AED 23.6 billion. CEO Abdel Hadi Al Sa’di highlighted the company's success in providing advanced trading services and technologies, which has enhanced market appeal and attracted diverse investors. The company aims to build on this success in the coming year.
BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, submitted a letter to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH System on November 22, 2024. The letter outlines resolutions approved by the company's Board of Directors by circulation on the same date. The resolutions include: 1) Board members decided to resign due to a change in company ownership and upcoming phase requirements, effective after the next General Assembly meeting and the election of a new Board. 2) The nomination process for new Board members will be opened. 3) A recommendation for the General Assembly to appoint a new auditor and set their fees. 4) An invitation to convene the General Assembly to approve these matters. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.
BHM Capital has been appointed as the liquidity provider for Lulu Retail Holding's shares, which are listed on the Abu Dhabi Securities Exchange. This appointment aims to enhance the efficiency and attractiveness of the UAE's capital markets. Lulu Retail Holding recently increased its initial public offering to 30% of its shares, with the IPO being oversubscribed more than 25 times, reflecting strong investor confidence. Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted the growing demand for liquidity services in the UAE's local capital markets, which help maintain stock liquidity and provide value to investors. BHM Capital is committed to supporting the stability and growth of the UAE financial sector, benefiting companies, investors, and the community. The company aims to boost market efficiency and investor confidence by providing liquidity services to companies listed on UAE exchanges. BHM Capital is a leading financial institution in the UAE, known for its pioneering role in financial technology.
BHM Capital, a leading financial institution in the UAE capital markets, reported a 6% increase in net profits for the first nine months of 2024, totaling AED 24.81 million compared to AED 23.47 million in the same period of 2023. The company's total assets grew by 17.4% to AED 1.4 billion, and total income increased by 22.57% to AED 117.9 million. The number of new client accounts rose by 334.52%, reaching 22,295. CEO Abdel Hadi Al Sa’di attributed these results to the UAE's supportive investment environment and the company's strategy of revenue diversification and investment in innovative solutions. Despite global challenges, BHM Capital's strategy has been successful. The company was also recognized as the "Best Equity Broker in Dubai" at the 2024 Annual Conference of the Arab Federation of Capital Markets.

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Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: BOD Meeting

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA with registration number 604097, has scheduled a board of directors meeting for Friday, 10 May 2024 at 11:00 AM. The agenda includes reviewing and approving Q1 Financial Statements of 2024, and discussing operational matters. The notice was issued by the board secretary, Ma’an Albostami.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

BHM Capital, a prominent financial institution in the United Arab Emirates, has been appointed as the liquidity provider for Agility Global PLC's shares on the Abu Dhabi Securities Exchange (ADX). BHM Capital will provide liquidity for the shares by entering two-way daily quotes into the market trading system. The move is expected to stabilize the price movements of Agility Global's shares and provide opportunities for investors to diversify their portfolios.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Notification from the company

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Notification from the company

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Notification from the company

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Resolutions of General Assembly

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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press Release

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.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Press release

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.

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