BHM Capital Financial Services PSC

BHM Capital, a prominent financial institution in UAE's capital markets, has been appointed as the Liquidity Provider for RAK Properties PJSC, a company listed on the Abu Dhabi Securities Exchange. BHM Capital will ensure liquidity for RAK Properties' shares by actively participating in the market trading system, complying with regulations set by the Abu Dhabi Securities Exchange and the UAE Securities and Commodities Authority. The appointment aims to enhance price stability, attract a wider range of investors, increase turnover, and boost the market value of RAK Properties by introducing new investments, thereby stimulating the financial markets and increasing the appeal of listed companies.

The CEO of BHM Capital Financial Services PSC, Abdel Hadi Al Sa’di, has responded to an inquiry from the Dubai Financial Market about the recent surge in trading of the company's shares. Al Sa’di confirmed that there is no undisclosed operational or technical information or news about the company that could explain the increase in share trading.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by SCA, has decided to postpone the date of the General Assembly to elect a new Board of Directors. This decision comes in response to the request of 67.85% of shareholders. The new date for the General Assembly, which will also approve the Board of Director's report on the company's financial position and activity for the fiscal year, is yet to be determined. The information was communicated by the company's CEO, Abdel Hadi Al Sadi, to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market.

BHM Capital Financial Services PSC, a private joint stock company regulated by SCA, has informed the Dubai Financial Market of a board resolution passed by 67.85% of its shareholders. The resolution includes a call for the Company's General Assembly to convene on Thursday 18th January 2024 or any other date approved by the Ministry of Economy. The agenda of the General Assembly includes the election of the company's board of directors. This information was conveyed by Abdel Hadi Al Sadi, the Chief Executive Officer of BHM Capital Financial Services PSC.

Dubai Taxi has appointed BHM Capital Financial Services PJSC, a leading financial institution in the UAE, as a Liquidity Provider for its shares listed on the Dubai Financial Market (DFM). As per the agreement, BHM Capital will provide liquidity for Dubai Taxi's shares by entering two-way daily quotes into the market trading system, in compliance with the regulations set by DFM and the UAE Securities and Commodities Authority (SCA). BHM Capital, a subsidiary of EIH Ethmar International Holding PJSC, is a top-ranked firm in UAE's financial markets and a pioneer in financial technology.

BHM Capital, a major financial institution in the UAE capital markets, has secured an activity from the Dubai Financial Market (DFM) to become a regulated short selling provider. This allows BHM Capital to offer a regulated short selling service to investors, allowing them to sell securities they don't own, provided they pledge to return them based on a stock lending and borrowing agreement, according to DFM's rules and regulations. Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed gratitude to DFM for the trust and highlighted this as an affirmation of their esteemed standing in the region.

Waha Capital PJSC has appointed BHM Capital, a leading financial institution in the UAE capital markets, as its Liquidity Provider. As per the agreement, BHM Capital will ensure liquidity for Waha Capital's shares by actively participating in market trading, adhering to regulations set by the Abu Dhabi Securities Exchange and the UAE Securities and Commodities Authority. BHM Capital's CEO, Abdel Hadi Al Sadi, expressed gratitude for the appointment, stating it would enhance investor opportunities and facilitate portfolio diversification. BHM Capital is a top-ranked financial services company, regulated by the UAE Securities and Commodities Authority, and is listed on the Dubai Financial Market.

BHM Capital, a leading financial institution in the UAE, has reported a 145% increase in profits for the first nine months of 2023, reaching AED 27 million compared to AED 11 million in the same period of 2022. This growth is attributed to the company's successful strategies, ambitious goals, and commitment to diversify its revenues and expand partnerships. The company's total assets also grew by 18%, reaching AED 889.8 million. Revenue from trading commissions and consultancy fees reached 61%, while margin financing revenue grew by 81%. The company's total income increased by 63%, surpassing AED 96.21 million. CEO Abdel Hadi Al Sa’di expressed satisfaction with the results, attributing the growth to effective investment strategies, developmental services, partnerships, and acquisitions.

BHM Capital Financial Services P.S.C., a private joint-stock company regulated by SCA, held a board meeting on October 20, 2023. The meeting began at 10:30 AM and ended at 11:30 AM, with all five board members present, achieving 100% quorum. The board approved the Q3 Consolidated Financial Statements for 2023 and discussed operational activities. The meeting was led by Board Secretary, Ma'an Albostami.